Timothy Sumer

How much should you convert to a Roth IRA? Today, we'll dive into a scenario inside of NestEgg to show you that. We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments while teaching you all about your money. #retirement #retirementplanning #dohstr8 ---Ready to subscribe--- For more information visit: --- Instagram @jazzWealth --- Facebook --- Twitter @jazzWealth Business Affairs 📧Support@JazzWealth.com... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA One of the most common questions among retirement savers is how much they should convert to a Roth IRA. This question arises particularly when savers reach a point where they start worrying about the amount of taxes they will have to pay at retirement. This article discusses factors that savers need to co...

You SHOULD Rollover Your 401k To An IRA #shorts #retirement #financialfreedom Should I Rollover My 401k to anIRA 🤔 || 401k to IRA Rollover Pro's & Con's In this video, I want to talk about rolling over your 401k to an IRA Rollover and if that makes sense for your retirement planning . I want to look at the pro's to rolling over a 401k and also the con's to rolling over a 401k. When you should rollover your 401k to an IRA and when you should NOT rollover your 401k to an IRA. Let's talk about when you should NOT rollover your 401k to an IRA: 1. You are still working and are under the age of 59.5 2. You are 55 and considering retirement (Rule 55) 3. Increased creditor protection in a 401k 4. 401k's offer loans--IRA's do not offer loans Why you SHOULD rollover your 401k to an IRA 1. More investment choices in IRA over 401k 2. Lower investment fees 3. Convert IRA to Roth IRA (Roth IRA Conversion) 4. Consolidation from multiple 4...

The decade of your 60s may be the one where you will make the most crucial financial decisions than any other decade. We're helping today with the most important decisions you will face in your 60s during this episode of the Wise Money Show. Season 7 Episode 42 Have a question for the show? Call or text 574-222-2000 or leave a comment! Want to speak with a Certified Financial Planner™? Visit or call 574-247-5898. Find more information about the Wise Money Show™ at Be sure to stay up to date by following us! Facebook - ​ Instagram - Twitter - ​ Want more Wise Money™? Read our blog! ​ Listen on Podcast: ​ Subscribe on YouTube: Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC.  Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® an...

IRA transfer vs 60 day rollover Getting this right will save you from having to deal with an extra tax form. If done properly this can be simple and easy and give you flexibility as you move your IRA as often as you like. #ira #rollover #retirement... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA IRA Transfer vs 60-Day Rollover: What You Need to Know When it comes to managing your retirement savings, it's important to understand the differences between an IRA transfer and a 60-day rollover. Both options allow you to move funds between retirement accounts without triggering taxes or penalties, but they work a bit differently. Here's what you need to know about IRA transfers and 60-day rollovers: IRA Transfers An IRA transfer is a direct transfer of funds between two retirement accounts. For example, if you had an IRA with one cu...

Spousal IRA is a strategy you can use when you have a single income household but file taxes jointly. It allows you to put money in an ira for the non-working spouse without the earned income requirement. The irs will allow you deduct the contribution, giving you a tax advantage. #moneytalks #retirement #ira #financialfreedom #financialliteracy #retirement #wealth... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA A Spousal IRA is an individual retirement account (IRA) that allows married couples to save for retirement. It is an important tool for couples who want to maximize their retirement savings and take advantage of tax benefits. A Spousal IRA is an individual retirement account that is owned by one spouse, but the contributions are made by the other spouse. The contributions are made with after-tax dollars and the accoun...

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom Should I Rollover My 401k to anIRA 🤔 || 401k to IRA Rollover Pro's & Con's In this video, I want to talk about rolling over your 401k to an IRA Rollover and if that makes sense for your retirement planning . I want to look at the pro's to rolling over a 401k and also the con's to rolling over a 401k. When you should rollover your 401k to an IRA and when you should NOT rollover your 401k to an IRA. Let's talk about when you should NOT rollover your 401k to an IRA: 1. You are still working and are under the age of 59.5 2. You are 55 and considering retirement (Rule 55) 3. Increased creditor protection in a 401k 4. 401k's offer loans--IRA's do not offer loans Why you SHOULD rollover your 401k to an IRA 1. More investment choices in IRA over 401k 2. Lower investment fees 3. Convert IRA to Roth IRA (Roth IRA Conversion) 4. Consolidation from multipl...

Thank you for watching! Please like the video and subscribe to the channel if you enjoy the content! In this video 5 key strategies are discussed in order to maximize your 401k in 2023. Here are a few ways that we might be able to help; 1. Watch our free educational videos here on our YouTube Channel 2. Like the Money Evolution Facebook Page. Additional investment and retirement planning content, including Live Stream Market, updates not on the YouTube Channel. 3. Our WealthVision Comprehensive Financial Plan: 4. Learn more about our retirement planning Course The Retirement Time Machine Tracking: 401071-1... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA TO GOLD: Gold IRA Account CONVERT IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA As the year 2023 approaches, it is important to start planning for your retirement. One of the most effective ways to do this is to take advantage of a 401(k) plan. A 401(k) plan is ...

A traditional IRA is an individual retirement arrangement. It's basically a tax-advantaged personal savings plan where contributions can be tax-deductible. Traditional IRAs are pre-tax contributions with immediate tax benefits, reducing the amount of income you pay taxes on right now. The money you put in is tax-free. In this video, we'll talk about the traditional IRA, and why you might invest in a traditional IRA if you expect to make less money in the future than you do now. In a way, you'd be deferring your taxes on the IRA gains to some time in the future. #traditionalira #retirementplanning #retirement Join the community of like-minded investors: OR _____________________________________________________ 🚨⚠️ All content on the channels for discussion, entertainment, and illustrative purposes only and should not be construed as professional financial advice, solicitation, or recommendation to buy or sell any securities, notwithstanding anyth...

Why You SHOULD Rollover Your 401k Into An IRA || 401k & IRA retirement planning In this video, I want to talk about rolling over your 401k to an IRA Rollover and if that makes sense for your retirement planning . I want to look at the pro's to rolling over a 401k. When you should rollover your 401k to an IRA? Why you SHOULD rollover your 401k to an IRA 1. More investment choices in IRA over 401k 2. Lower investment fees 3. Convert IRA to Roth IRA (Roth IRA Conversion) 4. Consolidation from multiple 401k's to single Traditional IRA If you have an old 401k with a previous employer you have 4 options: 1. Leave the 401k at the old 401k plan 2. Roll the 401k to your new 401k 3. Cash out your 401k 4. Roll your 401k over to an IRA **Free Retirement Download: The Roadmap to Retirement:** 📊 Retirement income strategies and retirement income planning are two big pieces to anyones retirement planning calculator. Whether you are wanting to know strateg...

Should I Rollover My 401k to anIRA 🤔 || 401k to IRA Rollover Pro's & Con's In this video, I want to talk about rolling over your 401k to an IRA Rollover and if that makes sense for your retirement planning . I want to look at the pro's to rolling over a 401k and also the con's to rolling over a 401k. When you should rollover your 401k to an IRA and when you should NOT rollover your 401k to an IRA. Let's talk about when you should NOT rollover your 401k to an IRA: 1. You are still working and are under the age of 59.5 2. You are 55 and considering retirement (Rule 55) 3. Increased creditor protection in a 401k 4. 401k's offer loans--IRA's do not offer loans Why you SHOULD rollover your 401k to an IRA 1. More investment choices in IRA over 401k 2. Lower investment fees 3. Convert IRA to Roth IRA (Roth IRA Conversion) 4. Consolidation from multiple 401k's to single Traditional IRA If you have an old 401k with a previous em...

The new state pension replaced the basic and additional state pension for those who reach State Pension Age on or after 6 April 2016. I’m going to explain how your entitlement to the new state pension is calculated and what happens if you’re in the fortunate position where your state pension benefits are projected to exceed the amount of the new state pension. I will also explain how you can ensure you receive the full new state pension, if you’re currently projected to fall short. Other videos you might like: Check your eligibility to top up NI contributions back to 2006: How the new state pension differs from the basic & additional state pension: add link Getting your State Pension Forecast and National Insurance Record (2021): How to interpret your State Pension forecast: How to reduce a potential shortfall in your State Pension entitlement: Should You Top Up Your NI Contributions For A Better State Pension?: Can you inherit a spouse's state pension if...

We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments while teaching you all about your money. #retirement #retirementplanning #dohstr8 ---Ready to subscribe--- For more information visit: --- Instagram @jazzWealth --- Facebook --- Twitter @jazzWealth Business Affairs 📧Support@JazzWealth.com... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/the-biggest-tax-advantage-of-a-roth-ira/?feed_id=49988&_unique_id=639ae4b7ec004 #Inflation #Retirement #GoldIRA #Wealth #Investing #financialadvice #financialadvisor #financialplanner #FinancialPlanning #Retirement #retirementplanning #retirementplanning2022 #retirementplanningat55 #retirementplanningat60 #RothIRA #rothirabenefits #rothiracontribution #rothiraexplained #rothir...