Timothy Sumer

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 INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA If you’re familiar with Roth conversions, you’re probably already aware of the pro-rata rule. This is a calculation used to determine the amount of taxable income that will be generated when you convert traditional IRA funds into a Roth IRA. In this article, we’ll explain what the pro-rata rule is and how to calculate Roth conversions using this method. What is the Pro-Rata Rule? In short, the pro-rata rule is a calculation

In this final episode in the TSP Millionaire Podcast, Elizabeth reveals a powerful tool to help you grow and protect your TSP account. FEBC Online Resources: The TSP Calculator: What is my Risk Number? Free Download Resources: The TSP Millionaire Book: The TSP Risk-Guard Exec Summary: Six Keys to Understanding the New TSP Mutual Fund Window: Free 17-point Assessment for Federal Retirement: How to Become a TSP Millionaire - Links to the Podcast Series: Part 1: Part 2: Part 3: Part 4: Part 5: Subscribe today for more valuable information and FREE resources. Contact Us: FEBC Website: www.FEBCnow.com Email Elizabeth Inman: Elizabeth@FEBCnow.com Email Bryan Fentress: Bryan@FEBCnow.com Call FEBC Offices: (918) 396-5171 In this Podcast Episode: 00:00 Introduction 00:52 Three FREE documents that can help you become a TSP Millionaire 02:47 Introducing the Risk-Guard™ Proprietary Process 03:53 How Risk-Guard™ Works 05:08 Risk-Guard™ Executive Summary 06:43 The Ri

Roth IRA Explained || A Simple Explanation of the Roth IRA || What Is A Roth IRA What is a Roth IRA? A Roth IRA is a special IRA where you pay taxes on the dollars you invest for retirement but all future retirement withdrawal's for retirement income are tax free. Benefits to a Roth IRA are no required minimum distributions and tax free inheritance to anyone who inherits your Roth IRA. A Roth IRA has income limits and contribution limits. The Roth IRA income limit doesn't allow individuals or families to contribute to a Roth IRA. If their modified adjusted gross income is over a certain limit. In the same way, Roth IRA contribution limits only allow those individuals who qualify to contribute a certain amount of retirement dollars on a yearly basis. All contributions to a Roth IRA must follow a five-year rule before withdrawing any earnings from your Roth IRA. Inside of a Roth IRA, or a variety of investment options. You can invest in mutual funds, stocks,

Social Security Spousal, Survivor, & Divorced Benefits Made Easy What are the rules for spousal benefits of Social Security? Social Security Spousal, Survivor, & Divorced Benefits Made Easy Social Security spousal benefits, divorced spousal benefits, and survivors benefits are some of the most overlooked and misunderstood Social Security claiming strategies for families who are on Social Security. If you are currently on Social Security or you are going to be on Social Security soon, it is important you understand your Social Security strategy options. How you qualify for Social Security Spousal Benefits (Married): 1. You are at least 62--unless you are caring for a child under 16 or permanently disabled. 2. You have been married to your spouse for at least 12 months 3. Your spouse is already receiving social security retirement benefits How you qualify for Social Security Spousal Benefits (Divorced): 1. You are not remarried 2. Your ex-spouse i

These 15 changes help us save more for retirement! Some more than others. My favorite is being able to transfer 520 college savings plan money into a Roth IRA for kids. But there are 14 others worth sharing in this video! ⏱Handy Timeline: 0:00 Secure 2.0 Act Changes 0:14 1. Free Emergency Fund 1:15 2. 401k Gift Cards 1:52 3. Forcing the 401k 2:30 4. Paid to save 3:54 5. Student loans that invest for you 5:12 6. Part-time workers win 6:04 7. Roth 401k Matching 6:36 8. Starter 401k 8:24 9. 529 to Roth for kids! 13:40 10. Lost and Found 401ks 14:58 11. 401k Withdrawals 17:20 Firefighters 18:02 Catch up contributions 18:58 Better comparisons, more profits 20:10 RMD rules relaxed 22:16 All Aboard the Omnibus 22:55 Secret 23:13 What if you have no 401k? ===== 📗My Investing Masterclass For Beginners Course! Step by Step from beginner to stock market success! ===== The Investing Apps I Recommend: 📈M1 Finance Investing: (Get $10-30 when you start investing today! To get it, in

Having the right financial resources in retirement is important, yet some of the most affluent retirees are not happy. Moreover, many retirees who enter retirement with a big nest egg run out of "nest egg" long before they run out of "retirement." On the other side there are those that have little to no savings entering retirement and are EXTREMELY happy. The difference is what Geoff calls the retirement focus and this video discusses some of the main elements. FREE Retirement Ready Checklist: Holy Schmidt Book Club: Important Links: Follow Me on Instagram: Geoff's Facebook Page Federal Reserve Board Survey of Consumer Finances: Social Security Administration Application for Benefits Current Social Security Cost of Living Adjustment Social Security Payment Estimator THE CHANNEL’S MOST POPULAR VIDEOS Should You Take Social Security at Age 62 and Invest it? 7 GOOD REASONS to File for Social Security Benefits at Age 62 Average R