Timothy Sumer

#retirementplanning #401k #IRA #RothIRA #retirementaccounts #retirementinvesting #retirementsavings #retirementgoals #financialplanning #retirementincome... ( 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 retirement planning is an essential part of anyone's financial journey. It involves understanding and making the most of different retirement accounts that can help you save for your golden years. Three of the most popular retirement accounts are the 401(k), IRA, and Roth IRA. In this ultimate guide, we will explore these accounts, how they work, and their advantages and disadvantages. What is a 401(k)? A 401(k) is an employer-sponsored retirement savings plan that allows employees to contribute a portion of their salary before taxes to their account. Many companies offer 401(k) plans as an employee benefit. The contributions are tax-def

This video discusses the difference between IRAs and Roth IRAs. Also what is different from a 401K, 403B, SEP-IRA, and an IRA. What makes sense for you planning for retirement? P.S. Whenever you’re ready... here are 6 ways I can help you take control of your finances! 1. Sign-Up for my budgeting and debt elimination course- Financially Free in 2023: 2. Join the Free Facebook Group Families Creating Financial Freedom: where I’ll help you take control of your finances. Everyone deserves financial freedom. My mission is to provide a blueprint you can easily follow to create savings without sacrifice – even it you are in debt today. It’s time to create financial stability and abundance for your family. You don’t have to figure this out by yourself. If you’re ready for financial peace and freedom join the community here. 3. Get the “Know What You Owe” Free Debt Organizer: Do you Know What You Owe? I know it can be scary to face your debt. I promise you getting your debt u

Gold IRA Rollovers protect you from Inflation and Recessions. With the market taking a nosedive it’s time to take hold of your wealth and store it somewhere as safe as possible. Ever thought about precious metals? More and more retirees are turning towards gold and silver as they are a secure assets that maintains the wealth you have worked so hard to build. Historically in times of economic turmoil, precious metals thrive. If you’re looking to be proactive in securing the quality of you and your family’s future, consider a gold IRA rollover. To learn more about gold IRAs and what they can do for you, contact either Augusta Precious Metals or Goldco. They have the highest-quality education materials and are not pushy salesmen. 🥇Augusta Precious Metals:🥇 🥇Goldco:🥇 ... ( 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

In addition to other coronavirus-related relief, the CARES Act impacts retirement account owners' required minimum distributions, penalties on withdrawals and IRA contribution deadlines. Learn more at www.mtrustcompany.com.... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, provides significant relief to individuals and businesses affected by the COVID-19 pandemic. The CARES Act also includes provisions that impact Individual Retirement Accounts (IRAs) and other retirement plans. Here are some of the ways the CARES Act impacts IRAs and Retirement Plans. Waiver of Required Minimum Distributions (RMDs) The CARES Act temporarily waives the requirement for individuals over the age of 72 (or who turned 70 ½ before J

Gold IRA Rollovers protect you from Inflation and Recessions. With the market taking a nosedive it’s time to take hold of your wealth and store it somewhere as safe as possible. Ever thought about precious metals? More and more retirees are turning towards gold and silver as they are a secure assets that maintains the wealth you have worked so hard to build. Historically in times of economic turmoil, precious metals thrive. If you’re looking to be proactive in securing the quality of you and your family’s future, consider a gold IRA rollover. To learn more about gold IRAs and what they can do for you, contact either Augusta Precious Metals or Goldco. They have the highest-quality education materials and are not pushy salesmen. 🥇Augusta Precious Metals:🥇 🥇Goldco:🥇 ... ( 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 When it comes to

Craig Silverstein and Dan Hindman discuss how simple enrollment can be in Next-Generation Retirement Plans from Paychex, the largest third-party administrator of retirement savings plans in the country. #Retirement #financialwellness #retirementplanning #EmployeeBenefits... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing As the world of retirement planning evolves, so too do the plans available to individuals. Next-generation retirement plans offer a range of benefits that make them attractive to those looking to secure their future. In particular, easy enrollment is one of the key advantages of these types of plans. Easy enrollment is a process that allows individuals to quickly and easily sign up for a retirement plan. It is designed to make the process of signing up for a retirement plan as simple and straight

retirement planning is a crucial aspect of your financial future. With the variety of investment options available, it can be overwhelming to choose the right one. In this video, we'll be comparing the two most popular IRAs - the Traditional IRA and the Roth IRA. We'll be breaking down the key differences between the two, including the tax implications, contribution limits, and eligibility requirements. Our goal is to help you understand the pros and cons of each option, so you can make an informed decision when choosing the right IRA for your financial goals. So, whether you're just starting to plan for your retirement or already have an IRA, this video is for you. Watch now to take control of your financial future.... ( 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 When it comes to planning for your financial future, there a

I make too much money to contribute to a Roth IRA. Is there something I can do to be eligible to contribute? Roth IRAs have a maximum income limit where you become ineligible to contribute. Brian Leitner sits down with Andreas Scott, managing director & senior wealth advisor at Mariner Wealth Advisors, to discuss strategies to contribute to a 401(k) even if you are over the max household income limit. Brian and Andreas highlight potential concerns with backdoor Roth IRAs, as well as when is the best time to start the process of contributing based on the calendar year. 0:00 Intro 0:20 Strategies to Become Eligible 1:02 Backdoor Roth IRA Process 1:50 Potential Concerns 2:48 Legislation 3:32 More Information 4:25 Outro #RothIRA #RothIRAcontributions #retirement For more information, please visit us online at Subscribe and listen to our podcast, Your Life Simplified Apple Podcasts - Spotify - CONNECT WITH US ON SOCIAL LinkedIn - Facebook - Twitter - Instag

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 anything stated

Free Gold IRA Guide: Thinking of rolling over your 401K to Gold IRA? Let Augusta Precious Metals help. If you're not sure how to proceed, or have been thinking about it and needed more quality information, then join us on a free web conference (one-on-one) with a subject matter expert on Gold/Silver IRA. You must qualify: for $100,000 IRA or 401(k) & Up *This video is for educational purposes only. Augusta Precious Metals does not offer legal, tax, investment, or financial advice. Seek advice from your own attorney or financial professional before opening an account with Augusta. Past performance does not guarantee future results. Precious metals prices are volatile, and you could lose money. Joe Montana is a paid ambassador for Augusta. Augusta reviews are incentivized. Website: BBB "A+": Facebook: LinkedIn: #goldIRA #preciousmetals #retirement... ( read more ) LEARN MORE ABOUT: Precious Metals IRAs HOW TO INVEST IN GOLD: Gold IRA I

Discover the latest changes in retirement savings for 2023, as part of an omnibus spending bill signed by President Joe Biden. Learn about the ability to roll over money from a 529 college savings plan into a Roth IRA, the option for employers to treat employee student loan payments as contributions to workplace retirement savings plans and the introduction of emergency savings accounts. Stay informed and make the most out of your retirement savings with this informative video. #401k #investment #retirement... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing In recent years, the 401(k) retirement savings plan has become increasingly popular as a way for individuals to save for retirement. With the passage of the SECURE Act in 2019, the 401(k) landscape will undergo some of its biggest changes in the coming years. Here is a lo

Converting retirement savings to Roth is typically a taxable event. Learn more - ... ( 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 Converting a traditional IRA to a Roth IRA is a popular move among investors. But it's not necessarily the right choice for everyone. Before making the switch, it's important to understand the differences between the two accounts and evaluate the potential tax implications. A traditional IRA is a retirement savings account that allows you to contribute pre-tax dollars. This means that you can deduct your contributions from your taxable income, reducing the amount you owe in taxes. The money grows tax-deferred, which means you don't pay taxes on the earnings until you withdraw the money in retirement. A Roth IRA, on the other hand, allows you to contribute post-tax dollars. This means that you d

Pulling cash out of your retirement #shorts If you absolutely need to tap into your retirement savings, your go-to source for funds should be your Roth IRA. Here's why... #shorts #RothIRA #moneytips #personalfinance... ( 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/do-this-if-you-tap-into-retirement-savings-shorts/?feed_id=63547&_unique_id=63cf1665b7e84 #Inflation #Retirement #GoldIRA #Wealth #Investing #cashingoutIRA #cashingoutretirement #penaltiesforRothIRAwithdrawals #personalfinancetips #Retirement #retirementsavings #RothIRA #tappingintoretirementsavings #RothIRA #cashingoutIRA #cashingoutretirement #penaltiesforRothIRAwithdrawals #personalfinancetips #Retirement #retirementsavings #RothIRA #tappingintoretirementsavings

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

Do you know how much can you save into your retirement savings accounts? In 2023, those numbers change! It's important than ever to stay on top of these changes so you can be sure you are on track for retirement. Learn what the actual contribution limits are for your IRA, 401(k), and more! CHAPTERS : 0:35 401(k) Plans 1:11 IRA and Roth IRA 2:05 HSA 3:30 What difference does it make? 4:48 How to calculate how much to save. Comprehensive Article on Limits : Read about HSA : We are Financial Design Studio: Michelle, Steve, Rob, and Trevore… a team of financial advisors with a passion to help others design a path towards financial success–whatever that looks like for your life. Part of our job is to teach people about finances so that they can make educated choices with their money. If you want practical knowledge about how to work with the complex processes of taxes, insurance, planning, retirement, or investments, then subscribe! … because this channel is for y

When you end up getting a job through an employer, one of the first things they do is introduce you to a benefits package. This includes a retirement plan . The 3 most common plans are 401k, 403b, & pensions. Pensions are less common than the prior 2, but do still exist. If we are putting pretty much our life savings into these things, we should property know what they are & how they work. You should never invest in something that you do not fully understand. Dont just chuck money at things blindly...... be smart about it. Do your homework. #investing #planning #money #retirement #401k #403b #pension... ( read more ) LEARN MORE ABOUT: Retirement Planning REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/401k-403b-pensions-what-is-the-difference/?feed_id=52872&_unique_id=63a60c64d9f5f #Inflation #Retirement #GoldIRA #Wea

The following are contribution limits to common retirement plans.... ( read more ) LEARN MORE ABOUT: Retirement Planning REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/retirement-plans-contribution-limits-max-contribution-limits-to-retirement-account-ira-limits/?feed_id=52837&_unique_id=63a5fb814e93b #Inflation #Retirement #GoldIRA #Wealth #Investing #401k #401kplan #ira #Retirement #retirementplanning #RetirementPlans #retirementsavings #retirementtips #457Plan #401k #401kplan #ira #Retirement #retirementplanning #RetirementPlans #retirementsavings #retirementtips