Timothy Sumer

What is a Roth conversion and why should you consider it? The ultimate goal is a tax-free retirement. All qualified Roth distributions are free of taxes. Of course, retirement funds can't escape the tax man altogether, so when you convert traditional, pretax funds to Roth, you will owe taxes. On this episode of Adam Live, IRA Financial founder, Adam Bergman, Esq. will discuss what a Roth conversion is, how to perform one, and the rules you need to be aware of. He will also explain why and when you should consider doing one. Join us LIVE on Thursday, September 21st at 1:00PM EDT! *please note the date change* -- Learn more: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created I...

If you’re considering a Roth conversion or have already converted your Traditional TSP to a Roth IRA, there are some critical things that you don’t want to ignore. In this video, we share 4 things that are commonly overlooked, which can oftentimes have a negative impact on your taxes and retirement benefits. Have a question about Roth Conversions, Federal Benefits, or retirement planning ? Post in the comments section or contact us at: Are you seeking a financial planner who specializes in working with federal employees? Schedule a free consultation at: Connect with Fedway Financial on Social Media: Connect with Jerel Harvey on Social Media: #TheMoneyBriefing #RothConversion #ThriftSavingsPlan Music provided by LAKEY INSPIRED – Chill Day Disclaimer: All content on this site is for general information purposes only and is not intended to provide any personalized financial advice.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA TO GOLD: Gol...

Twelve Tax Tips of Christmas Why you should convert our 401k or Traditional IRA into a ROTH IRA. FOLLOW CHRISTIAN: Instagram: Business: Films: This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future. #taxes #finance #investments... ( 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 end of the year approaches, it's time to start thinking about year-end tax planning. One strategy to consider is the backdoor...

Today we're looking at the taxes in a Roth IRA conversion and focusing on the opportunity given all that has happened in 2020. The opportunity to convert some or all of your traditional IRA to a Roth IRA is greater than ever seeing how many feel that taxes are likely headed higher. Let's dig into the idea of lowering future taxes with a Roth IRA conversion this year. 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. ---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 Roth IRA taxes and conversion strategies are important topics to consider when p...

In a backdoor Roth conversion how are gains taxed using the pro rata rule? I'm going through an example and explaining how gains are taxed in the pro rata rule. ///////////////////////////////////////////////// Get answers FASTER... Join this channel to get access to perks: ----------------------------------------------------- The Incredible Penny Get investment or financial planning advice START HERE TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP® CERTIFIED FINANCIAL PLANNER™ Company Website: twitter: @travissickle Instagram: Facebook: LinkedIn: Sickle Hunter Financial Advisors 1646 W Snow Avenue Suite 144 Tampa, FL 33606 Check out Google Business Profile ------------------------------------------------------- Gear Used in Videos Income Protection: You have a 1 in 4 chance of becoming unable to work due to disability. Your Breeze Disability Insurance policy will replace part of your lost income if and when you need it. Apply here Partnership refer...

A Roth IRA offers several tax advantages when you start withdrawing your retirement savings. It's why many people planning for retirement might benefit from a Roth conversion. This is the transfer of funds from a traditional IRA to a Roth IRA. But there are rules. For example, Roth IRAs have income limits. Fortunately, a backdoor Roth IRA is a type of conversion that allows people with high incomes to fund a Roth despite those IRS income limits. This video provides insight on how Roth conversions and backdoor Roth contributions work to help people determine if these strategies make sense for their retirement plan. Subscribe to @Under the Buttonwood Tree here: To learn more about financial planning and retirement, visit: Contact us about your portfolio or financial plan here: Facebook: Twitter: LinkedIn: #rothconversion #backdoorroth #rothira... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA TO GOLD: Gold IRA Account CONVERT IRA TO SILVE...

In This video, Troy Sharpe, CFP® discusses the Roth Conversion Strategy, was provided directly to clients of Oak Harvest Financial Group and intended only for their use. It is presented here for informational purposes only. The tax strategies discussed may not be right for your personal situation and this video should not be taken as tax advice. Consult with a financial or tax professional before undertaking any new tax strategy. retirement planning Roth Conversion The tax reform that made it through congress in January of 2018, known as the Tax Cuts and Jobs Act of 2017, created potentially excellent opportunities to strategically plan for Roth Conversions. Not only have income tax rates been lowered, but tax brackets have been widened. This means that individuals can now take more money out of IRAs and pay less in taxes when compared to prior years. Navigating the impact of taxes on retirement requires a thorough knowledge of the tax code and a deep understanding of t...