Timothy Sumer

Rebecca Hotsko chats with Brian Martucci. In this episode, they discuss how to invest in the most tax advantaged way, what are the different types of tax advantaged accounts and how to decide which to contribute to each year, which types of securities you should hold in each account, how to determine if you should buy life insurance, how to use life insurance as an investment and when you should consider this, what kind of returns you can expect from using life insurance as an investment, and so much more!    Brian Martucci is a Finance Editor at Money Crashers where he writes about investing, credit cards, banking, insurance and other personal finance topics.  IN THIS EPISODE, YOU’LL LEARN: 00:00:00 - Intro 00:01:43 - What the differences between a Roth and Traditional IRA are 00:05:39 - How to decide which account to contribute to each year 00:26:17 - Which types of securities you should hold in each account 00:30:01 - When a Millennial may want to consider buying life in

Are you a high school or college student with "paycheck" income? If so, you need to open a Roth IRA. Your future self will thank you, especially because of the Rule of 72. 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 - ​ Twitter - ​ Instagram - Want more Wise Money™? Read our blog! ​ Listen on Podcast: ​ Subscribe on YouTube: Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a

A MEGA backdoor Roth? YES! You heard that right. Investors can contribute more than $60,000 per year with this game-changing strategy. Super Charge your Roth accounts. For more info make sure to check out DirectedIRA.com The Directed IRA Webinar series is an educational resource provided by Directed IRA & Directed Trust Company Directed IRA has helped thousands of self-directed investors and has processed over half a billion in self-directed transactions. It is the highest-rated self-directed IRA custodian based on verified google reviews and takes pride in providing knowledgeable and helpful service to its customers. Self-directed accounts can be fully opened within 5 minutes using Directed’s online e-sign application. The Self-Directed IRA Summit is an annual educational event (1 ½ days) providing live self-directed IRA education and networking and is hosted by Directed IRA. You can buy the recording of prior years at Mat Sorensen’s book, The Self-Directed IRA H

Is Your Roth IRA a Savings Account? |Roth IRA vs Savings Account | Use Your Roth IRA as a Savings? A Roth IRA is a type of investment account that allows you to invest money for retirement. Contributions to a Roth IRA are not tax-deductible, but distributions (money taken out of the account) are tax-free, provided you have had the account for at least five years and are over 59½ years old. Savings accounts, on the other hand, are savings vehicles that offer a very low rate of return and guarantee your principal (the amount you deposited). Withdrawals from a savings account may be subject to federal income taxes and a 10% early withdrawal penalty if made before age 59½. ----- Join the members only group at: ----- Follow me on: #BreadCrumbs DISCLAIMER: This information is intended for the purposes of education only. This content is not a solicitation to buy or engage in any securities transaction. BuildingBread nor Kevin L. Matthews II is responsible for any loss

Traditional IRA vs. Roth IRA: The Most Commonly Overlooked Consideration, why this choice can drastically alter your retirement ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- How should I spend my money? This is a question often asked. How do people become rich? Do I need to be born rich? Do I need to be smart? Well educated? Do I have enough money to invest? Is it too late to save for retirement? The key to becoming rich is to spend your money on ASSETS. MoneyMakers is a channel devoted to discussing techniques on building wealth through assets to make your money make you more money. MoneyMakers is not a registered Investment Advisor. We do not and will not provide personalized investment advice. Any investment questions should be directed to a qualified, licensed, or professional f

Want to max out your Roth IRA this year? This challenge will help. Invest $6,500 Or $7,500! Savings Challenge ➝ This challenge bundle will help you keep track of your Roth IRA contributions during the year to max out this important investment account. There are 14 different options included in this money savings challenge. Watch my Roth IRA 101 videos➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ RECOMMENDED*: ⭐️ M1 Finance (Investing app) ➝ ⭐️ Rakuten (Cash back app) ➝ ⭐️ Fetch Rewards (Receipt scans app, $2 referral code, MV7RR) ➝ ⭐️ Amazon Favorites: ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ CONTACT ME: 🔹 Website: 🔹 Shop: 🔹 Instagram: 🔹 Amazon: WANT TO SAY THANK YOU? 🔹 Buy Me A Coffee: 🔹 Venmo/CashApp: @marypennies $marypennies SEND ME LETTERS: Mary P.O. Box 240981 Memphis, TN 38124 ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ **The information provided should not be relied upon as investment advice or recommendation

Toby Mathis answers your questions during Tax Tuesdays a bi-weekly webinar event at 👉 *~ Claim Your FREE 45 min Strategy Session NOW! 👉 Q: Can you trade within a Roth IRA or an LLC account with an EIN number? 🚀 Ready To Take Your Business To The Next Level & Get A Detailed Risk Assessment To Help Protect Your Personal and Business Assets From Lawsuits? --------------------------------------------------------------------------------------------------------- SUBSCRIBE ~~~~ FREE REAL ESTATE INVESTMENT STRATEGY SESSION Claim Your FREE 45-minute Investment Strategy Session to receive business planning tips and asset protection. 👉 FREE TAX & ASSET PROTECTION WORKSHOP Learn about Real Estate & Asset Protection from Clint Coons, Esq, and Toby Mathis, Esq. at our next all-day free Livestream from 9 am to 4 pm PT. on Saturdays. Our attorneys and specialists will answer ALL questions: Save Your Seat: TAX TUESDAY LIVE Toby Mathis, Esq. and Jeff Webb, CPA

In this video, I'm talking about 7 Roth IRA mistakes. These are common mistakes when investing in the Roth IRA but not talked about enough. A Roth IRA is a great retirement planning account when used correctly. If you have questions about the Roth IRA let me know in the comments below. ///////////////////////////////////////////////// Get answers FASTER... Join this channel to get access to perks: Chat on discord: Join Link Support on Patreon: ----------------------------------------------------- Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. START HERE Our financial planning process is an ongoing relationship because as you grow, your financial plan grows with you. At Sickle Hunter Financial Advisors, we believe that saving and making sound financial decisions will help improve your life’s changing needs and objectives. Retirement, colleg

Top 5 Benefits of a Roth IRA Top 5 benefits of a ROTH IRA are so important to understand. A ROTH IRA is by far one of the most powerful investment vehicles you can use to build wealth. A ROTH IRA is a type of retirement account but differs from a traditional IRA and 401k in the way that it is taxed. With a ROTH IRA you are funding your account with after tax dollars, like the money from your pay check that you have already paid taxes on. This enables you to get tax free income in retirement. For example, let’s say you fully funded your ROTH IRA every year for 40 years you would have $220,000. Now let’s say that money was invested and grew to $800,000 when you go to retire you would withdraw the entire $800,000 without owing any taxes on it. In contrary to a 401k if you funded for the same amount of $220,000 and it grew to $800,000 you would owe taxes on that $800,000 at about 15% (if not higher in the next 40 years) paying $120,000 to the government in taxes. Do you see n

I started getting serious about my Roth IRA about a year ago - but that didn't stop me from making a costly mistake this year. I'm breaking down my Roth IRA strategy and the mistake that cost me thousands! 00:00 - Intro 1:20 - My Roth IRA Strategy 4:28 - My Roth IRA Holdings & Allocations 9:48 - My Roth IRA Mistake 11:07 - My Roth IRA Portfolio Reveal 🚨 Subscribe to the channel: 🚨 ••••••••• 📈 Start investing on the platforms below for FREE stocks & more: ⬇️ BEST PASSIVE INVESTING BROKERAGE ⬇️ 🥧 Get $50 on M1 Finance (with any deposit): 🐂 Get 2 FREE Stocks on WeBull (w/ $100 Deposit): 🌽 Get $40 in BTC on Celsius Network & Earn 6.2% Interest (with $400 Deposit): 💎 Get $10 in BTC on Gemini + Low Trading Fees/Free Withdrawals (just trade $100): 📹 Interested in camera stuff? Here's the equipment I use to shoot my videos: ••••••••• Since I’m only 25, I am willingly taking on a little more risk in my portfolio, because I’ve got near

Roth IRAs are your friend in retirement. Taxable brokerage accounts are your next best friend. Traditional, deferred accounts are NOT your friend.... ( 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 retirement planning , many people consider Individual Retirement Accounts (IRAs) as the best option for long-term savings. While IRAs are a great way to save for retirement, there are several advantages to using taxable accounts. Taxable accounts allow for greater flexibility, more options, and potentially more tax savings. Flexibility: Taxable accounts offer more flexibility than IRAs. With a taxable account, you can withdraw funds at any time without penalty. This allows you to access the money for emergency expenses or other short-term needs. IRAs, on the other hand, have strict rules about when and how much you can withdr

This is a rather poor explanation of the differences between a Roth IRA and a Traditional IRA. Luckily there are better videos on our channel that do a much better job then Dustin did on this video. To give him some grief tweet him @JazzWealth We are a wealth management firm that works with those that are just getting started, or have 10+ years until retirement For more information call us at 727.492.0314 or visit www.JazzWealth.com Facebook Investment related questions 📧 Dustin@JazzWealth.com Business Affairs 📧Carolyn@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 When it comes to planning for retirement, one of the most important decisions you can make is which type of retirement account to use. Two of the most popular retirement accounts are Roth IRAs and Traditional IRAs. Both of these accounts can help yo

We help our clients with Roth IRA conversions all the time and maybe you're thinking that converting to a Roth is good for you. Before you do that conversion here are a few things you may want to consider. 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: www.JazzWealth.com --- 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 considering converting some of your retirement savings into a Roth IRA, you’re probably wondering if it’s the right move for you. A Roth IRA conversion can be a smart financial move, but it’s not for everyone. Here’s what you need

Part 2: Do Not Make This HUGE Mistake In Calculating your ROTH IRA Contribution in 2023 | retirement planning Today’s episode is a Suze School packed with everything you need to know about the changes to contribution limits in Roth IRAs and how you can calculate the changes in modified adjusted gross income to be able to contribute to your Roth IRA. Get out your Suze notebook and remember, you can replay this episode as many times as you need. DISCLAIMER: The content and materials featured or linked to on Financial Revolution are for your information and education only and are not attended to address your particular personal requirements. The information does not constitute financial advice or recommendation and should not be considered as such. roth ira financial planning iras principal 401k backdoor roth ira vanguard roth ira traditional ira fidelity roth ira certified financial planner mega backdoor roth voya retirement best roth ira accounts custodial roth ira be

In today’s video we will discuss the 5 Year Rule of the Roth IRA, and what it means to you and your retirement savings. Mentioned Video: ✅ SUBSCRIBE to NOT being a transaction ever again... ✅ Like us on Facebook! ✅ Follow us on Twitter! ✅ Check out our site for more tips A Roth IRA is an individual retirement account where your investments grow tax-free into retirement. It is funded with after-tax money. You choose your investments, and when you retire, your withdrawals are tax-free, if you meet the 5-year rule. If you don’t meet this rule, you could end up paying a 10% penalty and taxes on your earnings. The main rule you need to follow is what is called the 5-Year Rule for Tax-Free Withdrawals from a Roth IRA. It will come into play when you withdraw your earnings from your Roth IRA. (Not your contributions as they are always free from penalty and taxes since you deposited after-tax money into the Roth) If you withdraw your earnings: Your earnings will be tax-free