Timothy Sumer

Roth IRA vs Traditional IRA vs 401(k): Why Flexibility Matters (Roth IRA Benefit) Are you saving for retirement? If so, you might have heard about a Roth IRA - but did you know that this type of account offers some unique benefits when it comes to accessing your money? In this video, we'll be talking about how a Roth IRA allows you to make tax-free and penalty-free withdrawals of your contributions at any time. First, let's back up a bit and explain what a Roth IRA is. It's a type of individual retirement account that allows you to contribute after-tax dollars, meaning you don't get an immediate tax deduction for your contributions like you would with a traditional IRA. However, the big advantage of a Roth IRA is that your money grows tax-free, and you won't owe any taxes on your withdrawals in retirement (as long as you follow the rules). But what if you need to access that money before you retire? That's where the flexible withdrawal rules of a

Roth vs Traditional Google Doc: Article referenced in video: 00:00 Intro 00:51 Roth vs Traditional 02:20 Examples 05:40 Similar NOT The Same 06:59 RMDs 07:47 Employer Match 08:40 Income Limits 08:57 Backdoor Roth Some of my favorite books: Camera & equipment I use: Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: Thanks for watching, I appreciate you!... ( 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 Title: "Nearly Everyone Says The Roth Is A Great Investment & Nearly Everyone Is Wrong" | Is This Right? Introduction: The Roth IRA, a retirement savings account, has gained immense popularity over the years due to its potential tax advantages and fl

First established in 1974, the Individual retirement account , or IRA, has since been shaped over the years by several defining acts. While the Self-Directed IRA has been around since the beginning, the Taxpayer Relief Act of 1997 opened the door for the Precious Metals IRA. To learn more, watch today’s episode of “Your Gold Questions | Answered.” Whether your retirement plans are modest or extravagant, a Self-Directed Precious Metals IRA can help you reach these goals. Sign up to download your free Precious Metals IRA information kit which will provide you with important information you should know about diversifying your portfolio: For more information about how you can protect your assets with physical silver and gold, please call: 833-553-5080 Download your free Gold Information Kit here: More information can also be found on our website: ... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Si

I personally like the concept of a Roth IRA, but I've noticed in recent years there has been a lot hype about the Roth IRA being 'one of the best' investment strategies you can make in your 20's. While I believe there is some truth to this statement, it is crucial for every person to do his/her own research before deciding on a type of IRA. I did cash out $1,700 from my Roth IRA (just to test how the process works) as stated in this video. Timestamps: 00:00 Introduction 00:51 What is an IRA 03:15 Cashing out before 59 1/2 06:15 Cashing out after 59 1/2 07:25 Which IRA should you pick 09:16 Do you absolutely need a Roth IRA right now References: 1. IRA Early Withdrawals: Penalties, Exceptions & Options: Fidelity, Fidelity Investments - Retirement Plans, Investing, Brokerage, Wealth Management, Financial Planning and Advice, Online Trading., Accessed: May 5, 2023 2. For Immediate Release Office of the Press Secretary, ://georgewbush-whitehouse.archives

A Roth IRA or Roth 401k is the best retirement investment instrument available. In this video I'll explain the working of a Roth Ira as well as show you how to invest your Roth Ira to maximize your return on investment 💲💰💲 Link to Roth IRA Explained: 💲💹 Cryptocurrency IRA Link. I Trust Capital: 😉✌👌Link to our Discord: ___________________________________________________________________________ Your Stock Investing and Trading Tool Box: Cryptocurrency IRA 💲💹 I Trust Capital: Stock Charting: 😊TradingView: Stock Search and Analyses: 👨‍🏫 StockCard.io is free to use to help you make better investment decisions. However, I recommend upgrading to VIP for unlimited access to all features. Use promo code "bestofus" for an exclusive 10% discount for the Best of Us Investors community: Timely News and Analysis: 👨‍⚖️ Seeking Alpha: 50% Discount Protect Your Computer Data: Get👮‍♂️ Surfshark VPN at and enter promo code INVESTORS for 83%

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

In this video, “Roth vs traditional 401k vs IRA explained”, we’ll walk through the similarities & differences between a 401k vs IRA as well as between a Roth vs. traditional IRA. We’ll also go through how our clients make their decision on whether to put their money in a traditional vs Roth IRA vs 401k & how they decide between a traditional IRA vs Roth IRA. By the end of this video, you’ll see you actually don't have to choose between a Roth IRA vs 401k, a traditional IRA vs 401k or a Roth IRA vs traditional IRA! You can have all three! 401(k) contribution limits: Compound interest calculator: Roth & IRA contribution limits: Info on modified adjusted gross income: WATCH NEXT ⭐ 2022 November I-Bond Rate Prediction: ⭐ How To Buy An I Bond (step-by-step tutorial) via TreasuryDirect: ⭐ How Is I-Bond Interest Formula Calculated & When Does It Show Up In Your Account: ⭐ How To Buy More/ Gift I Bonds (For Spouses & Married Couples): #jennifer

When is the best time to withdraw from a Roth IRA? What age can you withdraw from a Roth IRA? Is there a penalty or tax for withdrawing early from a Roth IRA? What is the 5-year rule for a Roth IRA? Let's answer all these questions on Kyle Talks Money. ✅ Subscribe for More Videos: ***NOT FINANCIAL ADVICE. DO YOUR OWN RESEARCH*** ✅ Audible 30-Day Free Trial: (Affiliate) ✅ Follow on Instagram: ============================== ✅ Want to advertise your business, service, or product on screen in future episodes? Email me at (kyletalksmoney@gmail.com) Music on YouTube: The Thought of You by TrackTribe #RothIRA #RetirementInvesting #KyleTalksMoney Video Disclaimer: The content in this video and on this channel are for educational and entertainment purposes only. This video doesn't constitute financial advice of any kind. All opinions are my own. Affiliate Disclaimer: Some of the links may be affiliate links and that means if you make a purchase on those websites

Traditional IRA vs Roth IRA vs 401k (Which One Makes the MOST MONEY) Retirement accounts can be so confusing to understand but preparing for your retirement is extremely important. Afterall, this is the money you are going to use to live off of once you stop working and once you can finally relax and enjoy your life! This video outlines the 3 main types of retirement accounts that you probably always hear about - traditional IRA, Roth IRA and a 401....once you finish this video you will have a better idea of what these are and you will be better informed to make a decision on what to open up and whats best for you. Disclaimer: This is NOT financial advice and is only meant to be used for educational purposes... ( 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 https://inflationprotection.org/traditional-ira-vs-roth-ira-vs-4

A quick demonstration of the power of compound interest and how starting a Roth IRA early can help you become a millionaire. Reminder: you must be 59.5 years of age before you can withdraw from a Roth so keep that in mind. Thanks for watching! Subscribe Compound Interest Calculator Used in This Video: Disclaimer: Do not invest your money without doing your own due diligence. Make sure you invest because YOU want to. Do NOT invest simply because of a video. Investments can lose money. What Stuff Do I Use? Golf Ball: Golf Tees: Alignment Sticks: Range Finder: Groove Cleaner: More Golf Videos: Instagram: #golf #golftips #golfswing For Business Inquires Only: corygolfsvideos@gmail.com DISCLOSURE: Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CON

Learn all about the Roth 401K from Sean Mullaney (The Fi Tax Guy), and teach your kids how to meal plan in a fun and interactive way through Dani's curriculum! Listen to the episode here: Enjoy the video? Consider subscribing to our channel, it really helps us out! And it’ll make sure you never miss another video ;) SUBSCRIBE: WATCH NEXT ► Popular Videos: FAVORITE VIDEOS ON CHOOSEFI TV: ►MOST POPULAR VIDEOS: ► Other PLAYLIST: ► ANOTHER PLAYLIST: The Financial Resilience Toolkit: ►Earn $600 on Cashback: Save On Existing Loans ►Slash Your Student Loan APR: ►Refinance Your Mortgage: ►Consolidate Your Debt: Save on Living Expenses ►Lower Your Cell Phone Bill: ►Save on Home Insurance: ►Save on Auto Insurance: Save & Invest ►Open a High Yield Account with CIT: ►Dollar Cost Average with M1 Finance: ►Open an HSA Account: Financial Emergency Prep ►Open an Emergency Fund: ►Get Your Documents Ready For Emergencies: ►Get More for Less on

The Secure Act passed in 2019 and has some big implications for tax planning specifically when it come to passing on generational wealth. For year the stretch IRA has been a planning staple. A way for kids, grand-kids, etc to minimize the tax implications of inheriting a large sum of qualified retirement account money. Starting in 2020 the rules around inherited IRAs will change drastically. Now more than ever, ROTH conversions ans properly structured cash value life insurance policies should be considered as part of your overall retirement and estate planning strategy. To see our views on retirement planning check out our free course: Have other questions: Book a Time to chat here: OR Send us your question here: ... ( 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/secure-act-tax-changes/?feed_id=5044

Take a deep dive into the difference between a Traditional vs ROTH 401(k) or IRA. This video gets into the specifics of what you need to know to make an informed decision as well as a detailed example of the tax benefits of both. Take the next step in empowering yourself to have a secure financial future! Enjoy! - LINKS - (When available, we use affiliate links and may earn a commission) COLLEGE SCHOLARSHIP RESOURCES: Debt Free Degree by Anthony ONeal: Ultimate Scholarship Book 2021: FREE Scholarship Prep Bundle: MONEY RESOURCES: Total Money Makeover by Dave Ramsey: Financial Peace University by Dave Ramsey: Chris Hogan R:IQ tool: Everyday Millionaires by Chris Hogan: The Simple Path to Wealth by J L Collins: FREE Money Management Template: PERSONAL DEVELOPMENT RESOURCES: UNSTOPPABLE by Tracy Timm: BUSINESS RESOURCES: VidIQ YouTube Optimization: ConvertKit Email Marketing Solution: - TIMESTAMPS - 00:00 What's the Difference between Traditional and ROTH?

Your Roth IRA is the best place to start investing. [How to start investing. Stock market for beginners. Roth IRA. Investing for beginners. What is a Roth IRA] 📈 WEBULL 4 FREE STOCKS: 🤑 COINBASE [BUY AND TRADE CRYPTO] FREE $10 IN BTC: 🤑 GEMINI [BUY AND TRADE CRYPTO] FREE $10 IN BTC 🤑 BLOCKFI [EARN INTEREST ON CRYPTO] FREE $10 IN BTC: 💸 GUSTO PAYROLL [FREE $100]: 📊 PATREON: 👕 MERCH: --------------- 📒 Show Notes: ► Roth IRA Calculator: --------------- 👋 Connect With Us: 👭 FPT WEBSITE: 💌 INSTAGRAM: 👯‍♀️ TIKTOK: 🐦 TWITTER: --------------- 📘 Recommended Books: ► Money Mindset: ► Tax Tips: ► Personal Finance: --------------- 📸 Our Equipment: ► Nanoleaf Hexagon Lights: ► “Hello” Neon Sign: ► Camera: ► Camera Lens: ► Camera SD Card: ► Lights: ► Softbox: ► Boom Microphone Kit: ► Prop Money: --------------- DISCLAIMER: Monique Nguyen and Laura Saldana, including but not limited to any guests appearing in their videos, are not financial/investmen

Watch This If You Invest Inside a ROTH IRA #rothira On January 2023 the government will be increasing the contribution limit of the roth ira from $6000 dollars to $6500 dollars. This is a huge deal and this is what it means for you A roth ira is a special tax-advantaged retirement account where you can invest up to $6000 dollars of after-tax money each year. The biggest benefit of a roth ira is that your contributions and your earnings on those contribution can grow tax free and be withdrawn tax free after age 59.5. In other words, you pay taxes on the money going into your roth ira, and then all future withdrawals are tax free. The big news here is that starting in 2023, the contribution limit will be pushed up $500 dollars to $6500 a year. Will you be maxing out your roth ira next year? Don't forget to Like, Comment, and Subscribe if you haven't already! I appreciate every single one of you :) Click to Subscribe to Masterpiece Finance 👉 Peace!... (