Timothy Sumer

Sources: FINANCIAL FOUNDATION: The Building Blocks for Success with Rick Blanke, AIF®, Financial Advisor Blanke Schein Wealth Management Stay informed. Subscribe to our YouTube channel Have questions? Contact me at Subscribe to our Blog for Wealth & Wellness Articles Blanke Schein Wealth Management, a Hightower Company, is Committed to the Fiduciary Standard. We are a dedicated team of professionals who are passionate about serving our clients for the long haul. Our financial advisors have a concentrated focus in trans generational wealth, helping to preserve family legacies, building to a comfortable retirement, and of course, accumulating and protecting wealth with long term portfolios. We care about your family, maybe it’s time you meet ours. Visit Our Website: Follow Us Securities offered through HighTower Securities, LLC member FINRA/SIPC. HighTower Advisors, LLC is a SEC registered investment advisor. HighTower Advisors do not provide tax or l

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

Tax and IRA expert Ed Slott on when conversions can result in the greatest tax savings—and what to know before you execute them. 00:00 Introduction 00:34 Why would someone want to convert traditional IRA balances to Roth? 01:54 Taxes during a Roth IRA conversion 03:17 When should someone not convert to a Roth IRA? 06:10 Are there any life stages that are best to convert to a Roth IRA? 07:45 What documentation do you need to prove you have done a conversion? 09:10 Do you file your 1099? What to watch from Morningstar. If You Haven't Taken RMDs Yet in 2022, Watch This Video Retiring Soon? Make Sure to Check Your Asset Allocation When's the Best Time for a Roth IRA Conversion? The Best Way to Save for College Read what our team is writing. Christine Benz Follow us on social. Christine Benz on Twitter: @Christine_Benz Facebook: Twitter: Instagram: LinkedIn: ... ( read more ) LEARN MORE ABOUT: IRA Accou

This is a video explaining the differences of a Roth IRA and a Traditional IRA. In this video we also cover a little about 401k plans and explain the benefits such as the tax benefits and disadvantages such as the difficulty of withdrawing money. ... ( 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 retirement planning is an important part of financial planning. There are many different plans available to help individuals save for their retirement. Roth IRA, Traditional IRA, and 401K plans are three of the most popular options. Each of these plans has its own unique set of rules, advantages, and disadvantages. Roth IRA A Roth IRA is an individual retirement account that is funded with after-tax dollars. Contributions are not tax-deductible, but all earnings are tax-free when withdrawn in retirement. There are income limits for Roth

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

Traditional IRAs are a great retirement planning tool for many U.S. taxpayers. Traditional IRAs allow taxpayers to contribute funds to a retirement account , where the investment earnings will grow tax-deferred until the individual turns 65 and starts to draw retirement distributions from the account. A traditional IRA can be created by any U.S. person, regardless of income limits, or whether the person is already covered by a retirement plan at work. What individuals need to be mindful of is the deductibility of their contributions. View our video on Roth IRAs: Purchase our tax guides and tutorials here: Check out our website for more posts: Need more help? Schedule a consultation: Follow Jason here: Twitter: Instagram: TikTok: LinkedIn: Patreon: Quora: #IRS #IRA #TraditionalIRA DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor

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

WHEN TO USE A TRADITIONAL IRA When should you use a traditional IRA? A Traditional IRA is more appropriate for people who will be in a zero or very low tax bracket when they retire. They get the benefit of the tax deduction upon contribution and no taxes upon withdrawal. If you do not foresee the need to draw on your IRA in retirement then you will also want to fund a Roth IRA. SUBSCRIBE - II FINANCIAL PLANT II... ( 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 , a traditional individual retirement account (IRA) is one of the most popular options. A traditional IRA is an account that allows you to save for retirement on a tax-deferred basis. This means that you don’t have to pay taxes on the money you contribute to the account until you withdraw it in retirement. A traditional IRA can be a goo

There are two main types of IRAs, the Traditional and the Roth. The Traditional IRA allows you to contribute money that has not yet been taxed. This is considered pre-tax income. A Roth IRA is where you contribute funds you’ve already paid taxes on. This video talks about how these two differences can affect you. ⏱ Time Stamps: 00:00 Intro 00:56 Tax Differences 01:53 Early Withdrawals 03:26 Required Minimum Distributions (RMDs) 04:17 Income Limits 05:15 Tax Free Growth 05:53 Deadlines and Limits 06:17 Which is best for you? 07:11 Outro #TheWealthWorkshop #personalfinance "If you're looking to build your wealth mindset, come on into the workshop!" ▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂ What we use to track and build our wealth: ► M1 FINANCE Open an account and start investing: ▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂ ➤ CONTACT (for business inquiries only): thewealthworkshopofficial@gmail.com DISCLAIMER: None of this is meant to be construed as investment advice. We are not financial advisers. Th

Let's explore the similarities and differences of a Roth IRA vs Traditional IRA. The biggest difference between a Roth IRA and a traditional IRA is how they are funded. Contributions to traditional IRAs are tax deductible, but distributions in retirement are taxable. In comparison, contributions to Roth IRAs are not tax deductible, but the withdrawals in retirement are not considered income and therefore will not be taxed. Videos: 🔴Roth IRA Explained: 🔴Roth IRA vs Brokerage Account 🤑Investing Videos: All of my videos are strictly personal opinions. Please make sure to do your own research. Never take one person's opinion for financial guidance. My videos ARE NOT financial advice. Some of the links on this channel are affiliate links, meaning, I may earn a commission if you click through and make a purchase or subscribe.... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver I

Did you know you can use a Roth IRA to avoid taxes? Well you can. Roth IRAs are popular tools to avoid paying taxes on the growth of your money. Of course there are rules you have to follow to get this preferred tax treatment. In this video I'll show you exactly how Roth IRAs work and how you can use them for avoiding taxes and building wealth. If you have any questions please leave a comment below or contact me through our website here. 702-660-7000... ( 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 https://inflationprotection.org/how-a-roth-ira-works-details-and-regulations/?feed_id=65577&_unique_id=63d6f5f2cb48e #Inflation #Retirement #GoldIRA #Wealth #Investing #howaRothIRAworks #howanIRAworks #IRAs #IRAsexplained #RothIRA #rothiraexplained #rothirarules #rothiravstraditionalira #RothIRAs #BackdoorRothIRA #howaRothIRAworks #

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

What’s better than watching videos from Alanis Business Academy? Doing so with a delicious cup of freshly brewed premium coffee. Visit www.lannacoffeeco.com and get free shipping on your online order. Subscribe to Alanis Business Academy on YouTube for updates on the latest videos: Help us learn more about your experience by completing this short survey: An individual retirement account or IRA for short is a type of investment account that serves as a vehicle for purchasing a variety of investments in order to save for retirement. There are two types of IRAs: Traditional and Roth. Traditional and Roth IRAs differ mainly in how and when your money is taxed. In this video, you'll learn about the benefits of an IRA as well as some of the important differences that may influence your choice of IRA.... ( 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

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?

What is the difference between taxable and retirement accounts? I discuss about the advantages and disadvantages of these three separate accounts (Taxable, Pre-Tax, Post-Tax) and when you actually get taxed. I plug in a rough estimate for these scenarios to see where you come out ahead. Want to open a Roth IRA or traditional IRA? M1 Finance: Already have a retirement account and you want to open a taxable account? Robinhood: ----------------------------- 🙌 Support the Channel 🙌 ----------------------------- If you enjoy my content and want to show a small way to express gratitude, why not Buy Me A Coffee to support this channel! ----------------------------- 💸 Personal Finance 💸 --------------------------------- Get a free stock with Robinhood! 👉 Join Motley Fool Stock Advisor ($99) 👉 Join Motley Fool Rule Breaker ($99) 👉 Note: The great thing is that Motley Fool also gives you the option to cancel your subscription within 30 days if you don't com