Timothy Sumer

It’s hard to believe that we’re approaching the 100th episode of The Guided Retirement Show. But before we release that special episode later this season, we want to reflect on The Guided Retirement Show’s first two episodes. They were released back in 2019 and focused on Roth vs. traditional IRAs. Along with looking back at what all has changed in the tax code that impacts the Roth vs. traditional decision, we need to take a forward-looking approach during this discussion. That’s because there are new tax laws scheduled to start in 2026 after the Tax Cuts and Jobs Act sunsets. There a lot of things that need to be considered when choosing between Roth and traditional. Modern Wealth Management Managing Directors Dean Barber and Bud Kasper and Director of Tax Corey Hulstein, CPA are going to review those considerations. In this podcast interview, you’ll learn: • The Difference between Roth vs. Traditional • Tax Rates Are Scheduled to Go Up in 2026 • Some of the Key Changes...

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...

Investing for our future is something we all know we SHOULD BE doing...yet many of us if we’re honest know we could be doing more. As a matter of fact, according to data from the St. Louis Federal Reserve, the personal savings rate in the United States is a paltry, 5.4%...Yikes! One of the MOST COMMON reasons I find that people are not saving and investing more is simply because they DON’T FULLY UNDERSTAND how various investment vehicles work. We say consistently in our office that “once people have all the facts, they’ll make the BEST DECISIONS for their family.” So I wanted to share this educational video that highlights one of the most common investment vehicles used in America today...the Traditional IRA in the hopes that it will help people better understand how these retirement vehicles work. Please note, this is not a recommendation for using a Traditional IRA - just an overview for educational & entertainment purposes. Before making any investment choices, ple...

This week, Samantha Meiners, Justin Steinbecker, and Aaron Bahr explain how you can use a Traditional IRA for last-minute tax-saving deductions this tax season. A new Tax Tip every Tuesday with Hawkins Ash CPAs. Your tax questions answered in under 60 seconds. Hawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota. #taxtiptuesday #tax #taxseason #shorts... ( 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 Tax Tip Tuesday #SHORTS: Last Minute Tax Saving Deductions - Traditional IRA As tax season approaches its end, many individuals are looking for last-minute opportunities to reduce their tax liability. One effective strategy to consider is contributing to a Tradi...

Frank Finance explains 401k, Roth 401k, 403b, Roth 403b,IRA, Roth IRA, 457b, and 457b Roth retirement accounts. Contribution limits, Roth vs Traditional, Age limits, Early withdrawals, and early withdrawal penalties are discussed. Please Subscribe and click the notification bell to get notified of future content. If you like my content please give me thumbs up, that helps a lot. 4 Steps to Wealth Compounding Interest #retirement #401k #rothvstraditional #ira Frank will be Frank about how to save and invest in order to reach financial independence. Topics will be about Saving, Investing, Stock analysis, and Market news. Frank Finance looks to build up others by providing information that is meant to inform viewers on strategies and techniques as applied to saving and investing. I am not a financial advisor. Not all topics are meant for every viewer and are geared toward education. I am passionate about saving & investing and seek to motivate my viewers, so that t...

Today we are answering your questions about retirement accounts. We discuss SEP IRAs, Roth IRAs versus traditional, 403(b) versus 457(b) and more. We also answer some questions about pregnancy and healthcare and comparing safer investments. We have three guests on today from one of our recommended financial advisors, Personal Choice Financial Advisors. They will tackle a few of your questions to help you get a sense of who they are. This episode is sponsored by First Republic Bank. When you own a professional service business, client satisfaction is your number one priority. So when it’s your turn to be the client, shouldn’t you get the same kind of treatment? At First Republic, you’ll be paired with a dedicated business banker who understands the unique needs of your company and industry. This is the banking partnership you and your team deserve. Visit today to learn more. Member FDIC, Equal Housing Lender. The White Coat Investor has been helping doctors with their money...

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?...

Investing in a Roth 401k vs Traditional 401k is not always an easy decision. To help make the right decision for you, this video goes through what a Roth and Traditional 401k are and takes a look at what could be the better option. Instead of doing basic math to give you an idea, I take a financial planning approach and go through my financial planning software and share the details, looking at what whether your chances of retirement are better with the Roth 401k or the Traditional 401k. *This video is intended solely for entertainment and educational purposes. All content provided are opinions of Eric W. Powell and are not to be considered tax and or financial advice* ☎️ To book a complimentary call with a fiduciary advisor and join the movement to help everyday investors grow their wealth** 0:00 Intro TheFutureMill.com 1:00 Tax Rates 1:20 Roth 401k and Traditional 401k explained 3:25 Employer contribution is tax deferred 4:00 Financial Planning tax deferred...

Learn all about Backdoor Roth IRA's and more here in this video, where we also go over: Saving in Tax-Optimized Accounts Backdoor Roth IRA Contributions Roth Conversion Strategies Question and Answer How would you like to have tax-free income in retirement? Is your income too high to contribute directly to a Roth IRA? Ever wonder if there is another way to get savings into tax-free accounts? Based on IRS Notice 2014-54, retirement plan participants may consider the “Mega Backdoor Roth” strategy as a means to maximize savings in a tax-free account. This strategy allows high-income earners, typically not eligible, the ability to move money into a Roth IRA account. In addition, it allows individuals to contribute substantially more than the standard Roth IRA contribution limit. The savings and tax-free growth can be substantial, especially for those in high tax brackets and those planning to retire prior to age 59 1⁄2. Tax-Deferred vs. Tax-Free So, you’re already saving t...