Timothy Sumer

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

Learn all about #RetiredAccounts - #TaxDeferred accounts, #TaxExempt accounts, #RothIRAs, #TraditionalIRA, #401(k), #403(b). I am going to be going through many different types of retirement accounts, explain their purpose, advantages and disadvantages. Also, I will tell you what my wife and I do when it comes to retirement accounts. Instagram: Twitter: ---------------------------------------------------------------------------------------------------------------------- Use this link to open your account on Webull, and get 2 FREE stocks, valued all the way up to $1,600! Open your Robinhood account using this link and get 1 FREE stock! ----------------------------------------------------------------------------------------------------------------------------- WATCH NEXT: * Gamestop Saga Explained: * Stock Market Basics Explained: * How To Never Run Out Of Money: * How To Get A Perfect 800 Credit Score: * 5 Tips On How To Save Money Fast: ----------------------------

Roth IRAs are amazing for investing for retirement, but many people make mistakes with these accounts. In this video I cover the most common Roth IRA mistakes I've seen. I recommend these companies for opening a Roth IRA: ➝ M1 Finance: ➝ Vanguard: ➝ Fidelity: Mistakes to avoid: 1. Not using a Roth IRA because you already have a 401k. 2. Not actually investing the money. 3. Not maxing out your account for the year. 4. Not contributing for both people if you are married. 5. Taking too much risk with investments. 6. Not considering your tax brackets. 7. Breaking the rules on contributions. 8. Investing before you paid off high interest debt like credit cards. 9. Not keeping your beneficiaries updated. Want more Roth IRA info? Watch more of my Roth IRA 101 videos: Roth IRA rules found here: Roth Savings Challenge plans for weekly and biweekly contributions: Want to say thank you? 🔹 Buy Me A Coffee: 🔹 Venmo/CashApp: @marypennie

The ultimate benefits of a Roth IRA vs. a traditional IRA are subjective depending on the individual and what tax bracket they expect to be in when they reach retirement age. In other words, would you prefer to receive your tax benefits now or after you retire? Since Roth IRA contributions aren't deductible and qualified withdrawals are tax-free, they may ultimately be a better option for those in a relatively low tax bracket at the time of investing. However, if you qualify for the traditional IRA tax deduction and are in a moderate-to-high tax bracket, then the immediate tax savings might be a better tradeoff. As a general rule of thumb, if you expect to be in a lower tax bracket when you retire, a traditional IRA might make more sense. However, if you expect to be in the same or higher tax bracket when you retire, it could be wiser to pony up the tax dollars upfront with a Roth IRA. But again, if you’re unsure of what your financial situation is going to look

The Roth IRA and Traditional IRA are mega boosters to your retirement. -Get One Free Stock -Robinhood- -Life Insurance Quotes- -Budgeting-YNAB- 0:00 -Intro 0:30 -What is An IRA? 2:06 -Rules of an IRA 3:22 -Where To Get an IRA 4:08 -Traditional IRA 7:14 -Roth IRA 10:21 -IRA Warning 11:37 -Which is Best 12:43 -Backdoor Roth IRA 14:34 -BackDoor Roth IRA Drawbacks Contact: For business inquires nate.r.jackson88@gmail.com Tools I use to support the youtube channel: Website Hosting: Domain Registration: Camera: Canon M50 Microphone: Tascam DR-10L When it comes to the Traditional Vs Roth IRA it is a very simple process to start one. What is an IRA? An Individual retirement account is a tax sheltering account that can be used to invest and grow your money for retirement. You must be 59 1/2 in order to withdraw this money. The max that you can input for 2021 is $6,000. This must be earned income. If you make less than $6,000 then you can only put in what you make. If you h

Stewart Welch, III appearing on Fox News discussing the difference between Roth and Traditional IRA's.... ( 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 https://inflationprotection.org/stewart-welch-iii-roth-vs-traditional-ira/?feed_id=42869&_unique_id=637f76d067cc5 #Inflation #Retirement #GoldIRA #Wealth #Investing #FinancialServices #news #rothvstraditionalira #TraditionalIRA #FinancialServices #news #rothvstraditionalira

When you're investing for the future, you may come up against the decision of Roth IRA vs. Traditional IRA. And it's a complicated one too! Lucky for us, I asked Echo Huang to join me to help us decide which is best for each of us. Echo shares the key differences between Roth and Traditional IRA, why you might consider both and how to get started with investing today. Listen and watch to find out how to decide between Roth vs Traditional IRA! CHAPTERS 0:00 - Intro to Echo Huang 1:20 - How to Decide between Roth vs. Traditional IRA 11:42 - Traditional 401k. Go Roth IRA? 13:43 - Investing outside of IRA 16:23 - First Steps for Great New Year #Retirement #Investing #RothIRA #PersonalFinance ABOUT ECHO HUANG Echo Huang left China at age 20 to cross the ocean with nothing but $800 and the hope of achieving the American Dream. Her courage and dedication fueled her journey through the business world over the next twenty years, gaining experience working in financial