Timothy Sumer

Many retirees with IRA accounts are forced to take mandatory distributions. Most simply take their required minimum distributions, pay the income tax, but fail to consider other options. In this video, we’ll explain the 3 options you have to satisfy your mandatory distribution. ❓HOW MUCH DO YOU NEED TO RETIRE? ❓ Take our free RETIREMENT READNIESS QUIZ to find out! 🆓 DOWNLOAD OUR FREE GUIDE: 5 RETIREMENT MISTAKES TO AVOID 🆓 ☎️ SCHEDULE A COMPLIMENTARY INITIAL CALL WITH US ☎️ Call us at (619) 282-3288 or schedule online ✍ SHOW NOTES & RESOURCES ✍ - Show notes: - Smart Retirement Withdrawal: Start with the Best Account (Avoid Common Errors!): 👉 GET WEEKLY FINANCIAL INSIGHTS + ACCESS TO OUR EXCLUSIVE CLIENT MEMO 👈 ✅ LEARN ABOUT HOW WE CAN HELP YOU THROUGH RETIREMENT ✅ Twitter: Facebook: This does not constitute an investment recommendation. Investing involves...

#shorts #retirementplanning #financialplanning Watch here the full video👉 This does not constitute an investment recommendation. Investing involves risk. Past performance is no guarantee of future results. Consult your financial advisor for what is appropriate for you. Disclosures: ... ( 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 A 401(k) rollover is a type of retirement plan that allows an individual to transfer funds from a former employer's retirement account to a new account. This can be beneficial for individuals who are changing jobs or retiring and want to consolidate their retirement savings. However, like any financial decision, there are pros and cons to consider before proceeding with a 401(k) rollover. One of the advantages of a 401(k) rollover is the ability to have more control over your retirement savings...

Most people are unaware the IRS has changed RMD rules again! If you have a tax-deferred account like an IRA make sure you know the new rules. 1. Under the Secure Act, the Required Minimum Distribution (RMD) starting age was pushed back to 72. 2. Another change is now applicable in 2022. This change lowers RMD amounts to accommodate for people living longer. 3. In this post we breakdown what you should know and walk through an example of how this will impact retirees. For More Details and Transcript: Posts mentioned: - New RMD Table: - Qualified Charitable Distribution Strategy: Talk with us about your portfolio or financial plan here: New to investing? Check out our Ignite platform: Twitter: Facebook: This does not constitute an investment recommendation. Investing involves risk. Past performance is no guarantee of future results. Consult your financial advisor for what is appropriate for you. Disclosures: 0:00 RMD changes to know about. 0:37 New RMD c...

Silicon Valley Bank has gone under with Signature Bank following close behind. This has a lot of people worried about their cash. Today we will briefly discuss what’s going on and what to do with your cash and investments, and a free tool to check if you are fully covered by FDIC insurance. 🆓 DOWNLOAD OUR FREE GUIDE: 5 RETIREMENT MISTAKES TO AVOID 🆓 ☎️ SCHEDULE A COMPLIMENTARY INITIAL CALL WITH US ☎️ Call us at (619) 282-3288 or schedule online ✍ SHOW NOTES & RESOURCES ✍ - - - - - FDIC Free Tool: 👉 GET WEEKLY FINANCIAL INSIGHTS + ACCESS TO OUR EXCLUSIVE CLIENT MEMO 👈 ✅ LEARN ABOUT HOW WE CAN HELP YOU THROUGH RETIREMENT ✅ Twitter: Facebook: This does not constitute an investment recommendation. Investing involves risk. Past performance is no guarantee of future results. Consult your financial advisor for what is appropriate for you. Disclosures: 0:00 Overview 0:43 Wh...

Should you take the lump sum or the annuity option on your pension? This can be a difficult question to answer if you don’t know the right questions to ask yourself. In this video, we walk you through key points to consider so that you can make the best possible decision for your future. ✍ Show notes & resources: Pension Benefit or Lump-Sum Payout Calculator: ✅ Learn about how we help people through retirement: ☎️ Free initial call: Call us at (619) 282-3288 or schedule online 👉 Gain access to our exclusive client memo 🛡 Download our complimentary retirement guide Twitter: Facebook: This does not constitute an investment recommendation. Investing involves risk. Past performance is no guarantee of future results. Consult your financial advisor for what is appropriate for you. Disclosures: 0:00 Intro 0:30 Lump sum vs Annuity 1:00 Reasons to consider the Lump-Sum option 2:16 Reasons to consider the lifetime annuit...

How do you get the most out of that wonderful tax-free Roth IRA? Today we’re discussing 3 steps to optimize your Roth IRA as you approach and get into retirement. 🆓 DOWNLOAD OUR FREE GUIDE: 5 RETIREMENT MISTAKES TO AVOID 🆓 ☎️ SCHEDULE A COMPLIMENTARY INITIAL CALL WITH US ☎️ Call us at (619) 282-3288 or schedule online ✍ SHOW NOTES & RESOURCES ✍ - Show notes: - Roth Conversion Video link: 👉 GET WEEKLY FINANCIAL INSIGHTS + ACCESS TO OUR EXCLUSIVE CLIENT MEMO 👈 ✅ LEARN ABOUT HOW WE CAN HELP YOU THROUGH RETIREMENT ✅ Twitter: Facebook: This does not constitute an investment recommendation. Investing involves risk. Past performance is no guarantee of future results. Consult your financial advisor for what is appropriate for you. Disclosures: 0:00 - Intro/Overview 1:29 - 3 steps to optimize a Roth IRA 1:40 - 1. Build your Roth up 2:41 - 2. Deferring Roth withdrawals 3:56 - ...

#shorts #retirementplanning #financialplanning Watch here the full video👉 This does not constitute an investment recommendation. Investing involves risk. Past performance is no guarantee of future results. Consult your financial advisor for what is appropriate for you. Disclosures: ... ( 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 The Roth IRA is a powerful retirement savings tool that can help individuals save for the future in a tax-efficient manner. Unlike traditional IRAs or 401(k)s, contributions to a Roth IRA are made with after-tax dollars, meaning that withdrawals in retirement are tax-free. This makes the Roth IRA an appealing investment option for those looking to minimize their tax burden in retirement. One of the key advantages of the Roth IRA is the flexibility it offers. Unlike traditional IRAs or 401(k)s,...

Retirement accounts & 401(k)s will be getting a BIG boost in limits for 2023 due to inflation. So for those of you nearing retirement, we are going to discuss 3 things you need to think about before you max out your 401(k). ✅ Learn about how we help retirees and schedule a free initial call: ✍ Show notes & resources: 👉 Get free weekly financial insights + access to our exclusive private client memo 🛡 Download our complimentary retirement guide Twitter: Facebook: This does not constitute an investment recommendation. Investing involves risk. Past performance is no guarantee of future results. Consult your financial advisor about what is appropriate for you. Disclosures: 0:00 Intro 0:58 Can you afford to max your 401(k)? 2:03 You Need to Analyze Your Employer Benefits 3:33 Why your tax situation makes a difference 4:38 Why you should still contribute when your 401(k) is losing value?... ( read more ) LEARN MORE ABOUT: 4...

Are CDs are good investment during high inflation? Today we will discuss what to consider, as well as better solutions in the current environment. ✍ Show notes & resource 👉 Get free weekly financial insights + access to our exclusive private client memo 🛡 Download our complimentary retirement guide ✅ Questions? Talk with us about your portfolio or financial plan here: Twitter: Facebook: This does not constitute an investment recommendation. Investing involves risk. Past performance is no guarantee of future results. Consult your financial advisor for what is appropriate for you. Disclosures: 0:00 Intro 0:30 Solutions to beat inflation 1:26 Inflation from 1973 to 1982 1:57 CD rates over time vs inflation 3:50 Baseball can teach us a lot about good investors 4:05 How to take income in a down market 4:26 Cash on hand (even with inflation)... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investmen...

Should you max out your 401(k)? What are the advantages & disadvantages? Watch here for more 👉 #shorts #retirement #401k This does not constitute an investment recommendation. Investing involves risk. Past performance is no guarantee of future results. Consult your financial advisor for what is appropriate for you. Disclosures: ... ( 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 As an affordable way to save for your retirement, your 401k plan can be a valuable tool. But when it comes to optimizing your savings, is maxing out your 401k the best option for you? Before answering this question, it is important to understand what a 401k plan is, its contribution limits, and its benefits. A 401k plan is an employer-sponsored retirement savings account. In this plan, employees can contribute pre-tax dollars from th...