Timothy Sumer

Guest, Dan Kravitz, President of Kravitz Inc. and co-author of "Beyond the 401K", explains what the cash balance retirement plan is and it's benefits. The qualifications and who qualifies for it. Hosted by Fred Arnold OTR_Kravitz_C Jan11.m4v... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing What is a Cash Balance Retirement Plan: Insights from Dan Kravitz retirement planning is an essential aspect of financial management, allowing individuals to secure a comfortable and worry-free future. As retirement approaches, many people are exploring various retirement plan options to maximize their savings and generate a stable income stream. One such option is the Cash Balance Retirement Plan, which has gained popularity in recent years. To shed light on the intricacies of this retirement plan, we ...

Gina Buchholz of 401k Plan Professionals provides a brief overview on the tax benefits and advantages of having a 401k.... ( 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 A 401k is a popular retirement saving plan funded by employers, allowing employees to save their money while enjoying the tax benefits that come with it. While saving for your retirement, a 401k plan offers you several tax advantages that can help you achieve your retirement dreams. One of the most significant tax benefits of a 401k plan is its tax-deferred nature. This means that contributions made to the plan are tax-deductible, reducing your taxable income by the amount you have saved. For example, if you earn $100,000 per year and contribute $10,000 to your 401k plan, you will only pay taxes on $90,000 of your income for that year. Additionally, any growt...

Discover more advantages to using a self-directed IRA for real estate investments: - There are many reasons you should use a self-directed IRA (individual retirement account ) to purchase real estate. From a tax standpoint, when you use your retirement funds to make an investment, generally all income and gains from the transaction is tax-deferred or tax-free in the case of a Roth IRA. Additionally, with retirement money, you can use leverage for the asset - you can take a portion of your IRA money and combine it with a nonrecourse loan to purchase an asset worth more and hopefully generate greater returns. - Subscribe to our channel: - Adam Bergman founded IRA Financial Group and IRA Financial Trust. Prior, he was a tax attorney at some of the largest law firms in the country, including White & Case LLP. He’s written 7 books on the taxation of Self-Directed IRA and 401(k) plans and is a frequent contributor to Forbes.com as well as a member of the Forbes Finance C...