Timothy Sumer

IRA Financial's Adam Bergman provides helpful tips for buying real estate in a Self-Directed IRA LLC. -- Learn more about the Real Estate IRA: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions. IRA Financial Group is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm. IRA Financial Group does not provide legal services. No attorney-client relationship exists between Client and IRA Financial Group, its management, salespersons or IFG’s

Mark Kohler, senior tax advisor at TaxSlayer, discusses if you should file taxes jointly or separately if you are married. Married filing jointly is generally better than filing separately. You get the dependent care expense, the adoption expense, and double the standard deduction. Instances when filing separately pays off: when you and your spouse make the same amount of money. Some itemized deductions are more beneficial on a personal level.... ( 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 Marriage brings a multitude of financial decisions, and one of the most prominent ones is filing taxes. As a married couple, you have the option to file your taxes jointly or separately. Both approaches have their advantages and disadvantages, so it's essential to carefully evaluate which option best suits your financial situation. Let&#

In this week's Hidden Wealth Reviews, I teach what you can do to remove yourself from the waste of Washington and the Wall Street whipsaw. This week, the Federal Reserve hinted they wouldn't raise interest rates. The market rallied in anticipation of this announcement. When the actual announcement was made, the market dropped, giving back three times the gains it had just made, all due to the wording used in Fed Chairman Powell's statement. If you're within five years or less of retirement or if you're just tying to get better through retirement, I want to teach you how to avoid the whims of Wall Street and the Washington tax waste. To learn how, register now for this coming Tuesday's Tax Protecting Your Retirement webinar. I read a recent article in Forbes that revealed how many people with significant IRA assets are leaving a lot of money on the table by letting the IRS and Congress determine their IRA strategies. The article discussed the importa

What is a Backdoor Roth IRA and how should I set it up? Money Not Math 145 When should you avoid this strategy? What makes a backdoor Roth IRA Different? Do you pay taxes on backdoor Roth IRAs? Are backdoor Roth IRAs worth it? How much can I contribute? What are alternatives to backdoor Roth IRAs? Podcast: Article referenced, #MoneyNotMath #5StoneFinancialGroup #DavidVsGoliath #Retirement #RetirementPlanning #BackdoorRothIRA #RothIRA #IRA #Roth #Taxes #Investing Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation.... ( 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 What is a Backdoor Roth IRA and how should I set it up? Saving for retirement is crucial in today's uncertain times, and having a well-rounded investment strategy

Biden is spending money and someone has to pay for it. Investors and Retirement Plan Sponsors here is what the strategy is. See this video for technical advice on the conversion: "After-Tax Bucket"... ( 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 What is a Mega Backdoor Roth? When it comes to retirement planning and securing a financially stable future, Roth IRAs are considered one of the best options available. However, contributions to Roth IRAs are limited to $6,000 per year for individuals under the age of 50, and $7,000 for those over 50 years old. But what if you want to save more money for retirement in a tax-advantaged account? This is where the concept of a Mega Backdoor Roth comes into play. A Mega Backdoor Roth is a strategy that allows individuals to contribute significantly more to their Roth IRAs each year, by

In this video, I delve into the newly introduced Roth SEP IRA in 2023 and compare it with other retirement plans like the solo 401K. If you're considering the Roth SEP IRA, you'll want to understand the limitations, potential tax consequences, and why it might not be the best option for you. Join me as I break down the complexities and offer insights that could save you time and money in planning your retirement. Feel free to drop your questions in the comments below, and don't forget to subscribe for more financial guidance! ///////////////////////////////////////////////// Get answers FASTER... Join this channel to get access to perks: Chat on discord: Join Link Support on Patreon: Get IRS FORM W4 TAX WITHHOLDING HELP HERE STARTING AT $39. bit.ly/3FJ6w8U ----------------------------------------------------- Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to you

In today's video, Adam Bergman, Esq. and Isaac Rodriguez, a client of IRA Financial, go over the basics you need to know for SDIRA rollovers. -- Learn more about Self-Directed IRAs: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions. IRA Financial is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm. IRA Financial Group does not provide legal services. No attorney-client relationship exists between Client and IRA Financial, its manageme

Pro tip about #SelfDirectedIRA just do what the wealthy do #PlayTheIRSGame 🤑😉... ( 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 Pro Tip: Understanding the Benefits of a Self-Directed IRA Saving for retirement is a top priority for many individuals, and finding the most effective way to do so is crucial. While traditional IRAs and 401(k)s are undoubtedly popular choices, a lesser-known option that is gaining traction is the Self-Directed IRA (SDIRA). This innovative retirement savings vehicle allows individuals to have greater control over their investments and potentially maximize their returns. In this article, we will explore the benefits of a Self-Directed IRA and offer a pro tip on how to make the most of this retirement savings strategy. One of the main advantages of a Self-Directed IRA is the flexibility it offers. Unlike tradi

With an IRA, you can lend money for any reason to anyone that is not you or a lineal descendant. -- Learn more about Self-Directed IRAs: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions. IRA Financial is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm. IRA Financial Group does not provide legal services. No attorney-client relationship exists between Client and IRA Financial, its management, salespersons or IRA Financial's in-house

Are you worried about the safety of your retirement funds in a Self-Directed IRA? Don't be! YOU are in control of all investment decisions. So long as you stay within the IRS rules, you make the investments you want. -- Learn more about the Self-Directed IRA: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions. IRA Financial Group is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm. IRA Financial Group does not provide legal services.

In todays episode Mat and Mark discuss Lending and notes with your Self-Directed IRA and 401K. Real Estate is the top invested asset here at Directed IRA, and this is how you can take your retirement to the next level. Before investing your hard-earned savings or self-directed IRA into an “alternative” business or real estate investment of another, you need to ask hard questions to the person or company receiving your money. Here are some tips to keep you out of legal trouble and to help you avoid bad investments or structures. --- Leave your questions in the comment section below! 🔊 Found this video helpful? Click the Like bottom & share with others. Subscribe to my channel and click the 🔔 icon for notifications when I post a new video. ---- Learn how to take control of your retirement - Self-directed IRA Podcast - Be an expert/shop my products - Blog & Articles - ---- Connect with me online: - Instagram: - Facebook: - LinkedIn: - Twitter: Leave you

#shorts... ( 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 Taxes On A Backdoor Roth IRA Explained A Roth IRA is a popular retirement savings account that offers tax-free growth and tax-free withdrawals in retirement. However, there are income limitations for contributing directly to a Roth IRA. This means that if you earn too much, you may not be eligible to contribute to a Roth IRA directly. But don't fret, there is a way to still take advantage of a Roth IRA through a backdoor Roth IRA strategy. A backdoor Roth IRA is a method that allows high-income earners to bypass the income limitations and contribute to a Roth IRA indirectly. The strategy involves making a non-deductible contribution to a Traditional IRA and then converting it to a Roth IRA. This workaround allows individuals to enjoy the benefits of a Roth IRA despite their high inc

Episode 004: As a Retiree, Your Investment Strategy Needs to Balance Time and Risk! You’d think retiring with a big pile of money is pretty much the Golden Ticket to non-stop good times, but – spoiler alert – it turns out that spending strategically is also a thing. If we don’t? More and more people are living longer and, well, no one wants to outlive their bank balance. The goal here is to enjoy our bucket lists, maintain a healthy emergency fund and ultimately still have some inheritance left for relatives who were nice to us. It’s a complicated equation, which is why The Retirement Equals Freedom Podcast is here to help get it sorted out. Josh Bretl, CPA and owner of FSR Wealth Strategies, has focused this episode on the tricky business of investment management. In retirement the whole calculus in terms of time and risk has to change and too often financial planners don’t know how to adapt or serve their clients well in this next phase. We learn that free meals can

Learn more about this topic at Leave us a comment if you have any questions and hit Subscribe to our Youtube channel to get informative videos on similar topics. Beagle is your financial concierge that helps you: - Find your old 401(k)s - Discover your 401(k) hidden fees - Rollover and save thousands - Unlock your 401(k)s and IRA WE'RE ON A MISSION TO Give you peace of mind with your retirement. We built Beagle to help guide you towards retirement no matter where you're at in your journey. For more information visit: --- Facebook --- Twitter Email us: support@meetbeagle.com #Beagle #finance #money #tips #strategy #retirement #advice #401k... ( 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 How are IRAs Taxed at Death? Individual Retirement Accounts (IRAs) are a widely-used investment tool designed to help individuals save f

If you use a Self-Directed IRA to invest and save for retirement, you must be aware of the important IRS rules, including the prohibited transaction rules and the UBTI tax. -- Learn more about the Self-Directed IRA: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions. IRA Financial Group is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm. IRA Financial Group does not provide legal services. No attorney-client relationship exists between Cli