- If you've received a company buyout or lump-sum payment from your employer's retirement plan, you may be wondering what to do with the funds. One smart option is to roll over the distribution into an individual retirement account (IRA) to defer taxes and potentially grow your savings over time. In this video, we'll guide you through the process of rolling over a company buyout into an IRA, including important rules and considerations you need to know. You'll learn about the benefits of tax deferral, how to avoid potential penalties and taxes, and strategies for maximizing your retirement savings. Whether you're nearing retirement or just starting to build your nest egg, rolling over a company buyout into an IRA can be a powerful financial move. Watch this video to learn how to get started and secure your financial future.... ( read more )
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Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)