Timothy Sumer

What is a Roth conversion and why should you consider it? The ultimate goal is a tax-free retirement. All qualified Roth distributions are free of taxes. Of course, retirement funds can't escape the tax man altogether, so when you convert traditional, pretax funds to Roth, you will owe taxes. On this episode of Adam Live, IRA Financial founder, Adam Bergman, Esq. will discuss what a Roth conversion is, how to perform one, and the rules you need to be aware of. He will also explain why and when you should consider doing one. Join us LIVE on Thursday, September 21st at 1:00PM EDT! *please note the date change* -- Learn more: -- 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 I

85% of Fortune 500 CEOs use life insurance as their primary vehicle for their retirement planning 🤔 Here are 5️⃣ easy-to-understand reasons that you should consider doing this same: ✅ No Penalties for taking money out prior to 59–1/2 (complete accessibility) Unlike traditional retirement accounts (401k’s, IRA’s, pensions, etc) there are no 10% penalties for taking money out of #lifeinsurance contracts prior to the recognized retirement age of 59–1/2, like most other retirement plans. ✅ No 1099s (tax-deferred growth) Money inside of these contracts is allowed to accumulate tax-deferred, just like most retirement plans. This allows you to accumulate wealth without having to pay unnecessary taxes year after year. ✅ Distributions are not considered reportable income (no income = no taxes!) Taking money out of these contracts in the right way allows you to fly completely under the IRS’ radar, meaning none of the money you pull out will be subject to income tax (because it’s

In this video, we're going to discuss Roth Conversions. Roth Conversions are a game-changer for those looking to retire early. Roth Conversions allow you to convert your Roth IRA into a Traditional IRA, which will give you more flexibility when it comes to retirement planning . We'll discuss the benefits of Roth Conversions and how they can help you retire sooner! I'm not YOUR financial advisor. The content I share is broad, non-personalized, educational content around basic financial concepts. Speak with a professional who's familiar with your specific situation before making any financial decisions. Hire a Financial Advisor and Hire a CPA. www.pointwealthmanagement.com Industry regulations prohibit endorsements or testimonials for Point Wealth, LLC or any Investment Advisor Representative. Posts must refrain from recommending investment advisory services or providing testimonials for our firm, since they are strictly prohibited. Please understand that w

Can you have too much money in your 401(k)? Yes. Your contributions to your 401(k) are pre-tax dollars and when you take it out down the road, your tax rate will likely higher than it is today. So you don't want to over-fund this retirement account . 💰FREE Tax-Free Toolkit: ✅ Find a Power of Zero Advisor: ➡️ Learn How To Become a Power of Zero Advisor: ✔️ Listen to the Podcast - 🔹 Connect With Us 🔹 Twitter -@mcknightandco #taxfreeretirement... ( 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 Is $1M in Your 401k TOO Much? As retirement planning becomes increasingly important, many individuals strive to accumulate a significant sum of money in their retirement accounts. The gold standard for many years has been reaching a million-dollar balance in one's 401k account . However, with changing economic conditions

Learn how the Self-Directed Roth IRA works, and the benefits of the plan, in under one minute. -- Read more about the Roth 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 in-house legal counse

In this interview with Mark Byelich, we discuss if congress will get rid of the Roth IRA, who's responsible for the national debt, and why the US will experience financial calamity by 2030. 💰FREE Tax-Free Toolkit: ✅ Find a Power of Zero Advisor: ➡️ Learn How To Become a Power of Zero Advisor: ✔️ Listen to the Podcast - 🔹 Connect With Us 🔹 Twitter -@mcknightandco #taxfreeretirement... ( 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 In recent months, there has been growing concern among some Americans that Congress may be considering getting rid of the Roth IRA. The Roth IRA, which was first introduced in 1998, has become a popular investment vehicle for Americans who want to save for their retirement. It allows individuals to contribute after-tax dollars and their earnings grow tax-free, meaning that withdrawals in retirement are

In recent weeks, we've talked a lot about the Roth IRA, and more specifically, the Backdoor Roth; here's how it works and exactly how to do it. -- Learn more about the Backdoor Roth IRA: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial 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 manage

There really is no definitive answer as to when a Roth IRA does not make sense, however, the younger you are, the more you can benefit from the tax-free growth of the Roth assets. -- Learn more about the Roth IRA: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial 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 Fi

I'm going to teach you how to transform a 1 million dollar inheritance into a tax-free asset. Although many inheritances are naturally tax-free, that asset will become a tax burden as it grows in value during your lifetime. The solution calls for 5 different strategies: -Pay for the taxes on your Roth conversion -Max out your Roth 401(k) for you and your spouse -Fully fund your Roth IRA's -If already retired, pay for your lifestyle in order to lower the tax rate on your Roth Conversion -Contribute money to a life insurance retirement plan. Watch me go into depth on each of these strategies in this video. ✅ Learn More: ➡️ FREE Video Series: ✔️ Listen to the Podcast - 🔹 Connect With Us 🔹 Twitter -@mcknightandco... ( 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 Inheriting $1 million is a dream come true for most people. Howev

In this episode of Adam Talks, IRA Financial's Adam Bergman Esq. discusses the Roth IRA, and the best way to amass tax-free retirement savings fast. -- Learn more about the Roth 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. Learn More: #rothira #retirement #rothconversion #ira #selfdirectedira #adambergman #irafinancial #investing #taxes #taxplanning #taxfreeretirement #backdoorroth... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Acco

Should the federal government get rid of the the Roth IRA? In a recent article on Market Watch, the founder of Boston College's Center for Retirement Research, Alicia Munnell thinks we should think seriously about getting rid of the Roth 401k and the Roth IRA. According to her, Roth IRA's can be hijacked by Congress to pay for expensive partisan legislation. There are other reasons as well. Is she correct? ✅ Learn More: ➡️ FREE Video Series: ✔️ Listen to the Podcast - 🔹 Connect With Us 🔹 Twitter -@mcknightandco Instagram: @davidcmcknight... ( 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 popular retirement account that has become increasingly popular in recent years. It allows individuals to save money on a tax-deferred basis, meaning they do not have to pay taxes on the money they contribute or any earni

401K is a scam! Setup your IUL with me now, go to Hatcherffl.com #shorts #shortsfeed #shortsvideo #shortsyoutube #iul #indexeduniversallifeinsurance #familyfirstlife #insurancetiktok #insurance... ( 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 401K is the Biggest SCAM in America 401K is a retirement savings plan that is widely used in the United States. It is an attractive option for many because it allows individuals to save for retirement with pre-tax money. However, 401K is actually the biggest scam in America. The first reason why 401K is a scam is because it is heavily biased towards the wealthy. The wealthy can take advantage of the tax benefits of 401K and contribute more than the average person. This means that the wealthy are able to save more for retirement than the average person. This creates an unequal playing fi

Reach Marquis at 614-932-1440... ( 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 https://inflationprotection.org/tax-free-retirement-planning-the-family-retirement-plan/?feed_id=65864&_unique_id=63d7fd2bb83f8 #Inflation #Retirement #GoldIRA #Wealth #Investing #free #tax #taxfreeretirement #QualifiedRetirementPlan #free #tax #taxfreeretirement

In this episode of Adam Talks, IRA Financial's Adam Bergman Esq. discusses the Backdoor Roth 401(k) and how you can contribute over $70,000 to a Roth IRA in one year! -- 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. Learn More: ... ( 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 https://inflationprotection.org/adam-talks-put-away-70000-in-a-roth-ira/?feed_i

Permanent insurance has many benefits that many don't realize #taxfreeinvesting #cashvaluelifeinsurance #Indexeduniversallife #daveluftinsuranceagency #lifeinsurance #earlyretirement #retirementplanning... ( 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 https://inflationprotection.org/get-a-roth-ira-so-you-dont-have-to-ever-get-a-term-life-insurance-policy/?feed_id=58059&_unique_id=63b9f1dc1ba06 #Inflation #Retirement #GoldIRA #Wealth #Investing #lifeinsurance #taxfreeretirement #RothIRA #lifeinsurance #taxfreeretirement

You only have a few more years to take advantage of historically low tax rates to fund your tax-free retirement. In 2026 taxes will revert back to the levels they were in 2017 before the tax cuts took place. If you’re converting your Roth IRA and trying to beat the deadline, you might actually be making a mistake in planning your retirement. In this video, I’m going to share the Roth Conversion mistake that could sink your retirement, and share how you can avoid hitting the highest tax brackets during your conversion. Join us to learn how to plan for a tax free retirement. ✅ Learn More: ➡️ FREE Video Series: ✔️ Listen to the Podcast - 🔹 Connect With Us 🔹 Twitter -@mcknightandco Instagram: @davidcmcknight... ( 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 https://inflationprotection.org/the-roth-conversion-mistake-that-could-sink-your

Tax-Free Roth IRA | Do you have the enviable problem of NOT being able to contribute to a tax-free Roth IRA every year because you make too much money?   Watch the video about Tax-Free Roth IRA from our Sacramento Wealth Advisor, Matt Regan, to learn how you can go through the back door and still fund a Tax-Free Roth IRA every year! Sacramento Certified Public Account, Matt Regan Tax-Free Roth IRA | Sacramento Wealth Advisor (916) 405-9164 mregan@towerpointwealth.com... ( 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 https://inflationprotection.org/tax-free-roth-ira-one-minute-tax-tips-funding-a-backdoor-tax-free-roth-ira/?feed_id=45571&_unique_id=6389f268ab144 #Inflation #Retirement #GoldIRA #Wealth #Investing #FinancialFreedom #financialplanning #OneMinuteTaxTiptaxtipswealthmanagement #taxfreegrowth #taxfreeretirement #taxfree