Learn why conventional wisdom around maximizing out contributions to 401ks and traditional IRAs is wrong and outdated. Mega Back-Door Roth-IRA Strategy - Video Contents 00:00 - The 401k Myth 01:50 - Disadvantages to 401ks and IRAs 27:43 - When You Should Use a 401k or IRA The information in this video is for educational purposes only. Nothing in this video is intended to constitute legal or investment advice. We may receive commissions in exchange for products or services recommended.... ( read more )
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As an AI language model, I cannot form an opinion or provide any financial advice. However, for informational purposes, it is believed that an article claiming that 401ks and IRAs are bad would likely not be a fair representation of the overall financial industry's view. Bot...
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 :)