Timothy Sumer

What is an IRA? Most people think an IRA stands for Individual retirement account , but those people are wrong! An IRA is actually a individual retirement arrangement. That key word arrangement makes a huge different because you are in a since arranging with the IRS how you would like to be taxed upon your assets in retirement. If done properly an IRA is an amazing vehicle that can be used for limitless tax free income. Sure you can treat it like an investment account and load up on stocks bonds etfs and so on, but if your a savvy investor like my self you could also use your IRA to own property such as rental homes, then all the rent you receive over the years is tax free as well as the profits of selling the property in the future! Using a ROTH IRA this way can be crucial for a well planned retirement strategy that can generate limitless tax free income. What I Use for Investing: What I Use for Budgeting: If you want help setting up a portfolio service, a budg...

What is an IRA? Most people think an IRA stands for Individual retirement account , but those people are wrong! An IRA is actually a individual retirement arrangement. That key word arrangement makes a huge different because you are in a since arranging with the IRS how you would like to be taxed upon your assets in retirement. If done properly an IRA is an amazing vehicle that can be used for limitless tax free income. Sure you can treat it like an investment account and load up on stocks bonds etfs and so on, but if your a savvy investor like my self you could also use your IRA to own property such as rental homes, then all the rent you receive over the years is tax free as well as the profits of selling the property in the future! Using a ROTH IRA this way can be crucial for a well planned retirement strategy that can generate limitless tax free income. What I Use for Investing: What I Use for Budgeting: If you want help setting up a portfolio service, a budg...