In this series I will be maxing out my ROTH IRA and taking everyone on a walk through of my journey. Brokerage: Charles Schwab... ( 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
As a young professional, planning for retirement may seem like a far-off task. However, it's never too early to start thinking about it. In fact, one of the best ways to prepare for retirement is by opening a Roth IRA. A Roth IRA is an individual retirement account that allows you to make after-tax contributions, which then grow tax-free. This means that when you retire and start taking money out, you don't have to worry about paying taxes on it. And the earlier you start contributing, the longer your money has to grow. I recently decided to start maxing out my Roth IRA, which means contributing the maximum amount allowed by the IRS every year. For 2
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 :)