Timothy Sumer

Not sure if you made any wash sales last year? Watch this video to learn about wash sales and how to report them.... ( 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 The Wash Sale Rule: How it Affects Stock Trading When it comes to investing in the stock market, there are several rules and regulations that investors need to be aware of. One such rule is the Wash Sale Rule, which has a significant impact on stock trading. In simple terms, the Wash Sale Rule prohibits investors from claiming a loss on the sale of a security if they purchase a substantially identical security within a short period of time, typically within 30 days before or after the sale. This rule is designed to prevent investors from artificially creating losses in their portfolio for tax purposes. The Wash Sale Rule is enforced by the Internal Revenue Service (IRS) in the Unite

Questions on Protecting Your Wealth with Gold & Silver? Schedule a Strategy Call Here ➡️ or Call 877-410-1414 ________________ 🆓FREE GUIDE: "ITM Trading's Official 2022 Gold & Silver Buyers Guide" Learn how to buy Gold & Silver, what to look for, what to avoid and much more. DOWNLOAD NOW ➡️ 🔔For Critical Info, Strategies, and Updates, Subscribe here: Viewer Questions: Question 1: 0:52 Do you think the implosion of derivative markets taking place in Bond Trading now will lead to more bailouts like back in 2008? I assume this will spread in many more markets and potentially bringing down the whole Fiat System. Question 2: 7:55 Is silver just as good as gold when it comes to store of value? Question 3: 11:23 How much is too much gold and silver to have at home? Question 4: 12:10 What would make you think that the Federal Reserve is going to give up its power and return back to a gold standard? Question 5: 13:09 Do you think this is the last

Choosing between traditional assets and a Roth Individual retirement account (IRA) is a crucial decision in financial planning. While traditional assets offer flexibility, they come with potential tax implications on income generated. In contrast, a Roth IRA provides tax advantages, allowing for tax-free growth and withdrawals, making it an attractive option for long-term wealth accumulation. For more information book some time with us at: #taxes #finance #financialplanning #investments #leadership #buildingthroughserving #rothira... ( 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 Traditional vs Roth IRA: Understanding the Differences 📢 When it comes to saving for retirement, many individuals turn to Individual Retirement Accounts (IRAs) as an efficient way to grow their funds. IRAs provide various tax advantages and investment opportuni

Investors in the US and Europe have been spoiled by two decades of low and stable inflation, and that perhaps explains why the inflation numbers from last year were not taken as seriously as they should have been. As the excuses (COVID recovery, strained supply chains) made for the inflation surge have worn thin, we are waking up to the reality that this may not be a transient phenomenon. In this session, I look at how inflation is measured and how every measure showed inflation rising in 2021 and then at how interest rates and inflation are intertwined. I also break down inflation into its expected and unexpected components, and estimate how different asset classes perform when inflation is much greater or much lower than expected. Finally, I look at how inflation differences across countries play out in interest rate differences across currencies and drive exchange rates. (Please try a browser other than Google Chrome, for downloads) Slides: Blog Post: Data Links Inflatio

In order to retire comfortably at age 60, what should you be doing with your finances when you’re in your 20s? A framework for getting started planning for retirement, today on Your Money, Your Wealth® podcast 419 with Joe Anderson, CFP® and Big Al Clopine, CPA. Plus, if you’re a small business with a SIMPLE IRA plan, is it stupid to save for retirement in a brokerage account rather than a traditional IRA? If you inherited money and promised to donate to charity, should you do Roth conversions? What’s the most efficient way to pay financial advisor fees, and what’s a good strategy for making pre-tax and post-tax retirement contributions? Podcast show notes, free financial resources, Ask Joe & Big Al On Air: 00:00 - Intro 00:51 - A Framework for Getting Started in Planning for Retirement (Anonymous) 05:36 - I’m 24. What Should I Do to Retire Comfortably at 60? Michael, 24 (Binghamton, NY) 11:18 - Cracking the Code to Succeeding Financially at Any Age - Watch YMYW &

If I Am Right About This, Many Will Become Rich - Lynette Zang | Gold and Silver Price Prediction Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to come together as a community in order to survive and thrive through hyperinflation. Her motto is food, water, energy, security, community, barter ability, and wealth preservation. Chinese President Xi Jinping recently met with Russia's President Vladimir Putin, with both vowing to significantly increase international trade in yuan instead of dollars. Both leaders are advocating for the use of the yuan in settlements between Russia and Asian countries. Africa and Latin America, and calling for a new era and, quote, changes that the world hasn't see

Massive Change to 401k & IRA Contribution Limits 2023 || HUGE INCREASE! 401k contribution limits for 2023 are increasing by a record amount! Since 2007, the IRS has indexed 401k contributions based on CPI data. This year with rapidly increasing inflation, 401k contribution limits and IRA contribution limits for 2023 are increasing by an enormous amount. These increases to 401k contributions apply also to 403b contributions, most 457 plans, and Thrift Savings Plan contributions for 2023. All of this means you can save more for retirement by increasing the amount of retirement savings you contribute to your 401k or IRA. 401k Contribution limits for 2023: 401k Contribution- $22,500 401k Catch-up Contribution-$7,500 IRA Contribution Limits for 2023: IRA Contribution-$6,500 IRA Catch Up Contribution-$1,000 **Free Retirement Download: The Checklist to Retirement:** 📊 Retirement income strategies and retirement income planning are two big pieces to anyones retirement