IRA and 401(k) balances built by U.S. savers ranged from a paltry average of $9,500 for Generation Z as of June 30, up to $512,500 for members of the Silent Generation, who are older siblings and parents of Baby Boomers, according to Fidelity Investments.Investor’s Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.Learn more. Get more IBD by subscribing to our channel.Like us on Facebook https://facebook.com/investorsbusinessdailyFollow us on Twitter https://twitter.com/IBDinvestorsFollow us on Instagram https://www.instagram.com/investorsbusinessdailyFollow us on StockTwits http://stocktwits.com/InvestorsBusinessDaily
A 69-year-old woman is accused of defrauding Social Security for years after she allegedly dismembered her dead husbands body.
Everything that you need right here for you! https://linktr.ee/MJKYoutubeThe Crypto IRA Page at Directed IRA: https://directedira.com/cryptocurrency/Businesses to Start for Under 5k | Main Street Business Podcast |Learn about 50+ businesses that you can start today! From dog walking to landscaping, we talk about all the ways you can make money and get your life started as an entrepreneur. Don’t think you have the capital to get the ball rolling? Perfect! These are all businesses you can start for close to nothing. Get started now!Check out my step-by-step workbook to get your business off the ground – 8 Steps to start and grow your businessSIDE HUSTLE Stand Out – To get Jarom Bergeson’s Halloween Children’s book click here: Why do Witches Wear Black?To learn more or listen to prior episodes, visit: https://mainstreetbusiness.com/Business Ideas coming soon:#Business #Smallbusiness #taxes #Markjkohler #KKOSLawyers #CRTI go LIVE almost every week…Don’t forget to Subscribe and Hit that bell icon so you get a notification every time I upload a new video or go LIVE SIGN UP for my weekly newsletter to download my FREE E-book “The 10 Best Tax-Saving Secrets Everyone Should Know” and schedule a FREE 15 Minute Interview with an Attorney or CPA from my team! Visit www.markjkohler.com/youtube If you need help structuring your business or setting up your S-corp to save the most on taxes and to ensure maximum asset protection, click here to schedule a FREE 15-minute interview: www.kkoslawyers.com/contact-usVisit markjkohler.com for all of Mark’s game-changing educational materials, take charge of your ship, and start SAVING thousands in taxes!If you liked the video, please give it a “Thumbs up!” and please subscribe to see more!Set up a self-directed retirement account at directedira.com and start saving today!Visit www.mainstreetbusiness.com to listen to Mark Kohler and Mat Sorensen break down complex Tax & Legal strategies in an easy-to-understand way every week!Follow me on Instagram, TikTok Facebook and Twitter @markjkohler
Financial Math, Annuity immediate 1
Today on Your Money, Your Wealth® podcast 349 with Joe Anderson, CFP® and Big Al Clopine, CPA, learn the basics of Roth IRA conversions, how to calculate tax on your Roth conversion tax, and when you need to pay the tax, and more. Plus, ideas for what to do with unused 529 plan education savings, rules for 401(a) accounts, explaining the alternative minimum tax, the latest tax proposals, calculating employer solo 401(k) contributions – and that’s just the tip of the iceberg. Visit the podcast how notes for free financial resources and to Ask Joe & Al your money questions: https://bizlink.to/ymyw-34900:00 – Intro00:56 – Calculating Paying Roth Conversion Tax (Liza, San Diego)10:32 – Paying Roth IRA Conversion Taxes (Tammy)12:19 – Schedule a Free Financial Assessment: https://purefinancial.com/lp/free-assessment/?utm_source=youtube.com&utm_medium=podcast&utm_campaign=YMYW13:10 – Backdoor Roth IRA Basis & Paying the Tax on a Roth Conversion (D, Irvine)22:51 – Roth 401(k) Contribution Strategy (Jennifer, Philadelphia, PA)32:02 – What Should I Do With Left Over 529 Money? (podcast survey)34:05 – Are There Special Rules for 401(a) Plans? (podcast survey)37:03 – Can You Have Too Much Money in Ally Bank-Like Accounts? (podcast survey)38:20 – How Should I Calculate Employer Solo 401(k) Contributions When Income Varies? (podcast survey)39:43 – Could Big Al Please Explain Alternative Minimum Tax (AMT)? (podcast survey)41:19 – Any Tax Law Changes That Impact Retirement Income Strategies and Estate Plans? (podcast survey)42:45 – Cryptocurrency Taxation: Treat Like Additional Income or Not Include It at All? (podcast survey)44:48 – Does Income From Investments Affect My Tax Bracket for Roth Conversion Purposes? (podcast survey)Schedule a free assessment with any one of our professionals, either online or at one of our financial planning offices in San Diego, Brea, Irvine, and Woodland Hills, California: http://bit.ly/PureAssessmentSubscribe to our YouTube channel and stay tuned for the next episode of the Your Money, Your Wealth® TV show: http://bit.ly/YMYW-YouTubeSubscribe to the YourMoney, Your Wealth® podcast: https://link.chtbl.com/ymyw?sid=yIMPORTANT DISCLOSURES:• Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor.• Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with their tax advisor or attorney regarding specific situations.• Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.• Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.• All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy.• Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors.CFP® – The CERTIFIED FINANCIAL PLANNER™ certification is by the Certified Financial Planner Board of Standards, Inc. To attain the right to use the CFP® designation, an individual must satisfactorily fulfill education, experience and ethics requirements as well as pass a comprehensive exam. Thirty hours of continuing education is required every two years to maintain the designation. AIF® – Accredited Investment Fiduciary designation is administered by the Center for Fiduciary Studies fi360. To receive the AIF Designation, an individual must meet prerequisite criteria, complete a training program, and pass a comprehensive examination. Six hours of continuing education is required annually to maintain the designation.CPA – Certified Public Accountant is a license set by the American Institute of Certified Public Accountants and administered by the National Association of State Boards of Accountancy. Eligibility to sit for the Uniform CPA Exam is determined by individual State Boards of Accountancy. Typically, the requirement is a U.S. bachelor’s degree which includes a minimum number of qualifying credit hours in accounting and business administration with an additional one-year study. All CPA candidates must pass the Uniform CPA Examination to qualify for a CPA certificate and license (i.e., permit to practice) to practice public accounting. CPAs are required to take continuing education courses to renew their license, and most states require CPAs to complete an ethics course during every renewal period.#RothConversion #RothIRAConversion #RetirementPlanning
Are you sure your retirement tax plan maximizes your after-tax wealth? You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 544-0576 or go to https://www.safeguardinvest.com/contact. We believe Roth Conversions are one of the most powerful tax planning tools retirees can be using right now. So much so, approx. 9 out of 10 plans we build have some kind of Roth Conversion element to them. And yet, every day I see retirees avoiding conversions because of some pervasive Roth Conversion myths. The right advice can be extremely beneficial to your retirement. That also means bad advice can be extremely destructive. These myths fit into the bad advice column. In this video, we dismantly two common Roth Conversion myths that we hear often from retirees. Those two myths are:1. “Conversions result in less money growing for your future. This costs you wealth.”2. “You never want to pay conversion taxes out of the conversion. It destroys the value of the conversion”Within this video, we’ll uncover a lot of fundamental reasons Roth Conversions make sense. We’ll show the math that dispels these miscalculations. Enjoy!#RothConversions #RetirementIncomePlanning- – – – – – – – – – – – – – – – – – – – – Always remember, “You Don’t Need More Money; You Need a Better Plan”🍿 Subscribe to our channel: https://www.youtube.com/channel/UCVMA…🏆 Join our ‘Retirement Mastery’ Facebook Group: https://bit.ly/retirement-mastery-group📈 Talk with us about your retirement plan here: https://www.safeguardinvest.com/contact📚 The New 60/40: How the Next Generation of Retirees Can Achieve Radical Financial Freedom through Better Safe Investing – https://www.amazon.com/New-60-Generation-Financial-Investing/dp/B08H6TCMFNSafeguard Wealth Management is a Registered Investment Advisor in the State of WI. Safeguard Wealth Management is not an insurance provider. All content on Youtube is for informational purposes only and should not be taken as personal advice for your situation. You can read more disclosures at https://www.safeguardinvest.com/fiduciary
Here are some areas facing rising prices, which could impact your Social Security benefits.
Today, we catch up with one of our first guests, H. Adam Holt, CEO of Asset-Map to discuss a wide variety of topics. He gives us a sneak peak of an algorithm his firm will release that will find the hidden gaps in your client’s retirement plans. We also talk about the commitment that Adam and his firm have made to supporting diversity and inclusion in the retirement advice platform ecosystem. We hope you enjoy the show. Links mentioned in the show:Adam’s company:https://www.asset-map.com/Adam and Derek’s podcast:https://rethinkfinancialadvisorpodcast.blubrry.net/2021/07/01/1-rethink-change-is-coming/About That Annuity Show – https://thatannuityshow.com/ We create audio and video content for professionals who share a passion for advancing the retirement industry. Approximately 80% of our audience are top advisors or independent agents who help consumers plan for retirement. Approximately 10% work at carriers in product management, distribution, and compliance. Industry influencers account for approximately 10%. We want to help every independent agent be successful in explaining the benefits of annuities. And there are many. They can protect retirement nest eggs from market downturns. They can generate predictable income in retirement. They can even offer several benefits in case of serious illnesses. However, the products can be very complicated. And discussing tough topics about retirement lifestyle can be tricky. At the same time, we work in a highly regulated industry. We frequently sell our products to seniors. And the laws seem to change all the time. How do we effectively build our practice and remain compliant with all rules? This information is provided by Nassau for educational purposes only. It is not individualized to address any specific financial objective and is not intended as investment, legal or financial advice. Any links or references to third-party information or websites is for informational purposes only. Nassau has no control over such third-party information or websites, is not responsible for their availability or accuracy, and does not endorse and is not responsible or liable for any content, advertising, products, or other materials on or available from them. Your access to or use of such sites or resources is at your sole risk.
Be careful doing Roth Conversions in retirement, it may cause you to pay more for medicare. Have a question for the show? Call or text 574-222-2000 or leave a comment!Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898. LINKS: https://www.medicare.gov/your-medicare-costs/part-b-costshttps://www.ssa.gov/forms/ssa-44-ext.pdfFind more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-showBe sure to stay up to date by following us! Facebook – https://www.facebook.com/WiseMoneyShow Twitter – https://twitter.com/WiseMoneyShow Instagram – https://www.instagram.com/wisemoneysh…Want more Wise Money™? Read our blog! https://www.korhorn.com/wise-money-blog Listen on Podcast: https://link.chtbl.com/WiseMoney Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShowMike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
Want to come see me on Tour? Get the details here: https://garrettgunderson.com/american-ream-tour_ Subscribe to my channel here: https://www.youtube.com/channel/UCs–ejlVMYcMZF4tUC8yNRQ?sub_confirmation=1_Want to listen to the Garrett on the go? Subscribe to the Wealth Labs Podcast today by using the links below:Apple Podcast: http://bit.ly/WealthLabsPodcastAppleGoogle Play: http://bit.ly/WealthLabsPodcastGoogle_Garrett is the author of the New York Times and Wall Street Journal bestselling personal finance book Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity.He is the Founder and Chief Wealth Architect of the Inc. 500 firm, Wealth Factory. A regular on ABC’s Good Money, he has been on Fox, CNBC, as well as hundreds of radio interviews, and is a contributor for Forbes. Garrett is a frequent speaker at workshops and conferences. He lives in Salt Lake City.Garrett has also been interviewed by some of the greats in the personal development space like Hal Elrod, Robert Kiyosaki, Ryan Moran at the Capitalism Conference, Dan Sullivan from Strategic Coach, the Mindvalley Podcast, Project Life Mastery with Stefan James, Joe Polish of Genius Network, Entrepreneur on Fire with John Lee Dumas, The Science of Flipping with Justin Colby, The How of Business, and many more!If you want to build sustainable wealth, increase your monthly cash flow and enjoy economic independence without using budgets, cutbacks, limiting your lifestyle or adding new customers to your business, then Garrett & the Wealth Factory team can help provide the tools and training you need to build the life you love.Interested in getting a Financial Checklist to you back on the right track? Click the link below:https://wlth.co/Garretts-financial-checklist_Follow Me Online Here:Facebook: https://www.facebook.com/garrettbgundersonTwitter: https://twitter.com/GBGundersonInstagram: https://www.instagram.com/garrettbgundersonLinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/Website: https://wealthfactory.com/Interested in going deeper?Killing Sacred Cows – https://amzn.to/2lMbX1iWhat Would Billionaires Do?: https://wealthfactory.com/go/?p=wealthlabs&w=bsb-wl#GarrettGunderson #WealthLabsPodcast #MoneyMattersThis video is about
Click this link to get a free Gold IRA Kit https://satoritraders.com/goldco Discover how American investors are safeguarding and securing their retirement savings with physical Precious metalshttps://satori-traders.business.sitehttps://g.page/SatoriTraders?sharehttps://satoritraders.com/precious-metals/gold/ira/convert~Most of the things we need and want in life cost more today than they did when the Dollar was backed by GoldFoodRentthe Median price of a housenew Cars and TrucksEvery day, Americans are suffering the effects of unrestrained money printing and it is only getting worseSo what’s the solution?How can Americans protect and secure their retirement savings from this ongoing loss of purchasing power?~Physical Gold IRA—————————–The Taxpayer Relief Act of 1997 allows investors to hold physical Gold, Silver, and other Precious metals inside individual tax preferred retirement accounts (IRAs). Self-directed IRAs provide tax-preferred ownership for real estate and Precious metals, while traditional IRAs are limited to Stocks, Bonds, and mutual funds. In a self-directed IRA a third-party Custodian holds physical Gold in the investor’s name. This is the same as a traditional retirement account where securities are held by the broker-dealer in the investor’s name. IRA-approved Precious metals include Gold, Silver, Platinum, and Palladium. Two general categories of metal are IRS-accepted: • Coins minted by national Governments • 99.95% or higher Bullion bars and Coins Collectible Coins and Numismatics are not allowed.Home storage Gold IRA————————————–The Precious metals held in a self-directed IRA must be held by a third-party Custodian in order to satisfy the IRS.In a home storage Gold Coin IRA (also referred to as a Checkbook IRA) the investor forms an LLC or other legal entity to act as the Custodian and hold the Precious metals.While this structure complies with IRS requirements, it entails at least two risks.First, the IRS has numerous requirements that a Custodian must meet. The IRA could be deemed invalid if any of these requirements aren’t met. Second, assets can only be moved in and out of the IRA via proper contributions and withdrawals. Because the IRA is stored at home it is tempting to add or subtract physical metal without performing the proper paperwork. Sloppy bookkeeping or a violation of the rules for managing the IRA’s assets could cause the IRS to deem the IRA invalid.And remember that failures to comply with the Checkbook IRA regulations would most likely come out in an audit when it would be too late to fix the issue.If the IRS declares that the home storage Gold IRA is invalid they could assess penalties, back taxes, and interest for all of the years when the IRA was out of compliance.Gold IRA tax rules—————————–Here are the key Gold IRA tax rules to keep in mind:• When funds are transferred from an existing IRA to a Precious metals IRA, the transaction must be completed within 60 days• Only IRS-approved metals can be held in the IRA – Silver, Gold, Platinum, and Palladium • Distributions from the IRA can be taken in cash or physical metal• Precious metals held inside an IRA are NOT subject to the automatic 28% tax rate for collectibles• Capital gains are NOT taxed as gains on collectible items• Distributions from the Gold IRA are treated as ordinary income at the Investor’s tax rate• Investors are allowed to have more than one IRA open – opening a Gold IRA doesn’t affect existing retirement savings accountsGold IRA fees———————-Buying Gold in an IRA involves more fees than an investor pays for a Traditional IRA.Besides the typical account setup and management fees, a Gold IRA will have a fee for storing the physical metal held in the account.Typically the annual storage fee will be less than $200.Another fee which is unique to Precious metals IRAs is the commission paid to a broker for buying and selling the investor’s metal.Some companies waive account setup fees and buying commissions as part of their promotional offer.The selling commissions can be avoided by taking distributions in physical metal instead of cash.Gold IRA reviews———————–Trust is the main consideration for selecting a Precious metals IRA company to deal withYou need to feel comfortable with the company and their CustodianSeeing what actual customers are saying online can provide valuable insight into a company and how they do businessCheck these resources for authentic Precious metals IRA reviews Better Business Bureau (BBB) Consumer Affairs Google Reviews TrustLink Trustpilot
Rick has plenty of retirement assets but he still need some retirement and estate planning. In this video we’ll discuss how to hold assets and how to pass assets on through estate planningMy Books:: 1. The Power of a Tribe: https://www.amazon.com/dp/B096TWBDM3/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1623414076&sr=8-1 2. FIND HAPPINESS BY DISCOVERING Who YOU ARE AND Why YOU ARE YOU by Kerry Grinkmeyer https://amzn.to/2WphaLS3. Tall Grass – My Journey to Discover Myself https://amzn.to/3AooSasSupport Children’s of Alabama: https://secure2.convio.net/coa/site/Donation2;jsessionid=00000000.app260a?idb=1326452675&2683.donation=form1&DONATION_LEVEL_ID_SELECTED=1&df_id=2683&mfc_pref=T&NONCE_TOKEN=8EC977828AF9F0075A041659B9E7FBD9&idb=0 This is a Link to: Retirement “Do We Have Enough?’ Excel Spreadsheet https://docs.google.com/spreadsheets/d/1eJc0wQWhgeXJ7M52UcrrXjLaELbTLuMZHZGY_JpfyRY/edit?usp=sharingProtect your computer from cyber hacking:Get Surfshark VPN at https://surfshark.deals/INVESTORS and enter promo code INVESTORS for 83% off and 3 extra months for free! Follow Me: Facebook: https://www.facebook.com/BestofUSLLC/Instagram: https://www.instagram.com/bestofusinvestors/Twitter: https://twitter.com/BestOfUsInvestHelp Kerry and Nita win the race against Childhood Cancer and keep their daughter Shay’s memory alive. Your support makes a direct impact in the fight against Pediatric Cancer at Children’s of Alabama by helping advance research in finding a cure for cancer. http://give.childrensal.org/bestofusAbout Me: I am a retired financial planner, sold my business in 2005 and travelled the world. In December 2014 Nita and I lost our daughter Shannon to cancer and I became an angry old man. Nita told me to find something to do or find somewhere else to live.In November 2019 I settled into this YouTube channel, a place where I can share my knowledge with people that want to hear my voice; where I can feel I have a purpose in life. I am no longer angry and I owe that to you. Now I’m building a $25 million digital business, come join me on this adventure.Thank you for what you, my viewers, give me every day.The Anti-Aging Supplement that I take: 4 Pack NMN Capsules with Maximum Strength- 500mg- High Absorption Nicotinamide Mononucleotide Supplement- Supports Brain Function & Anti Agingby NMN MAX https://amzn.to/3aG4QNeLearned about NMN in book Lifespan by David Sinclair, https://amzn.to/3qVPPhXFITBIT Versa 3 Health and Fitness Smartwatch:https://www.amazon.com/gp/product/B08DFPV5Y2/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=B08DFPV5Y2&linkCode=as2&tag=bestofushomes-20&linkId=14033c1ca7e70a49f26987cac2b3d2b1RECOMMENDED BOOKS (Affiliate Links)1. The Accidental Super Power by Peter Zeihan: https://amzn.to/3dEl9tL2. The Big Nine by Amy Webb: https://amzn.to/2yOJmPe3. Supercharge Your Real Estate Sales by Kerry: https://amzn.to/2WqsUh94. Digital Transformation, Survive and Thrive in an Era of Mass Extinction by Thomas M Siebel: https://amzn.to/3bqSjvx5. DisUnited Nations, The Scramble for Power in an Ungoverned World by Peter Zeihan: https://amzn.to/2yFCpQJ 6. The Future is Faster Than You Think By Peter Diamandis and Steven Kotler https://amzn.to/2LnHu2K7. FIND HAPPINESS BY DISCOVERING Who YOU ARE AND Why YOU ARE YOU by Kerry Grinkmeyer https://amzn.to/2WphaLS8. A Crack in Creation, by Jennifer Doudna and Samuel Sternberg https://amzn.to/3qN2JhI9. A Generation of Sociopaths, by Bruce Cannon Gibney https://amzn.to/3amkNIc10. The Industries of The Future, by Alec Ross: https://amzn.to/30eP3QB