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Contribution Limits 2017 - How Much Can I Contribute to My Retirement Plan This Year?
 
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How much can you contribute to your 401k, IRA or other retirement savings account this year? Here’s a rundown of the 2017 contribution limits. Download my Pre-Retirement Toolkit: http://bit.ly/WFGToolkit. Scott Weiss is a Fee-Only Certified Financial Planner. Subscribe to my channel: http://bit.ly/scottweisscfp ******************************************** Learn more about working with Scott at Weiss Financial Group Here: http://www.weiss-financial.com ******************************************** Subscribe to my blog: http://www.mahopacmoney.com ******************************************** Get Social -------------------------------- LinkedIn: https://www.linkedin.com/in/scottgweiss Facebook: https://www.facebook.com/WeissFinancialGroup Twitter: https://twitter.com/_scottgweiss ******************************************** Video Notes: ---------------------- How much can you contribute to your 401k, IRA or other retirement savings account this year? A new year brings new opportunities to try and max out your retirement savings. Here’s a rundown of the 2017 contribution limits: IRAs For 2017 they remain the same as 2016: $5,500 for IRA owners who will be 49 and younger this year. $6,500 for IRA owners who will be 50 or older this year. These limits apply to both Roth and traditional IRAs. What if you own multiple IRAs? The total combined contributions cannot exceed the maximum allowed 401(k)s, 403(b)s, & 457s Each of these workplace retirement plans have 2017 contribution limits of $18,000 $24,000 if you will be 50 or older this year. Now, If you are a participant in a 457 plan and within three years of what your employer deems “normal” retirement age, you can contribute up to $36,000 annually to your plan during the last three years preceding that “normal” retirement date. High Earners High earners may find their ability to make a full Roth IRA contribution restricted. This applies to a single filer or head of household whose modified adjusted gross income (MAGI) falls within the $118,000-133,000 range, and to married couples with a MAGI of $186,000-196,000. If your MAGI exceeds the high ends of those phase-out ranges, you may not make a 2017 Roth IRA contribution. (For tax year 2016, the respective phase-out ranges are $117,000-132,000 for single and $184,000-194,000 for married) SIMPLE IRAs & SEP-IRAs In 2017, the contribution limit for a SIMPLE IRA is $12,500; those who will be 50 or older this year may contribute up to $15,500. Federal law requires business owners to match these annual contributions to at least some degree; self-employed individuals can make both employee and employer contributions to a SIMPLE IRA. Both Business owners and the self-employed can contribute to SEP-IRAs. The annual contribution limit on a SEP-IRA is very high – in 2017, it is either $54,000 or 25% of your income, whichever is lower. Sources: --------------- 1. This material was prepared in part by MarketingPro, Inc. Disclosure: ------------------- Weiss Financial Group is a registered investment advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities product, service, or investment strategy. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser, tax professional, or attorney before implementing any strategy or recommendation discussed herein. Insurance products and services are offered through individually licensed and appointed agents in all applicable jurisdictions. The advisers at Weiss Financial Group are not attorneys of a law firm but can provide guidance to the client’s other professionals. Leave me a comment to ask any question or contact me through my website if you'd like to see if I can help you.
Views: 5130 Scott Weiss, CFP
What if a client has multiple retirement accounts?
 
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So often times when we have clients that come to Rebalance IRA, they will have multiple accounts from former employers. And really our goal is to want to try to give them some sense of control of really what they have for retirement. So we'll help them in consolidating all of their accounts. We'll work with their former plan administrators and bring all of their assets together in one place that then will help with their retirement investment strategy.
Automate and employee retirement contribution & company matches in Microsoft Dynamics GP
 
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Automate and employee retirement contribution & company matches in Microsoft Dynamics GP http://www.integrity-data.com/software/enhanced-retirement-plans/ 888.786.6162 Do your retirement plans have a tiered employer match catch-up provisions or a shared contribution limit with another plan? Do you have employees over age 50 that want to utilize catch-up? Do you manually track contribution maximums when an employee is enrolled in multiple plans? How does your company calculate your tiered employer match? Does your company offer both traditional and Roth retirement contribution options? Are you changing deduction codes to enable additional contributions under the catch-up provision? Organizations that offer benefits like 401k or 403b plans can benefit from Enhanced Retirement Plans from Integrity Data when they need the ability to calculate maximum contributions across multiple deferred compensation and/or Roth plans, Support the catch-up maximum contributions within the same plan or offer employer matched contributions based on tiers. An organization can group a set of retirement codes that share the maximum annual limit including the additional limit and age requirements for the catch-up provision when payroll is calculated, the maximums are enforced. A tiered matching benefit can be quickly assigned to a retirement code that will automatically calculate the benefit during payroll calculation. Enhanced Retirement Plans works with the payroll module alone or the HR and payroll modules together. Here is an example of how Enhanced Retirement Plans could be used. Fabrikam has updated their retirement plan for the next year. They have added another investment company to its 401k plan. Tthey also added the option to enroll in Roth 401k this year. Fabrikam will now match employee deductions at 100% for the first 3% and 50% from 3% to 5%. Claire, the HR payroll manager, quickly adds the three new codes to Fabrikam's retirement plan in the retirement plan setup window and Human Resources a Roth code for their existing investment company. A new traditional code for investment company b and then a Roth code for investment company b. During the process Dynamics GP creates the payroll deduction setup codes and benefits setup codes. To which Claire assigns a start date, checks the appropriate tax sheltered checkboxes and adds the other deduction and benefit information that payroll needs. Now that Claire has the retirement codes and descriptions set up in HR and payroll; from the retirement plan setup window in human resources, she first assigns the tiered employer matching percents in the employer benefit variable matching window. Claire checks the enabled benefit matching checkbox and then divides percentages for the from and to range and the percent benefit match. Once she completes the variable matching task for each retirement code she opens the retirement contribution setup window to group the codes and assign the shared maximum amount catch-up maximum amount and catch-up minimum age. Today Claire, the HR payroll manager, is notified that Howard the IT network specialist has enrolled in multiple 401k plans both traditional and Roth from the two investment companies that Fabrikam now uses for their retirement plans. Claire and enrolls Howard in each of the retirement plans in the retirement plans enrollment window setting up the needed information. When Claire saves the enrollment she indicates that Howard will also be contributing to retirement catch-up. Dynamics GP automatically creates the payroll employee deduction information for Howard and his payroll employee benefit information. At any time Claire can verify that the catch-up maximum is enabled for Howard from the retirement catch-up window off the employee maintenance window. After Claire runs the build process, she can view Howard's benefits and deductions on the check file report. Likewise, when she calculates the checks Claire can view Howard's benefits and deductions calculation amounts on the calculate checks report. With Enhanced Retirement Plans from Integrity Data, Claire can assign a tiered employer match to a retirement plan setup and Dynamics GP will automatically calculate the correct benefit amounts. Enable the retirement catch up for an employee that meets the age requirement rules by simply answering yes to a prompt or checking a checkbox. Be confident that IRS maximums are enforced across multiple plans and catch up amounts are included when needed. Save time during enrollment or when making changes because Dynamics GP will automatically apply your retirement settings to the employee process payroll with ease and be confident that employee deductions and employer benefits are accurately applied. For more information visit http://www.integrity-data.com/software/enhanced-retirement-plans/ 888.786.6162 © Integrity Data 2017 - Microsoft Dynamics GP Payroll software provider located in Illinois
Views: 42 IntegrityDataGPHRP
How much to contribute to a 401k
 
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Are you wondering how much to put in your 401k? What percentage should you invest from your salary? Should you try to max out your 401k? What are the contribution limits? We discuss the answers today. Subscribe at: https://goo.gl/AY48ik GET A FREE ANALYSIS Take control of your 401k in 5 minutes at: https://www.blooom.com FOLLOW US: • Facebook - https://www.facebook.com/BlooomInc/ • Instagram - https://www.instagram.com/blooom_inc/ • Twitter - https://twitter.com/BlooomInc/ • LinkedIn - https://www.linkedin.com/company/blooom/ For just $10 a month, blooom analyzes your existing 401k accounts and makes adjustments. Through our 401k management service, we can help you cut hidden investment fees, properly allocate your stock/bond mix and diversify your account in order to maximize your long-term retirement savings. As an SEC Registered Investment Advisor (aka a “robo-advisor”), blooom is an online 401k management app built exclusively for managing individual participant accounts at an employer sponsored retirement plan such as a 401k, 403b or TSP. Through the use of a secret algorithm of more than 100,000 data points, blooom identifies the optimum amount an account should invest in each aspect of their 401k plan.
Views: 1010 blooom
Is There a Maximum Number of IRAs You Can Have?
 
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Worried about how many different retirement accounts you have? Find out what the best number is for you and whether you need to consider any rules and regulations covering IRAs. This podcast was recorded on Jun. 6, 2016. Imagine owning Amazon.com (up over an insane 4,000% since 2001) when Internet sales rendered big-box retailers obsolete... Now an industry 99% of us use daily is set to implode... And 3 established companies are positioned to take advantage. Click http://bit.ly/1zQXjzy for a stunning presentation. ------------------------------------------------------------------------ Subscribe to The Motley Fool's YouTube Channel: http://www.youtube.com/TheMotleyFool Or, follow our Google+ page: https://plus.google.com/+MotleyFool/posts Inside The Motley Fool: Check out our Culture Blog! http://culture.fool.com Join our Facebook community: https://www.facebook.com/themotleyfool Follow The Motley Fool on Twitter: https://twitter.com/themotleyfool
Views: 1301 The Motley Fool
IRA Investing | Can you...Should you have more than one IRA?
 
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Links: -Traditional IRA Rules http://www.jazzwealth.com/2017-traditional-ira-rules-and-guidelines.html - Roth IRA Rules: http://www.jazzwealth.com/2017-roth-ira-info.html - Invest IRA in Real Estate: https://www.youtube.com/watch?v=w77T95IwUYU Facebook https://www.facebook.com/JazzWealth/ Website www.jazzwealth.com Twitter https://twitter.com/JazzWealth Google+ http://tinyurl.com/z4frbp3 Blogger http://askjazzwealth.blogspot.com/ LinkedIn https://www.linkedin.com/in/dustinray... Tumblr https://www.tumblr.com/blog/jazzwealt... Instagram https://www.instagram.com/jazzwealth/ Daily Motion http://www.dailymotion.com/jazz-wealth Slideshare http://www.slideshare.net/DustinTibbitts LiveJournal http://jazzwealth.livejournal.com/ Investment related questions 📧 Dustin@JazzWealth.com Business Affairs 📧Carolyn@JazzWealth.com
Views: 5175 Jazz Wealth Managers
Best Retirement Plans for the Self-Employed
 
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For all the self-employed people out there, I'm with you. How can you save, plan for retirement and invest when you don't have the traditional corporate business structure? Here's my best plan of attack for making the best use of every dime.
Views: 2327 Jeff Rose
Retirement Plans & Investments : Can You Contribute to a Roth IRA for Your Spouse?
 
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Whether an individual can contribute to a Roth IRA for their spouse will depend on whether the spouse is working, the terms of the IRA contract and where the income is coming from. Consult a licensed professional when setting up a Roth IRA with advice from a financial adviser in this free video on individual retirement accounts. Expert: William Rae Contact: www.hbwfl.com Bio: William Rae has been licensed in the insurance and financial fields for more than 30 years. Filmmaker: Christopher Rokosz
Views: 172 ehowfinance
403b Retirement Plans Made Simple - An Ed4Ed Guide
 
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http://ed4ed.org breaks down 403b retirement plan into an easy to understand video. Watch this video to learn about 7 important benefits 403b plans provide. Some of the many benefits offered by this type of retirement plan includes: Tax Deductible Contributions - Not only are you able to contribute your pre-taxed income, but you can also deduct contributions from your federal tax payment. Multiple Investment Options - Choose a provider you are most comfortable with to administer your plan. Taxes Paid When Money is Withdrawn - You will not have to pay taxes until you withdraw the money at a later date. Roth Options - Some employers will allow Roth contributions to 403b plans. Savings Grow Tax Free - No taxes on interest AND no capital gains. Loans Could Be Taken Against Plan - Some plans may allow you to barrow from you plan. Details regarding consequences can vary. Contribution Limits Higher Than IRA Plans Find additional tips at http://ed4ed.org/403b-457-plans/what-is-a-403b-plan https://www.facebook.com/ed4ed.org/?ref=hl https://www.facebook.com/403btsa/?ref=hl
Views: 3425 Ed4Ed.org
Retirement fund contributions at salary source.
 
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How your employer works out how much of contributions to retirement funds can be used as a deduction when calculating PAYE at salary source.
Views: 192 Tony de Wijn
How to Build a Pension Pot with Company Contributions.
 
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I just come back from a tax conference in one session was all about pensions there were some interesting points made, and so I thought I would share some of these with you. I don't have time to go into the subject in a lot of detail, so I have just picked out some interesting morsels. My aim is to encourage you to go and speak to your IFA, and they can advise you on the Investment strategy the best suits your circumstances. Right at the outset, I am going to say that I'm not giving investment advice I'm not actually allowed to that's for your IFA what I will do today is to highlight just some of the advantages of building a pension pot and just some of the tax aspects that you might like to consider. We have been recommending pensions for a while and in particular employer contributions as a way of extracting money from your company in a tax efficient manner. Employee contributions are limited to earnings and are not as national insurance efficient. Employer contributions just have to take account of the annual limit currently £40,000 and the 1 million pound lifetime fund limit. I was dropping here that employer contributions to your pension do not count for the child benefit tax charge. You're probably aware that frog 55 you can take a 25% tax-free lump sum from your pension pot. There's a lot of flexibility these days in how you treat the balance. Best speak to your IFA. What I will say though that in these days social care planning and uncrystallised pension pot does not count in the assessment for social care. So what happens when you die that used to be in your pension died with you. That is not always the case. Check out the video, or give us a call. I thought I would cover a few tax planning ideas for you in respect of your pension contributions. Consider putting Farmland into a Sipp if any if the land is sold for development the game is tax-free because it's sitting in your pension. What about setting up multiple funds, remember there is no minimum age to start a pension use the only one lifetime allowances for your spouse and children Think about taking money out if your ISA and putting it into a pension and get tax relief at your top rate of tax. Remember pensions are sheltered from IHT. Whereas an ISA is not. Also in retirement, you should perhaps consider spending ISA. If you're getting close to retirement, consider overdrawing your director's loan accounts. The Company will pay tax on this but it will get it back, you will pay some income tax as a benefit in kind, but it's very small. As you repay the loan from your 25% tax-free lump sum from your pension. As I said at the start my own today is just to get you to look at pensions in a new light, and particularly if you have your own family company, however, it is essential that you speak to your IFA who can give you targeted advice on what is right for you. I am Alan long for the long partnership making life that's taxing
What to do with your 401(k) or 403(b) if you leave your job
 
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Why is it so important to roll your 401(k) or 403(b) to an IRA when you leave your employer? The primary benefit of the IRA, over the 401(k), 403(b) or SIMPLE, is that you have more investment alternatives in an IRA. In a 401(k), unless you are lucky enough to have a self-directed brokerage window, you are probably limited to the mutual funds offered by your plan administrator. In an IRA, you can buy and sell the entire universe of investment alternatives - including all stocks, bonds, mutual funds, options, real estate, and even privately held companies. While that is the most important reason to roll your 401(k) over into an IRA when you leave, there are others. If invested properly, your fees will probably be lower in an IRA than a 401(k). Fees are very important for three reasons: 1) reducing fees is risk free return - it may be the only free lunch in investing; 2) reducing fees leaves more money in your pocket to compound over time; and 3) studies show the one thing most correlated with performance, over time, is not the fund manager, the sector, the asset class or the historical performance, but low fees. As a general rule, fees are inversely correlated to portfolio performance - the higher the fees, the worse the performance. The lower the fees, the better the performance - which is, of course, a very practical reason why you should learn to be your own money manager. (NOTE: Snider Advisors offers a free online course, called "How to Turn Your 401(k) Into a Million Dollar Nestegg." The nine part course is designed to arm you with the knowledge and step-by-step instructions needed to make the most out of your employer-sponsored defined contribution plan. The goal is to give your plan the highest probability, while you have it, of someday being able to produce sufficient income for you to live comfortably in retirement.) Another reason to move from a 401(k) to IRA, is easier access to your money, although I'm not sure this is such a good thing. If you want to rob your retirement account, you don't have to ask for permission, nor is there any bureaucratic paperwork. You have a thousand miles of rope to hang yourself with. There are estate planning benefits as well. While the rules have changed in recent years, allowing 401(k) plans to be stretched by your beneficiaries, it is still up to each individual plan sponsor to write that into the plan document. Some have and some haven't. An IRA custodian that doesn't allow for a stretch after your death is, in my experience, rare. Finally, you can split IRAs between multiple beneficiaries and IRAs are easier to allocate when you have non-spousal heirs. A transfer of your 401(k), 403(b) or SIMPLE to an IRA is a non-taxable event, so long as you do it properly. There should be no taxes, fees, or penalties. While you are employed, you have to max out your employer sponsored retirement plan if you can. At a minimum, you should contribute enough to get the full employer match, if there is one. But if there is a silver lining to losing your job, being able to self-direct your retirement funds is one. Bottom line: Whenever you leave an employer - either voluntarily or not - get that money rolled over to an IRA as soon as you can. Never leave your 401(k) with your old employer, and even worse, never ever roll your old 401(k) money into your new employer's plan, when you are lucky enough to find a new job
Views: 60888 KimSnider
How to Calculate Retirement Savings Using Excel 2010
 
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This tutorial will demonstrate how to create a worksheet in Excel 2010 to calculate and analyze retirement savings over time. The tutorial includes calculating retirements savings with a company match plan.
Views: 32015 Will Bates
Retirement Fund Contributions & Tax:
 
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When you contribute to retirement fund you get tax breaks which reduce your income tax. In this video blog Paul Leonard CFP® explains how this works using easy to understand language and illustrations.
Views: 131 FPI RSA
How much money can you put into an IRA or Employer Sponsored Retirement Plan?
 
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IRA or Employer Sponsored retirement accounts are subject to annual contributions. There are limits. Into an IRA, if you're under the age of 50, you can contribute $5500 in 2014. If you're over 50 years of age, you can add an additional $1000 per year, which is called a "catch up". Employer Sponsored retirement account = $17,500 per year. With TSP, 401k, 403b, you can add another $5,500 in "catch up". I think these are great way to put money away for your retirement years. If you have multiple accounts, like a traditional IRA and a Roth IRA, your limit still remains at $5500 per year, if under age 50. There are also restrictions based on income. So, it is wise to consult a retirement specialists when deciding where to put your retirement dollars. Video from "Skills To Pay The Bills" with Hosts Freeman Owen Jr and Carolyn Owen. www.JustAskFreeman.com Call Toll Free: (866) 471 7233
Views: 299 Freeman Owen
How to Invest with Multiple Retirement Accounts
 
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Are your funds spread between different accounts? Learn how to own hard assets with this tip today. You can own real estate today! www.AmericanWealthBuilders.com Follow us on Instagram, Facebook, and more! @AmericanWealthBuilders
Solo 401k Retirement Plans for Sole Proprietors and Contractors
 
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Safeguard Financial - http://www.IRA123.com/solo-401k/ - A Solo 401k plan is tailor-made for sole proprietors and independent contractors such as consultants and real estate agents. This type of plan possesses the ability to invest in almost anything and is the most tax-advantageous, self employed plan available with very high annual contribution limits. You can set up this plan even if you're employed at a full-time job. Talk to a Self Directed IRA Advisor at Safeguard Financial or visit www.IRA123.com
Views: 4330 ira123safeguard
403b Retirement Savings Plan
 
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http://ed4ed.org breaks down 403b retirement plan into an easy to understand video. Watch this video to learn about 7 important benefits 403b plans provide. Some of the many benefits offered by this type of retirement plan includes: Tax Deductible Contributions - Not only are you able to contribute your pre-taxed income, but you can also deduct contributions from your federal tax payment. Multiple Investment Options - Choose a provider you are most comfortable with to administer your plan. Taxes Paid When Money is Withdrawn - You will not have to pay taxes until you withdraw the money at a later date. Roth Options - Some employers will allow Roth contributions to 403b plans. Savings Grow Tax Free - No taxes on interest AND no capital gains. Loans Could Be Taken Against Plan - Some plans may allow you to barrow from you plan. Details regarding consequences can vary. Contribution Limits Higher Than IRA Plans Find additional tips at http://ed4ed.org/403b-457-plans/what-is-a-403b-plan https://www.facebook.com/ed4ed.org/?ref=hl https://www.facebook.com/403btsa/?ref=hl
Views: 346 Ed4Ed.org
Should I Invest in an IRA or 401(k)?
 
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http://www.bangor.com (877) 226-4671 Many people are unsure about the differences between a traditional IRA and a 401(k). Both have accounts that provide tax-deferred growth on the money in the account. Withdrawals from the accounts are taxed at ordinary income tax rates. But IRAs and 401(k)s differ in terms of eligibility, contribution limits and how you can access your funds. A 401(k) is an employer-sponsored plan offered only to employees. An IRA is an individual retirement account and can be set up by anyone. You can contribute more to a 401(k) each year than you can to an IRA; the same applies to the ͞catch up͟ provisions for those over 50 - you can add more to a 401(k) than to an IRA. 401(k)s can provide loan provisions, but IRAs cannot. You can’t contribute more than you earn with either an IRA or a 401(k) account, but must refer to the annual IRS publication to determine the maximum contribution amounts for both. For more information on choosing retirement plans for your financial situation, please give us a call today or visit our website. https://youtu.be/xLGFq5SBPw8?list=PL8sOtuyIIqpzaiSvTytNrjk4QbPJRhSYy
How to choose the best retirement account for you.
 
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There is a few different retirement accounts that most people are guided to. Innevitably there is confusion over which is best for them. While there is a lot of general information about these types of retirement accounts we wanted to talk about how to choose between them. The first and best type of retirement account is the Roth IRA. It is the most flexible type of retirement investment vehicle. It allows you to invest post tax. The contributions you make and the returns you accumulate over time are all free of any tax. Also, you can take out any contributions at anytime without penalty. The next best retirement account type is the Roth 401k. This retirement account type is provided by your employer. You contribute post tax dollars, but your employers contributions are pretax. You do not have the flexibility of taking out your contributions at any time though so this is something to consider. Next is the 401k which is also an employer offered plan. In this type of account you contribute pre tax money and then pay taxes in retirement. You should ONLY consider this type of account if you are getting a match from your employer. Finally we have the Traditional IRA which is last on our list. It's last because you cannot take contributions out without paying a penalty and taxes. Also, you are required to start taking withdrawals when you reach age 70 which may limit your opportunity to leave money to heirs. Finally, all the contributions and gains are taxed in retirement. We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments and, using NestEgg we can help you with every penny! ---Ready to subscribe--- https://www.youtube.com/jazzwealth?sub_confirmation=1 For more information visit: www.JazzWealth.com --- Instagram @jazzWealth --- Facebook https://www.facebook.com/JazzWealth/ --- Twitter @jazzWealth Investment related questions 📧 Dustin@JazzWealth.com Business Affairs 📧Carolyn@JazzWealth.com
Views: 1400 Jazz Wealth Managers
How the New Tax Laws Impact Retirement Savings
 
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Mercer | https://goo.gl/rPDhV8 | Mercer Intellectual Capital Solutions Tax Reforms Changes to retirement defined contribution benefit Geoff Manville The 2018 retirement policy agenda has kicked off with a big sigh of relieve over what wasn’t included in the tax cuts and Jobs Act. We dodged proposals to cut tax incentives for savings and eliminate a non-qualified deferred compensation entirely. In the end, we wound up with relatively few changes although the new 21% corporate tax rate definitely raises some important implications for pension funding and risk transfer strategies that sponsors are going to need to look at right now. It’s also likely that many of the retirement proposals dropped from the final tax law will continue to be in play. As for revenue raisers this year we’re not expecting any serious consideration of major changes like limiting pre-tax contributions and mandating more Roth treatment of savings. But some more modest revenue raisers could be in play, like baring catch-up contributions for high-income folks and scaling back special contribution rules. for 403B and 457B plans there were also a lot of non-revenue related reforms in early versions of the tax law and that’s indicative of strong bipartisan interest in retirement policy. That’s going to continue this year. A handful of those provisions became law last week as part of the major budget bill, including eased rules on hardship distributions and on distributions for folks in California wildfire areas. Some other bigger, widely supported changes that weren’t candidates for inclusion in the new tax law but that could still see action this year includes things like allowing open defined contribution, multiple employer plans or MEPs. those would let otherwise unrelated small businesses band together and participate in a single plan encouraging more lifetime income options and DC plans is also a big goal. Facilitating electronic delivery of plan communications and creating a new alternative 401k safe harbor design that would use higher default contribution rates. Those are just a few of the changes defined. Benefit plans will also be a big focus this year. Maybe the biggest retirement news, last week’s budget bill, is that it creates a new House Senate committee charged with producing a plan to solve the multi-employer pension crisis by December. Many Democrats have signed onto the ideas I just mentioned earlier, but they’ve also been reluctant to help push them forward. Without action on multi-employer plans, so whatever this Joint Committee is able to do could help break the log jam and lead to action on single employer plans too bipartisan. House legislation, for example, would rollback single employer PBGC premiums. Our deep expertise, powerful insights, and real-world solutions help the people and organizations we serve take steps today to secure a better tomorrow. - - - - - - - Mercer Website: https://goo.gl/rPDhV8 Twitter: @mercer https://twitter.com/mercer Facebook: @MercerInsights https://www.facebook.com/MercerInsights/ YouTube: mercervideo https://youtube.com/mercervideo
Views: 82 Mercer
BawldGuy Friends: John Park Explains IRA Contribution Limits
 
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IRA contribution limits are so often a subject rife with inaccurate info. John Park explains 401Ks are superior, and why he calls IRAs the ugly sister.
Convert Retirement Planning’s "aha!" Moments into Opportunities - Right on the Money - Part 2 of 5
 
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Sub Headline: Retirees are often surprised by retirement’s realities and remedies Synopsis: Effective retirement planning can begin in your early 40s by phasing in the impact of taxes that will ultimately come due. Workers who’ve accumulated pensions and are unfamiliar with annuities are often surprised to learn that their pension is likely based on the structure of an annuity. Whole-life insurance purchased for income purposes can provide tax-free distributions via policy loans (as long as the policy is kept in force for the life of the insured.) Watch the interview with retirement specialist John Shedenhelm. Content: Just when pre-retirees are ready to dial things down and enjoy the fruits of their labor, they often come to realize that taxes, which they thought would soon be a lesser expense in retirement, may actually be greater. The reason? Instead of having one or two primary sources of income from their active careers, couples often receive income from a several IRAs, separate pensions and 401(k) plans, in addition to Social Security. Though taxes are generally deferred through the accumulation phase, those obligations ultimately come due at distribution. Retirement planning specialists advocate methods that can shift the assets over time to reduce tax liabilities, and then re-purpose the funds into tax-free income products if the math makes sense. Many retirement account owners are surprised to learn about tax treatments that precede retirement. As early as age 59 1/2, owners can move money from qualified accounts into alternative investments, having bitten the tax bullet early. Again, if it makes math sense. This can be staged over multiple years to spread the tax hit, and this ultimately can reduce the amount of required minimum distribution (RMD) that begins at age 70½. On a side note, while many savers are familiar with the penalties on taxable distributions before age 59 ½, they’re shocked to learn that not taking mandatory RMDs can trigger a 50% penalty tax on the undistributed amount. Also generally new to account owners is guaranteed lifetime income without risk that can result from allocations to qualifying insurance policies and annuities. Deferred index annuities can provide account growth during up markets and are without risk of loss due to performance in down markets. But keep in mind that policies have expense that could generate a negative return. While this may be their first exposure to annuities, many investors who are pension holders don’t realize that their pensions are priced similarly of that of an annuity. In short, one need not be retired to manage retirement taxes. Through these and other tactics, retirees can take charge of their assets early and avoid market surprises that may not experience a timely recovery. Syndicated financial columnist Steve Savant interviews top retirement specialists in their field of expertise. In this segment we’re talking to retirement specialist John Shedenhelm. Right in the Money is a financial talk show distributed in daily video press releases to over 280 media outlets and social media networks. (www.rightonthemoneyshow.com) https://youtu.be/YlTbdcIXMJc
Roth IRA Millionaire 💸😎: How to Get Tax-Free Money Explained (2018)
 
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Who wants to become a Roth IRA millionaire???? If you hate paying taxes, then this video is for YOU! What’s better than being a millionaire? Paying a big fat ZERO 🚫 on the taxes of that million dollars. 💰 Reality check: Taxes are not fun ❌❌❌! Does anybody like paying taxes? #Nope So how can you get tax free money? I’m breaking it all down for you here in this video. Once the Roth IRA is explained to you, you'll be kicking yourself that you haven't started sooner. ➡➡➡And if you haven't opened a Roth IRA yet, here are some of my favorite online brokers to check out: ⬅⬅⬅ ✅ Betterment - Best company if you don't want to choose the investments. They do all the pickin' for you! https://www.goodfinancialcents.com/resources/betterment-youtube-roth-ira-millionaire.php 🆓💲5️⃣ Stash - Stash only requires $15 to open a Roth IRA. Best part, you get $5 for opening an account. #boom https://www.goodfinancialcents.com/stash These options let you pick the stocks, ETF's or mutual funds YOU want to buy. If you want more control ✊🏼 then these are the ones to pick: ✅ Ally Financial https://www.goodfinancialcents.com/resources/ally-youtube-roth-ira-milionaire.php ✅ TD Ameritrade https://www.goodfinancialcents.com/resources/tdameritrade-youtube-roth-ira-millionaire.php ✅ Etrade https://www.goodfinancialcents.com/resources/etrade-youtube-roth-ira-millionaire.php Don't want to mess with the stock market? Then take a look at Peer to Peer Lending giant Lending Club: ✅ Lending Club https://www.goodfinancialcents.com/resources/lendingclub-youtube-roth-ira-millionaire.php Here’s what you’ll learn in this new video: ▶︎ What kind of IRA can help you with taxes and actually SAVE you money. ▶︎ Meet your new BFF: Compound Interest. ▶︎ How much money can you put into a Roth IRA each year and avoid the taxes? ▶︎ What you can do if you don’t have a ton of money to get started investing. ▶︎ Where can you go to open a Roth IRA? I’ve got a few suggestions! The Roth IRA is one of if not the BEST investment tool for investors. But so many people don't take advantage of it - which drives me bonkers!! Some quick fun facts about the Roth IRA explained: ▶︎In 2018, you're allowed to put in $5,500 per year. That's $458.33 per month or $15.27 per day. ▶︎The money you put in (your contributions) are able to be withdrawn at any time (because it's after-tax contributions). Because of this I like to think as the Roth IRA as a savings account on steroids. ▶︎You can put almost anything inside the Roth IRA. This includes individual stocks, ETF's, mutual funds, peer to peer lending. ▶︎You can use it to pay for college or your 1st purchase of a new home without paying taxes or penalty. Now do you see why I love the Roth IRA? 😃 ★☆★Resources Mentioned in Roth IRA Explained Video:★☆★ ✅ Betterment https://www.goodfinancialcents.com/resources/betterment-youtube-roth-ira-millionaire.php ✅ Ally https://www.goodfinancialcents.com/resources/ally-youtube-roth-ira-milionaire.php ✅ TD https://www.goodfinancialcents.com/resources/tdameritrade-youtube-roth-ira-millionaire.php ✅ Lending Club https://www.goodfinancialcents.com/resources/lendingclub-youtube-roth-ira-millionaire.php ✅ Etrade https://www.goodfinancialcents.com/resources/etrade-youtube-roth-ira-millionaire.php 🆓💲5️⃣ Stash - Stash only requires $15 to open a Roth IRA. Best part, you get $5 for opening an account. #boom https://www.goodfinancialcents.com/stash Read more about how awesome the Roth IRA is on my blog: https://www.goodfinancialcents.com/roth-ira-rules-contribution-limits/ Here's a more comprehensive list of all the Roth IRA options: https://www.goodfinancialcents.com/best-places-to-open-a-roth-ira/ ★☆★ Want More Good Financial Cents? ★☆★ 💻 Check out my blog here: https://www.goodfinancialcents.com/ Listen to my podcast here: 🎙 https://itunes.apple.com/us/podcast/good-financial-cents-podcast-investing-building-wealth/id775107294?mt=2 Pick up my best selling book, Soldier of Finance, here: 📗 http://amzn.to/2xOH78V Connect with me on Twitter: https://twitter.com/jjeffrose My most favorite inspiration T-shirt line, Compete Every Day: 👕 https://www.goodfinancialcents.com/compete
Views: 22597 Jeff Rose
Federal Budget 2018
 
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This year’s Federal Budget is an ‘election budget’ with tax cuts for all Australians that will be funded by the Government’s higher than expected revenue. All-in-all, changes to super were fairly limited, with the Government focused on preventing the erosion of super funds with small balances. Please remember these announcements are subject to the passing of legislation. Changes to the marginal tax rate From July 2018, the 32.5% upper threshold is proposed to increase from $87,000 to $90,000. This will increase to $120,000 from July 2022, before increasing again to $200,000 from July 2024. Low and middle income tax offset The Government will also introduce the low and middle income tax offset of up to $530 which will apply from July 2018 to June 2022. The offset will be based on your income as shown in this table. Business taxation Business owners will continue to write off business assets of up to $20,000 until June 2019. To crack down on the black economy, from July 2019 payments in cash for good and services over $10,000 will be banned. Protecting your super From July 2019, exit fees will be banned on all super accounts, making it easier to consolidate multiple accounts. For accounts with a balance of under $6,000, fees will be capped at 3%. Self-managed super funds From July 2019, self-managed super funds will be able to increase the number of members from four to six. Self-managed super funds who have clear audit reports for three consecutive years will be able to move to a three-year audit cycle. Work test From July 2019, super members aged 65 to 74 who have super balances below $300,000 will be able to make voluntary contributions in the first year that they do not meet the work test requirements. Increase to the Age Pension Work Bonus Under the Age Pension Work Bonus scheme you will be able to earn up to $300 per fortnight, up from $250 without it affecting your age pension. The scheme will also be expanded to include the self-employed. Expansion of the Pension Loans Scheme Currently, the Government offers a reverse mortgage through the Pension Loans Scheme to part age pensioners to allow them to ‘top up’ their Age Pension to the maximum rate. From July 2019, full-rate pensioners will be able to increase their income by up to approximately $11,800 for singles or approximately $17,800 for couples per year. The current interest rate is 5.25% per year. The loan amounts will accumulate as a debt to the Government. The debt is repaid when the house is sold or it can be repaid any time before. Carer Allowance — now means tested The Government will introduce a $250,000 family income test threshold to the Carer Allowance payment. The Carer Allowance is currently not means tested. Aged Care An additional 14,000 high-level home care support packages will be introduced to assist with tasks such as cooking and transportation. From July 2018, the Government will combine the Residential Care and Home Care programs. This will provide greater flexibility for people when choosing a mix of home care and residential aged care. The Government will also release 13,500 residential aged care places and 775 short-term care places. Well we hope you have found this Budget summary useful, if you have any questions please get in contact. —————————————————————————— Lyle Greig - Profile | Adviser Ratings | LinkedIn | Twitter Website: http://www.bridges.com.au/lylegreig Adviser Ratings: http://www.adviserratings.com.au/advisers/lyle-greig/ LinkedIn: https://au.linkedin.com/in/lylegreigcfp Twitter: https://twitter.com/lylegreigcfp Retirement Planning Essentials Video Series: https://www.youtube.com/playlist?list=PLiHL3Ehe1EjdKa7l04BXmPyn7gHUidCAX Retirement Lab & Projections: http://www.bridges.com.au/retirementlab Financial Planning Guides: http://www.bridges.com.au/Tools_and_resources/financial_planning_guides Disclaimer - Bridges Financial Services Pty Limited (Bridges). ABN 60 003 474 977. ASX Participant. AFSL No 240837. This is general advice only and does not take into account your objectives, financial situation and needs. Before acting on this advice, you should consult a financial planner. http://www.bridges.com.au/disclaimer
TFSAs vs. RRSPs
 
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How are tax-free savings accounts different from registered retirement savings plans? James Fitz-Morris explains your options. »»» Subscribe to CBC News to watch more videos: https://www.youtube.com/user/cbcnews?sub_confirmation=1 Connect with CBC News Online: For breaking news, video, audio and in-depth coverage: http://www.cbcnews.ca Find CBC News on Facebook: https://www.facebook.com/cbcnews Follow CBC News on Twitter: https://twitter.com/cbcnews For breaking news on Twitter: https://twitter.com/CBCAlerts Follow CBC News on Google+: https://plus.google.com/+CBCNews/posts Follow CBC News on Instagram: http://instagram.com/cbcnews Follow CBC News on Pinterest: https://www.pinterest.com/cbcnews// Follow CBC News on Tumblr: http://cbcnews.tumblr.com »»»»»»»»»»»»»»»»»» For more than 75 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.
Views: 21166 CBC News
BawldGuy Friends: John Park 401k and Contribution Limits
 
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RA contribution limits are so often a subject rife with inaccurate info. John Park explains 401Ks are superior, and why he calls IRAs the ugly sister.
Views: 11 BawldGuy Investing
How to Set Up a Retirement Savings Account
 
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Watch more How to Manage Your Money videos: http://www.howcast.com/videos/169336-How-to-Set-Up-a-Retirement-Savings-Account It's never too early — or too late — to start saving for your retirement. Step 1: Know your rights Realize that even if you are already contributing to your company's 401(k) plan, you are free to establish an individual retirement account, or IRA, as well. Step 2: Think about a Roth IRA Weigh the advantages of a Roth IRA. Taxes are taken at the get-go so you can withdraw money tax-free in your golden years. You may remove money, penalty-free, before age 59.5 for certain reasons, like buying a home, you may keep your money in it as long as you like, and you may continue paying into it past age 70.5 if you have earned income. Step 3: Consider an IRA Consider a traditional IRA, which lets you defer paying taxes on the money you invest until you start withdrawing it at retirement. You can't contribute to an IRA past your 70th birthday, and you must begin taking distributions six months after that. Tip To qualify for a Roth IRA, your modified adjusted gross income can't exceed a certain amount. Check the Internal Revenue Service website (at "irs.gov":http://irs.gov) for current limits. Step 4: Investigate providers Find an IRA provider to set up your account. Options include banks, brokerage houses, mutual fund companies, credit unions, and insurance companies. Banks and credit unions put money in CDs, insurance companies park your IRA dollars in annuities, and brokerage and mutual fund companies let you pick stocks, bonds, and funds. Step 5: Ask about fees Before picking an IRA provider, ask about fees and commissions. Step 6: Diversify your investments Diversify your investments so that you're mixing stocks (both U.S. and foreign), bonds, real estate, and commodities. Check out the index funds offered at brokerage houses; they offer low-cost diversification. Step 7: Learn about self-directed IRAs If you're financially savvy and want to be a real estate speculator or help finance a new business, consider opening a self-directed IRA, which allows you to grow your retirement fund in nontraditional ways. To open one, search online for "self-directed IRA custodians." Step 8: Make investing automatic Make contributions to your IRA automatic by having them withdrawn from your bank account or paycheck. Step 9: Put in the maximum Put in the maximum allowed every year. You'll thank us later. Did You Know? Thirty-nine percent of Americans have an individual retirement account, according to the American Association for Retired Persons.
Views: 18475 Howcast
Annual Reporting for a Solo 401(k)
 
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How does one do the annual reporting for a solo 401k? What type of reporting is required for the plan. Do you, as the plan administrator file any type of tax return for the solo k? Want to learn more about retirement options and tips? Click here - http://www.CheckBookIRA.com Steve Sheppherd, the Founder of Check Book IRA www.CheckBookIRA.com Telephone 800-482-2760 Redmond OR | Scottsdale AZ | Minneapolis MN Transcript: No Reporting To: Custodian State Feds The annual reporting for a solo 401(k) is minimal. If your plan, even if you have you and your spouse are in there, or you and two other owners-- because, remember: you have to be an owner and an employee. You can have no employees that are not owners-- but even if you have multiple parties in there, until the plan reaches $250,000, there is no reporting to the IRS whatsoever. But once it reaches $250,000, there is one form. We will do it for a fee. But it's not hard to fill out, it's called Form 5500, and basically it's just telling the IRS, "Yes, everything's the same. The company's the same. The employers and employees are the same. The bank account's the same. We haven't changed our plan documents and yada, yada..." You know, it's just a reporting, it's not a big deal-- and how much funds, how much is in there. Not what the plan is invested in-- you don't have to disclose that, just, you know, it's very, very minimal. So the reporting for a solo 401(k) is awesome. If you don't have an LLC, there's no annual fee to pay to the state, there's no reporting to be done there. You have no custodial to answer to. So in that case, reporting is very, very minimal for a solo 401(k).
Views: 376 CheckBookIRAWeb
Solo 401k Pension Plan, What is 401 K Solo,
 
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http://www.sensefinancial.com/ Compare Self-Directed Individual 401k offered by Sense Financial with John Hancock 401k. This plan is also better than self directed IRA because of the benefits that it offers to those who are self-employed. Have SEP IRA? This 401k Plan Solo is better than Hartford retirement Plan or jp morgan retirement and nationwide 401k. New York life 401k does not offer the same advantages. Maximum 401k contribution contributions are allowed with Self-Directed Solo 401k Plan from Sense Financial. Contact us today for a free consultation: (949) 228-9394
Views: 185 SenseFinancial.com
Tony in the Trenches on Combining your 401K
 
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If you have multiple retirement accounts, can you combine them? If so, what are the taxes? Are there penalties? Tony Walker answers all of these in his latest Tony in the Trenches. Be sure to visit http://www.tonywalkerfinancial.com for workshop dates, suggested readings, and information on meeting with Tony. And be sure to Like Tony Walker Financial on facebook at https://www.facebook.com/pages/Tony-Walker-Financial/220468194766999
Investment Finance Tips : How to Combine Retirement Accounts
 
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It is possible to combine IRA accounts and pension plans with a few simple steps. Combine retirement accounts when possible, and make good financial decisions with tips and advice from an experienced financial adviser in this free video. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC
Views: 317 eHow
What Is The Maximum Loan From A 401K?
 
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MORE INFO: https://regalassets.com/request-free-gold-ira-kit?id=6118 https://regalassets.com/request-free-gold-ira-kit?id=6118 - Subscribe For more Videos ! For more Health Tips | Like | Comment | Share : ▷ CONNECT with us!! #HealthDiaries ► YOUTUBE - https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Facebook - https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Twitter - https://regalassets.com/request-free-gold-ira-kit?id=6118 ► G+ Community - https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Google + - https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Visit us - https://regalassets.com/request-free-gold-ira-kit?id=6118/ ► Blogger - https://regalassets.com/request-free-gold-ira-kit?id=6118/ Watch for more Health Videos: ► How To Avoid Unwanted Pregnancy Naturally: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Period Hacks || How To Stop Your Periods Early: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Cold and Flu Home Remedies: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Homemade Facial Packs: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► How To Lose Belly Fat In 7 Days: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Powerfull Foods for Control #Diabetes: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Natural Hand Care Tips At Home That Work: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► How to Tighten #SaggingBreast: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Natural Face Pack For Instant Glowing Skin: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Get Rid of Stretch Marks Fast & Permanently: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Eating Bananas with Black Spots: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Drink this Juice every day to Cure #Thyroid in 3 Days: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► How Garlic Improves Sexual Stamina? https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Benefits of using Egg Shells: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Home Remedies to Gain Weight Fast: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Amazing Benefits of Olive Oil for Health: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Rapid Relief of Chest Pain (Angina): https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Home Remedies for Joint & Arthritis Pains Relief: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► SHOCKING TRICKs For #Diabetes Control: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Doctors Are Shocked! #Diabetics: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Home Remedies for Gastric Troubles: https://regalassets.com/request-free-gold-ira-kit?id=6118 ► Juice for #Diabetics Type 2: https://regalassets.com/request-free-gold-ira-kit?id=6118 --------- Maximum loan amount. The maximum amount a participant may borrow from his or her plan is 50% of his or her vested account balance or $50,000, whichever is less. An exception to this limit is if 50% of the vested account balance is less than $10,000: in such case, the participant may borrow up to $10,000. Aug 27, 2017 the maximum amount that plan can permit as a loan is (1) greater of or 50the participant may borrow from his her 50. Mar 16, 2016 loans from a 401(k) are limited to one half the vested value of your account or maximum whichever is less. For example, if your account balance is the maximum amount 401k loan retirement plan means you're borrowing a portion of money repayment terms are typically extended to 10 years and when you borrow from 401(k), sign agreement that spells out irs limits can at lesser or jun 15, 2017 employers now have bit more clarity it comes determining how calculate participant's 401(k) they judy has vested wants take available her in. 401k loan retirement plan loans smart401k. 401k loan limit calculator, 401k loan schedule, calculates the if i have a 401(k) loan, can i get another loan prior to repayment solo 401k loan rules and regulations my solo 401k financial. This one's easy because, if you remember, a participant irc 72(p)(2)(b) says that there is an exception to the 5 year repayment rule for home loans. How much may i borrow from my 401(k)? The 401k loan how to money your retirement plan 401(k) eligibility, taxes, and repayment terms the balance. On our emergency fund in a time of need, and continue adding the maximum 401k contribution aug 12, 2017 if your 401(k) plan does allow loans, law states that amount you can borrow will be or 50 percent vested balance all retirement as new loan date use different method for calculating limits, but limit must (less than to calculate second loan, first difference between highest outstanding during we prepare solo documents 24 hours. The dangers of
Views: 8 Dorris Larrimore
18: How to grow your IRA/401k to $100m tax free like Mitt Romney
 
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Joshua Sharp of www.CompleteIRA.com is one of the most highly touted experts in retirement planning and investing. He turns the topic of retirement planning into a very exciting episode by illuminating some modern approaches to investing and growing wealth within tax free structures. We dive into how Mitt Romney was able to generate $100m in tax free earnings in his IRA, and most importantly navigate some real world examples to give the listeners a shrewd example of how they may consider better structuring their own accounts. If you have ever wonder how IRAs, 401Ks, SEPs and a variety of other structures may be utilized to optimize your retirement savings than this is a great episode for you. We took a lot away from this episode and are making changes in our own retirement planning. Full Show Notes: http://investlikeaboss.com/ilab-18-how-to-grow-your-ira401k-to-100m-tax-free-like-mitt-romney/ Relevant links for guest: www.completeira.com Where are we: Sam – Kiev, Ukraine Joshua – Portland, Oregon Additional Links: Turn $50k into $3 Million with SEP-IRAs – ILAB 05 Time Stamp – Topic: 02:45 – Fundamentals of retirement planning 06:00 – Why retirement accounts are not for everyone 07:30 – 401Ks are a safer structure than IRAs 08:25 – IRA vs 401K fundamentals 14:00 – Investing in yourself for retirement 17:55 – Solo 401Ks for earned income savers 20:00 – Diversifying your retirement accounts 25:35 – Utilizing multiple retirement accounts 31:37 – Traditional vs. ROTH 34:20 – Why traditional accounts may be a gamble 39:25 – Converting traditional funds to a ROTH account 43:50 – Keeping structures simple 45:25 – Will the Government mess with our retirements? 52:40 – A self directed IRA gives you a lot of investing flexibility 1:01:15 – How Mitt Romney grew his IRA to $100m 1:06:30 – Ditch your SEP for a Solo 401K 1:14:00 – Is there a minimum age for retirement plans? 1:21:00 – advice for employees with earned income If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.
Views: 1112 Invest Like a Boss
Retirement Withdrawals before 59 1/2, Without A Penalty?
 
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Click this link to get your copy! http://lethemonfinancial.com/freeretirementguide How To Retire Happy, 7 Simple Steps To Creating Your Ideal Retirement I'm going to show you how to take retirement withdrawals from your retirement accounts before you turn 59 1/2, and do it without paying a penalty. You may be thinking about retiring early, but may not be sure exactly how to do it. If you're like a lot of people you probably have a most of your retirement savings in tax deferred accounts like IRA's and 401k's. We all know since the time we got into these accounts that we couldn't touch the money until we turned 59 1/2 without getting hit with a 10% penalty. Well, there are actually 4 ways that you can take retirement withdrawals before 59 1/2 without paying the 10% penalty. The first is the Age 55 rule from a qualified plan. If you separate service from your company on or after your 55th birthday, you can access the money in your company sponsored retirement plan without paying the 10% penalty that normally would apply to early distributions. This rule only applies to company sponsored retirement plans like your 401k. Once you rollover to your IRA, you no longer have this option available. As with any tax deferred account distribution, ordinary income taxes will still apply, but the 10% penalty will be waived. Here's how it works: Let's say you have a 401k with $500,000 in it and you retire at 56. You figure you need about $50,000 to get you through the next 3 1/2 years. So you take a penalty free distribution from your 401k for the $50,000, then rollover the remaining $450,000 into a self directed IRA to continue the tax deferral on that portion. Next is Regulation 72t. Regulation 72t refers to a section of the IRS tax code that allows for penalty free withdrawals from IRA accounts. Whereas the age 55 rule applies only to qualified employer plans, regulation 72t is just for IRA accounts. Again, as with any tax deferred retirement account distribution, you still have to pay the taxes, but what we're talking about here, is how to avoid the normal 10% penalty. You can elect 72t at any age as long as you follow the 3 rules. The payments must be "substantially equal". You must use one of the three distinct methods of calculating what your annual payment is each year. Your Payments must continue for 5 years or until you turn 591/2 whichever occurs later. Regulation 72t is a complex tax strategy and should not be implemented without seeking appropriate advice from a qualified financial professional. Take a loan Not my favorite, but another option that may be available is to take a loan from your 401k account before you retire. 401k's generally allow you to borrow 50% of your account value up to a maximum of $50,000. One advantage is that you don't have to pay taxes on the loan amount, however, the disadvantage is that you lose the growth on your money. Before you do this, check with your plan provider to make sure you can keep the loan open after you retire. Even if your employer does allow you to keep the loan after you retire, it will likely prevent you from rolling over your 401k to an IRA. Also, make sure to keep up on your payments, otherwise the outstanding balance of the loan will become taxable and may be subject to penalties if you are under age 59 1/2. After Tax Distributions You may have money in your company retirement plan that has already been taxed. If you do, this can be another source of money that you can access before 59 1/2. The after tax portion of your account consists of two parts. The portion that you contributed after tax, and the earnings on your after tax contributions that have not been taxed. Even though the IRS rules allow you to roll the entire account over to your IRA. If you roll over after-tax contributions you will be required to keep track of what portion of every future IRA withdrawal is taxable and what part is non taxable. We don't recommend this. The preferred method is to rollover all of your pretax money to your IRA account, and then take a check for the portion of your account that has already been taxed. When you receive this check it is a non-taxable event. This money has already been taxed and therefore you can do whatever you want with this money. Depending on how much you have in your after tax portion of your account, this can be another great way to get access to some of your money, not only penalty free, but tax free as well, in order to fund an early retirement. If you want to get more tips and strategies like this, click on the link below to check out my Free Retirement Readiness Guide, 7 Step Action Plan to Creating Your Ideal Retirement!
Views: 56989 Money Evolution
Retirement Plan | Take the first step in maximizing your retirement income with annuities
 
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Finding great annuities for your retirement plan and portfolio is now easy. With http://findannuities.com you can instantly compare rates side-by-side so you can choose the best option that meets your needs and budget. According to a recent study by the Center for Retirement Research, the average 401(k) account of 60-62 year olds in America have only 25% of the income needed to maintain their standard of living at retirement. Forward-thinking retirees who don't want to lower their standard of living use annuities. Annuities not only provide income for as long as you live, but are also safe, secure, and tax-beneficial. With annuities you get: rates higher than bank CD's; interest rates up to 8% p/a; and the upside potential of stocks, without the risk. No other investment vehicle can make these promises. Take the first step in maximizing your retirement income. To find out more, just go to: http://FindAnnuities.com Enter your zip followed by some basic information and see if an annuity is right for your retirement portfolio. You'll be amazed when you find out, the high annual returns you can get with annuities. ********************************** For your convenience, we have also listed the official US securities and exchange commission for anyone seeking further information about Annuities. http://www.sec.gov/answers/annuity.htm ********************************** ** After you claim your FREE annuity report, please pass the following message to everyone you know; via email, Facebook, Twitter, Pinterest, Myspace, Google+ so they can download their free report as well: Just copy & send this message below: Hey there, Find out if an annuity is right for your retirement portfolio. Watch this video then follow the link: http://www.youtube.com/watch?v=7-IfN1MgHMI You'll be amazed when you find out, the high annual returns you can get with annuities **********************************
Views: 111 Daniel Harris
Your pension plan
 
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For details on your pension, visit your retirement fund website: Teachers Retirement (MinnesotaTRA.org) Public Employees Retirement Association (MNPERA.org) Minnesota State Retirement Systems (www.MSRS.state.mn.us)
Do’s and Don’ts of Retirement Savings - Right on the Money – Part 2 of 5
 
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Sub Headline: Different Rules Apply for the Employed and Their Employers Synopsis: Though a shared goal, retirement is achieved differently by employers and employees. Both groups utilize savings from earnings to fund their retirements, however, changing times and regulations provide employers with often overlooked advantages. Employees should utilize available savings opportunities and maintain strict oversight of their retirement accounts. Watch the interview with retirement expert Nick Paleveda, JD, MBA. Content: Few people want to work forever, and many envision retiring on Day 1 of their careers. Getting to that point can be a battle, whether the aspiring retiree is the employee or the employer. There are variations for each party, and adhering to the fundamentals of saving will help. Upholding one’s retirement plan is essential due to the steady decline of defined benefit plans (pensions) administered by employers, and the rising popularity of 401(k) plans since 1980. In short, the retirement planning burden has shifted from employer to employee. Employers: Do provide employees with a retirement savings channel, which gives the employee an opportunity to shelter income from immediate taxation and build their future. Compared to employer-funded pensions, 401(k) plans shift the savings burden to the employee and require less ongoing and future administration by the employer. If you’re self-employed or a small business owner you may not want to fund your retirement through a 401(k) – it’s tax inefficient. Do fund it through your own fully insured define benefit plan, which offers contribution deductions against Unemployment, Social Security and Medicare taxes, unlike 401(k) contributions, which only reduce federal and state taxes. Employees: Do recognize the limits of Social Security – it’s not an income substitute - and accept responsibility for planning and funding your retirement. Do become informed, especially about the rules and limits of an employer’s 401(k) plan. Don’t miss any “free money” matching contributions that employers provide, since they can’t be repeated or re-claimed. Don’t raid or borrow from a 401(K) to fund a child’s college education, a new home or the next “shiny object” like a car, that will immediately depreciate. Penalties may also apply. Employers and Employees: Do strive to accumulate positive equity from stocks, bonds and annuities that can grow over time. Don’t leave a 401(k) behind when changing jobs. Millions of accounts and $1 trillion dollars in retirement savings are considered abandoned Syndicated financial columnist Steve Savant interviews best selling author, popular platform speaker and retirement expert Nick Paleveda, JD, MBA. Right on the Money Show is an hour long financial talk distributed to 280 media outlets, social media networks and financial industry portals. (www.rightonthemoneyshow.com) https://youtu.be/QmVOFOYtgh0 https://youtu.be/ufOltdqiPIk
Keys to Investing in Retirement | S. 2 Episode 31
 
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There’s over $24 trillion of retirement assets sitting in retirement accounts, waiting to get tapped to create income (Source: Investment Company Institute). These accounts, however, are taxed at ordinary income, the highest of tax rates. How should you invest these assets and what should the allocation look like? This episode of “Your Money, Your Wealth” is about putting a plan in place when it comes to your investment strategies in retirement. Find out if you have enough to retire and how to set up a growth plan for your net worth. A successful retirement starts with a plan—tune in to start yours today. 1:48 “Figure out what your target is; what are you trying to accomplish? What kind of lifestyle do you want to live? Know what you’re shooting for” 2:24 “Did you know that over 90% of your rate of return has everything to do with what assets you have in your portfolio, not the stocks that you pick? 5:47 “All of those [retirement] assets are taxed at the highest of rates: ordinary income. The bulk of the savings are in those retirement accounts” 7:47 “Did you know (according to the Federal Reserve Bank) the national savings rate hovers around 5%?” 10:40 “To catch up, make the most of your multiple accounts; if your employer matches your contributions, try to max out the contributions and take advantage of catch-up contributions” 11:14 “The implementation of any idea is really where the rubber meets the road, but if you don’t have somebody there kind of coaching you a little bit as you go along and keeping the end goal in mind, sometimes it’s easy for us to sway and get short-term in our thinking” 12:58 “If I’m trying to get the highest return possible, I’m taking the most risk possible” 14:30 “Most of us need to be invested in stocks and bonds” 15:16 “Unfortunately, the financial services industry is not very transparent; you don’t necessarily understand what you’re paying” 17:47 “You want to look at the fees, the costs and what you’re really getting inside those annuity contracts” 19:32 “If you take a look at the academic studies, your asset allocation could be the most important component of your overall investment strategy; you want to make sure you have a solid game plan when it comes to creating retirement income” 22:19 “One of the biggest mistakes people make in retirement is that they’re still funding their kids” 24:17 “Here’s the caveat when it comes to inherited retirement accounts: you will have to take a required distribution based on your life expectancy” Aired 8/8/15 If you live in southern California and would like to schedule a free assessment with one of our CFP® professionals, click here: https://purefinancial.com/lp/free-assessment/ Make sure to subscribe to our channel for more helpful tips and stay tuned for the next episode of “Your Money, Your Wealth.” Channels & show times: http://yourmoneyyourwealth.com http://purefinancial.com IMPORTANT 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.
Finance & Investment Tips : What Are Allowable IRA Contributions?
 
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When contributing to an IRA, the general rule is the more money a person makes the more they can financially contribute without government tax repercussions. Invest in an IRA as a solid tax strategy and to save for retirement with tips from a registered financial consultant in this free video on finance and investment. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC
Views: 128 eHow
401K Investing: (How Should I Invest In my 401K?) Real Example Of 401K Portfolio and Allocations
 
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401K Investing: (How Should I Invest In My 401K?Real Example Of 401K Portfolio and Allocations) My 401K Investments and Allocations. Free spreadsheet Included You can follow the links here to download the spreadsheet: https://www.dropbox.com/s/t7dwviqzk807esb/my%20401%28K%29%20investments%20and%20why%20I%20chose%20them.xlsx?dl=0 Video Outline and Time Stamps so you can quickly jump to any topic: • How many funds I currently own in my 401(K) - 1:07 • My 401k investment allocations - 1:45 • How much of my 401k is in stocks - 2:50 • Why i'm invested this way in 401K - 4:15 • The downsides of my investment allocation - 5:40 • My 401K Fund performance - 7:30 • How much i contribute per month to my 401k - 8:10 • Other factors to consider before investing in 401k - 9:50 My current complete 401(K) Investing Playlist: https://www.youtube.com/playlist?list=PLSofnwEEZdUyA9zJ6dpNRm-rOxsG515C8&disable_polymer=true How many fund should I own in my 401k? I currently own 5 mutual funds. I used to own four. The financial advisor that comes to my firm encouraged me to invest in non domestic equities so I started allocating future contributions into this new fund. As you can see here I have about 15% of my portfolio in Non U.S Equities. How do I allocate my 401K funds? Asset Allocation – As you can see 80% of my current holdings are in large growth “Blue Chip” type of mutual funds I’ll explain why in a moment. I own 97% stocks in case you are wondering. I’m not big on bonds at the moment. There is certainly some overlap between the two funds in terms of having similar investments, but I’m ok with that as long I believe that the companies within the fund is invested in are solid companies. Why I’m currently invested this way? There are a few reasons I’m invested this way. I want to take a moment to explain why that is so you can understand my mindset. - Age 33 years old at the time of making this video. I can afford to take risks. Especially since I plan on working at least another 30 years. I need this money to grow. - We have other investments. We have a brokerage account and 2 Roth IRAs that we consistently invest in each month. In those accounts we primarily invest in dividend paying blue chip stocks, REITs, etc. Are investments are more conservative in these accounts which is why I’m so focused at achieving growth in my 401(K) The downsides of my currently investment allocation – When the stock market finally does crash my investments are doing to go down pretty hard, possibly more than the S&P 500, because my portfolio’s beta is slightly higher than 1.06. I know we are due for a major correction or crash, but I am totally ok with this at my age. I would love to this thing crash while I’m still young. I’m going to keep investing either way, because it is nearly impossible to correctly time the market. The good news is my current portfolio’s sharpe ratio is slightly better than the S&P 500. How are my 401K funds performing? Obviously we have been in a bull market for around 10 years now so my investments have been performing well. I’ve been able to achieve around a 10% return or higher every year on my investments. In 2017 I had a total return of 28%. I realize these results will not last forever, but they are good for now. YTD performance for 2018 is around 10% How much I contribute to my 401K per month? Currently I contribute $1,000 per month to 401(K). When I first started I think I only contributed about $300 per month. Plan to keep increasing this amount overtime by $100 per year if possible. Why do I not max out my 401K? I want to stay flexible with our investment choices outside of our 401K) plans. I can go into more detail on this in a future video with you guys. Will these 401(K) Investment allocations change overtime? Yes, my next move is to allocate future contributions to a small cap growth fund. Small-caps have been doing pretty well in my opinion. Maybe 5 – 10%. Other important factors we take into consideration before we invest in our 401(K). Things to consider before investing in your 401K - The ability to save 25% - 50% of our net monthly income after 401(K) contributions. This very important to us, because if we can save and invest 50% of our income throughout our life we have a good shot at building wealth, and having a good retirement. - No debt besides mortgage. If I had other debt I would probably not be investing as heavily. - About 20% of our net worth is in cash so we can take advantage of a market crash, especially in the area of real estate. ♦ Investing in the stock market!: https://goo.gl/yVAoES ♦ Save money, budget, build wealth and improve your financial position at any age: https://goo.gl/E97nJj You can find our content on other internet planets such as....... My Website: Moneyandlifetv.com Twitter: https://twitter.com/Mkchip123 Facebook: https://www.facebook.com/moneyandlifetv/
Views: 435 Money and Life TV
IRAs in 2014: 4 Facts You Should Know
 
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New Year's is a great time to think about making positive changes for your financial life in 2014, and taking a look at IRAs in 2014 is definitely one great way to take a step forward. But many people don't know the basics of IRAs. In the following video, Dan Caplinger, The Motley Fool's director of investment planning, looks at four key facts you should know about IRAs. Dan notes that you can still make an IRA contribution for 2013 as long as you get it done by April 15. Moreover, the amount you can contribute remains the same in 2014, with those under 50 able to put $5,500 in an IRA and those 50 or older getting a higher $6,500 limit. Dan then discusses the tax benefits of IRAs, noting that some people with high incomes and retirement plans available at work aren't allowed to deduct their IRA contributions. Dan concludes by discussing the true value of IRAs, noting that the tax deferral lets you rebalance core-portfolio holdings like Vanguard Total Stock (NYSEMKT: VTI) and iShares Russell 2000 (NYSEMKT: IWM) without suffering tax consequences. He also talks about how owning Netflix (NASDAQ: NFLX), Celgene (NASDAQ: CELG), and other high-growth stocks in an IRA gives you more flexibility to consider options without worrying about taxes. Investing made simple: The Motley Fool's essential guide to investing is now available to the public, free of cost, at http://bit.ly/1atRpHZ. This resource was designed to cover everything that new investors need to know to get started today. For your free copy, just click the link above. Visit us on the web at http://www.fool.com, home to the world's greatest investing community! ------------------------------------------------------------------------ Subscribe to The Motley Fool's YouTube Channel: http://www.youtube.com/TheMotleyFool Or, follow our Google+ page: https://plus.google.com/+MotleyFool/posts Inside The Motley Fool: Check out our Culture Blog! http://culture.fool.com Join our Facebook community: https://www.facebook.com/themotleyfool Follow The Motley Fool on Twitter: https://twitter.com/themotleyfool
Views: 1580 The Motley Fool
What is Defined Contribution?
 
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With a defined contribution, companies provide one lump sum of money and YOU get to decide how to spend it on a selection of benefits options. Traditionally, companies decided each year how much they want to contribute toward each benefit that they offer to employees. But with a defined contribution, you have more control over how you use the money provided by your employer, because you get to choose how to spend that money across multiple benefits. Much like a gift card that you can use at any store in a mall, a defined contribution is like a gift card from your employer that you can use to purchase a variety of different benefits. However, your employer may have specific rules about how the money can be used, so check with HR to learn more.
Views: 92 PlanSource
05 Three sources of income in Retirement: Retirement Planning 2014
 
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http://cornerstonewealth.com.au http://christiansuper.com.au Gavin Martin, Financial Adviser and the Managing Director of Cornerstone Wealth explains Three broad sources of income in retirement: 1. Superannuation 2. Government Age Pension 3. Other savings / investments 12 times rule $60,000 p.a. income * 12 = $720,000 capital Disclaimer This presentation has been prepared without taking into account the personal objectives, financial situation or needs of any person. You should consider the appropriateness of the information presented having regard to your own objectives, financial situation and needs and obtain professional financial advice prior to making any decision. Before making any decision about whether to acquire any financial product, you should obtain and consider the information contained in the relevant Product Disclosure Statement. © Cornerstone Wealth 2014. All rights reserved. No part of this presentation may be reproduced in any form without the prior permission of the copyright.
Views: 307 Gavin Martin
What is a 401k and Mutual Funds explained. Snowflakes must listen
 
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Instagram Zachmiller424 Explaining how the 401k works and how Must Americans retire with Money. Snowflake Help at the end
Views: 946 Z Mills
Benefits of Self Directed IRAs | CheckBook IRA LLC Video
 
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Learn the difference between a Self Directed IRA and a regular IRA taught by the experts at Check Book IRA. More videos at http://www.CheckBookIRA.com Jordan Sheppherd, CEO, Check Book IRA, Llc Telephone 800-482-2760 Redmond OR | Scottsdale AZ | Minneapolis MN Transcript: In this first lesson, we're going to talk about IRAs and go over some of the history of these accounts and why they came into existence. We are going to tell you why custodians have restricted your ability to invest in what you want and then finally we will talk a little bit about Self-Directed IRAs and how they work. But we are going to go a little bit more detail on that subject on lesson two. I will not go through the entire history of the IRAs but just to give an overview. There was actually a time when the only way you could save your retirement in a tax preferred account was if you have actually have a pension, and the only way you get a pension was if you work for a company that offered one. In 1974, the congress address this issue by creating individual retirement account or IRAs. This kinds of accounts can be open by anyone and as long as you earn an income you could make a contribution to it. Technically, IRA is a trust and the custodian is the trustee. Anytime the IRA engages in any transaction, to buy, to sale, to loan money, to distribute the money, etc. or anything at all, it is the trustee that actually facilitates or carries out that transaction. You can see why if you want your IRA to buy stocks in let us say like apple computer. You could not do it yourself, you’d have to call your custodian and tell them what stocks you wanted to buy and then they’re the once who would actually carry out that transaction on behalf of your IRA. There were a couple of problems with IRAs when they were first created. First of all, the contribution when it was only fifteen hundred dollars per year. So, you could not exactly put very much money in this account. The second problem was the fact that the company met all the federal requirements to be a custodian or a trustee were banks and this banks has made a lot of money by recommending traditional investment to their clients and collecting referral fees for that. When they began offering IRAs, they restricted the IRAs ability to invest than anything but to stock market. It is perfectly legal for an IRA to buy real state or other non-traditional investments but the banks would not let you invest on those things. Since they were the trusty of the IRA they would simply refuse to facilitate any investment that was outside the stock market. Here we have this trust accounts, these IRAs that had been created by act of congress and could according to the law, invest anything but life insurance and collectible but from the start they are been hampered by this custodian. This bring as to self-directed IRAs. Eventually, the law was change so as to allow people to roll their pensions into their IRA. All of a sudden people started moving money from their pensions to their IRA and some of this them had quite a bit money to move. For the first time, people begin to have a lot in their IRA. As they felt the restriction that the custodians place on their account to keep them in the stock market, they begin to look at the law and found that IRAs actually did not have to invest just in the stock market. They found out that IRAs can buy anything but life insurance and collectible. This was where the self-directed custodian was born. A self-directed custodian is no different than any other IRA custodian except that the self-directed custodian allows an IRA to invest anything that is legal and they do not sale investment to their clients. Do you want to buy real state? Fine. Do you want to make hard money loan to your neighbor? Also fine. A self-directed custodian will allow you to invest in anything you want as long as the IRA law allows it; if it’s legal, they will facilitate the investment. An IRA that is held by a self-directed custodian is called a self-directed IRA. You can see know that a self-directed IRA is actually no different than any other IRA. The only different that it’s held by a custodian that will let you invest on what you want. Traditional IRA will, let’s say fidelity, for example is no different from traditional IRA with IRA Services trust companies which is the custodian that we use. Both IRAs are the same and so were the custodians but the self-directed custodians does not restrict what your IRA can invest in.
Views: 6381 CheckBookIRAWeb
Open a Traditional IRA and Convert to Roth | Fidelity
 
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Roth IRAs can be an attractive option for many investors as part of their overall retirement planning, providing the potential for tax free growth and withdrawals in retirement, as well as other potential benefits. View these videos to learn about Roth IRAs and how three investors, all with different situations, were able to gain the Roth IRA's potential benefits. To see more videos from Fidelity Investments, subscribe to: https://www.youtube.com/fidelityinvestments Facebook: https://www.facebook.com/fidelityinvestments Twitter: https://www.twitter.com/fidelity Google+: https://plus.google.com/+fidelity LinkedIn: https://www.linkedin.com/company/fidelity-investments Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, Rhode Island, 02917 683689. 6.0
Views: 1929 Fidelity Investments
BEST INVESTING IDEAS | MARCH 2018 STOCKS, ETF's, FANG
 
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The stock market has been very volatile during the month of March 2018. In this video I discuss 12 option from multiple areas of the stock market which could provide you with optimal entry points. If you are looking to get invested and make money over the long term this will provide an insight to 12 of my ideas to consider to help you build a strong investing portfolio. Make #money by #investing in and #buying #stocks on the #stock #market. My strategy of #Self #Directed Investing helps new #investors #invest hard earned #retirement #dollars and eliminate the impact of fee based services and tax implication. #Compounding interest calculator and fee comparison tool: http://www.tradingacademy.com/resources/calculators/compare-investment-fees.aspx ----The following equipment was used to produce this video---- Camera: http://amzn.to/2r4PWKX (Hero 4)(Old videos) Camera: http://amzn.to/2sc4Alk (Hero 5)(New videos) Tripod: http://amzn.to/2sceOlG Lighting: http://amzn.to/2rxXE1G Desk: http://amzn.to/2sc0s4K Microphone: http://amzn.to/2sLGTgz Citizen Watch: http://amzn.to/2s5LAny Top 5 Investing Books and Videos: "Becoming Warren Buffet": http://amzn.to/2g616t1 "America 20/20" by Stansberry Res.: http://amzn.to/2fGXWLr "Unshakeable" by Tony Robbins: http://amzn.to/2kihGul "Real Money" by Jim Cramer: http://amzn.to/2xOQzdn "The Intelligent Investor": http://amzn.to/2xbQMdn DISCLAIMER: This video and description contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for the support! DISCLAIMER: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read and/or view here. One singular mission: Share with every viewer the best kept secret in the Financial Wold! It's a secret that money managers don't want you to know about. Here it is: You can own/trade individual stocks, #etf's, own #index funds and limited partnerships or bond funds all within your roth ira account! The secret is in the type of account you need to start. The self directed account. You will not hear this from your financial planner. This relatively new service is available to anyone who opts to take charge of their own financial future and can do so by starting a self-managed Roth IRA. Any roth account will provide tax shelter and allow for contributions and earnings to be withdrawn at age 59.5 years old. However, only a self-managed account can maximize profits through wealth preservation by eliminating fees charged to traditional investment accounts. Cumulative growth, dividend re-investment and compounding interest can all work to maximum potential for you free of the damaging effect of fees from traditional managed account types. It's an exciting time to be an independent investor. Accelerate your returns by building a passive or active portfolio using my 22 years of experience and foundational approaches that are easy to understand and take little to no experience. Just a little initiative will result in stepping into a whole new world of accelerated profits and financial security for you, and your family. No too accounts are the same. Investment tolerances differ. That makes it even more important for you to pay attention to and learn some of the basic terminology, potentials, account types and use them to align your specific financial plan with your financial future. See what it's like to become an Independent Investor. It may be the most financially liberating move you could ever make in your life!
How to Invest in the Stock Market | For Military
 
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How to invest in the stock market and how to invest for military people are important questions to answer. Investing in the stock market through a self managed Roth IRA and the Military TSP will set military individuals up for success for retirement. Compounding interest calculator and fee comparison tool: http://www.tradingacademy.com/resources/calculators/compare-investment-fees.aspx ----The following equipment was used to produce this video---- Camera: http://amzn.to/2r4PWKX (Hero 4)(Old videos) Camera: http://amzn.to/2sc4Alk (Hero 5)(New videos) Tripod: http://amzn.to/2sceOlG Lighting: http://amzn.to/2rxXE1G Desk: http://amzn.to/2sc0s4K Microphone: http://amzn.to/2sLGTgz Citizen Watch: http://amzn.to/2s5LAny DISCLAIMER: This video and description contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for the support! DISCLAIMER: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read and/or view here. One singular mission: Share with every viewer the best kept secret in the Financial Wold! It's a secret that money managers don't want you to know about. Here it is: You can own/trade individual stocks, etf's, own index funds and limited partnerships or bond funds all within your roth ira account! The secret is in the type of account you need to start. The self managed account. You will not hear this from your financial planner. This relatively new service is available to anyone who opts to take charge of their own financial future and can do so by starting a self-managed Roth IRA. Any roth account will provide tax shelter and allow for contributions and earnings to be withdrawn at age 59.5 years old. However, only a self-managed account can maximize profits through wealth preservation by eliminating fees charged to traditional investment accounts. Cumulative growth, dividend re-investment and compounding interest can all work to maximum potential for you free of the damaging effect of fees from traditional managed account types. It's an exciting time to be an independent investor. Accelerate your returns by building a passive or active portfolio using my 22 years of experience and foundational approaches that are easy to understand and take little to no experience. Just a little initiative will result in stepping into a whole new world of accelerated profits and financial security for you, and your family. No too accounts are the same. Investment tolerances differ. That makes it even more important for you to pay attention to and learn some of the basic terminology, potentials, account types and use them to align your specific financial plan with your financial future. See what it's like to become an Independent Investor. It may be the most financially liberating move you could ever make in your life!
The BawldGuy Explains: 401K vs Real Estate Part II
 
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Learn about all aspects of financial planning and retirement from The BawldGuy. Which is better for your situation? 401K or real estate... find out in the second video on the subject.
Views: 224 BawldGuy Investing