Are you looking to pay less on your taxes? 💰💰 Then THIS video is for you! The strategy I talk about here can make me $110,000 tax-free. #HOLLA 🎉 So what’s the secret trick? And is it even legal? In this new video 🎥, I’m sharing why I love the Roth IRA so much. With details including everything from what is a Roth IRA conversion to what I like to call, the Backdoor Roth IRA. Reality is, there are easy ways to save and make money using a Roth IRA. Check it out for all the details. Here's what you'll learn in this new video: ▶︎ How can the Roth IRA be your new BFF? ▶︎ What is my Roth IRA story and how did I max it out before being phased out from making too much income? Here are all the details. ▶︎ What did rolling over a 401k look like for me? ▶︎ What’s the absolute worst strategy you can use to try and protect yourself from a stock market crash? ▶︎ What’s a Roth IRA conversion and is it really the best idea for YOU? ▶︎ How I’ve made almost $80,000 gain on this one stock ▶︎ What I learned about trusting my gut on when to buy with this stock (hint: I avoided the IPO). ▶︎ What’s the backdoor Roth IRA? And how can you use it to your benefit? ★☆★ 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
When creating a tax-efficient investing strategy sometimes it makes sense to use the "back door." Maria Bruno and Joel Dickson of Vanguard's Investment Strategy Group explain a strategy that can allow high-income investors to utilize a Roth IRA as a wealth management tool. All investing is subject to risk, including the possible loss of the money you invest. Withdrawals from a Roth IRA are tax free if you are over age 59½ and have held the account for at least five years; withdrawals taken prior to age 59½ or five years may be subject to ordinary income tax or a 10% federal penalty tax, or both. This webcast is for educational purposes only. We recommend that you consult a tax or financial advisor about your individual situation. © 2013 The Vanguard Group, Inc. All rights reserved.
Learn to budget, beat debt, & build a legacy. Visit the online store today: https://goo.gl/GjPwhe Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
1/18/2018 Webcast: Tax and estate planning in a changing environment The new tax laws say “yes” to conversions from traditional IRAs to Roth IRAs but “no” to reversing all Roth conversions made in 2018 and going forward. Important information All investing is subject to risk, including the possible loss of the money you invest. There is no guarantee that any particular asset allocation or mix of funds will meet your investment objectives or provide you with a given level of income. Diversification does not ensure a profit or protect against a loss. This webcast is for educational purposes only. We recommend that you consult a tax or financial advisor about your individual situation. Advice services are provided by Vanguard Advisers, Inc., a registered investment advisor. © 2018 The Vanguard Group, Inc. All rights reserved.
You may wish to consider the tax implications of converting your traditional IRA to a Roth. But think about this strategy carefully. Some tips for determining if a Roth conversion makes sense.
Waiting until April to make your contributions can lead to missed opportunity. Plus, tips about backdoor Roth IRAs and the benefits of spousal IRAs. For all Morningstar videos: http://www.morningstar.com/cover/videocenter.aspx
When talking about the Roth IRA there are many things people misunderstand. One of them is the 5 year rule that applies to the Roth IRA. Any contributions that you make to a Roth IRA are ALWAYS available for you to withdrawal at anytime. Even if you are not currently of retirement age you can still take out any contributions you make to a Roth IRA. The 5 year rule applies to those that are currently of retirement age only and affects the gains in the Roth. The other is the tax ramifications of withdrawals from a Roth IRA. Of course when you retire at 59.5 or older you can withdrawal any amount you want from your Roth IRA. If you withdrawal only contributions prior to that age then you are not required to pay any tax or penalty. It is only on the gains that you would pay a 10% penalty if you withdrew that early. 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
Noted retirement planning expert James Lange shares some of his tips on how to plan for retirement and beyond. Jim has dedicated his life to helping others achieve their goals for a healthy and happy retirement: http://www.paytaxeslater.com
This video explains in detail what the Mega Backdoor Roth IRA contribution is, a way to bypass the contribution limit on Roth IRAs (which is currently $5,500) and stash even more of your cash away in a tax advantaged account. The Mega Backdoor Roth Ira is a way to bypass the CONTRIBUTION limit of a Roth IRA The (regular) Backdoor Roth IRA is a way to bypass the INCOME limit of a Roth IRA, which I explain here: https://youtu.be/ycY1vDiT0cM
Is it even possible to set up a Roth IRA for your children? Yes, it most definitely is. Mark breaks down what you need to do to make it happen. Sign up for my weekly newsletter now! With awesome tax and legal tips, upcoming and current tax reforms, deadlines, special offers from my Lawfirm and Accounting Firm, and much much more! Don't miss out on this opportunity, It's FREE!! how could you get better than that! Subscribe here: http://markjkohler.com/youtube/ Also, make sure to subscribe and hit that bell icon so you get a notification everytime I post a video! I promise you won't be disappointed with my advice! Don't forget to like, comment, and share! If you have a question or want me to make a video on a specific subject, send me a message, leave it in the comments, or send me an email! Check out my Law Firm KKOS Lawyers at http://www.kkoslawyers.com Visit my Accounting Firm K&E CPAs at: http://www.ke-cpas.com