Podcasts about taxpayer relief act

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2892: Philip Taylor outlines the numerous benefits of starting a Roth IRA, emphasizing its tax advantages, flexibility, and ease of setup. Whether you're young or nearing retirement, a Roth IRA offers an excellent way to diversify your tax strategy, grow your retirement savings, and even provide funds for major life events like buying a first home. Taylor encourages taking action now to secure a financially stable future. Read along with the original article(s) here: https://ptmoney.com/start-roth-ira-10-good-reasons/ Quotes to ponder: "You'll be more prepared for retirement. The Roth IRA was created to provide incentive for you to save for your own retirement. Use it." "With a Roth IRA, you can withdraw all of your funds tax-free and without penalty at age 59 and a half." "Invest in a Roth IRA while you still can." Episode references: Roth IRA Rules: https://www.irs.gov/retirement-plans/roth-iras How I Opened My First Roth IRA: https://ptmoney.com/opening-a-roth-ira/ The Taxpayer Relief Act of 1997: https://www.congress.gov/bill/105th-congress/house-bill/2014 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2892: Philip Taylor outlines the numerous benefits of starting a Roth IRA, emphasizing its tax advantages, flexibility, and ease of setup. Whether you're young or nearing retirement, a Roth IRA offers an excellent way to diversify your tax strategy, grow your retirement savings, and even provide funds for major life events like buying a first home. Taylor encourages taking action now to secure a financially stable future. Read along with the original article(s) here: https://ptmoney.com/start-roth-ira-10-good-reasons/ Quotes to ponder: "You'll be more prepared for retirement. The Roth IRA was created to provide incentive for you to save for your own retirement. Use it." "With a Roth IRA, you can withdraw all of your funds tax-free and without penalty at age 59 and a half." "Invest in a Roth IRA while you still can." Episode references: Roth IRA Rules: https://www.irs.gov/retirement-plans/roth-iras How I Opened My First Roth IRA: https://ptmoney.com/opening-a-roth-ira/ The Taxpayer Relief Act of 1997: https://www.congress.gov/bill/105th-congress/house-bill/2014 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2892: Philip Taylor outlines the numerous benefits of starting a Roth IRA, emphasizing its tax advantages, flexibility, and ease of setup. Whether you're young or nearing retirement, a Roth IRA offers an excellent way to diversify your tax strategy, grow your retirement savings, and even provide funds for major life events like buying a first home. Taylor encourages taking action now to secure a financially stable future. Read along with the original article(s) here: https://ptmoney.com/start-roth-ira-10-good-reasons/ Quotes to ponder: "You'll be more prepared for retirement. The Roth IRA was created to provide incentive for you to save for your own retirement. Use it." "With a Roth IRA, you can withdraw all of your funds tax-free and without penalty at age 59 and a half." "Invest in a Roth IRA while you still can." Episode references: Roth IRA Rules: https://www.irs.gov/retirement-plans/roth-iras How I Opened My First Roth IRA: https://ptmoney.com/opening-a-roth-ira/ The Taxpayer Relief Act of 1997: https://www.congress.gov/bill/105th-congress/house-bill/2014 Learn more about your ad choices. Visit megaphone.fm/adchoices

Self-Directed Traditional IRAs have existed since 1974 when the Employee Retirement Income Security Acts of 1974 (“ERISA”) was enacted. Self-Directed Roth IRAs came later in 1997 when Senator William Roth introduced legislation to create the Roth IRA as part of the Taxpayer Relief Act of 1997. Retirement account investors have been able to use their Self-Directed IRAs and Individual 401(k) Plans to invest in non-traditional assets, often called “alternative investments,” including various regulated investment options that require the investor to be an “accredited investor.” The “Build Back Better Act” has been advanced by the House Committee on Ways & Means, which will prevent retirement account investors from investing in these regulated non-traditional assets and require those who have already invested in these assets to divest themselves of these assets within two (2) years if the investments require the retirement account investor to be accredited, licensed, etc. Email your Self-Directed IRAs and Individual 401(k) Plans questions to ASK@exeterco.com and we'll address them in our next episode.

Established as part of the Taxpayer Relief Act of 1997, Roth IRAs are a relatively new investment vehicle with unique rules, eligibility requirements, and contributions limits. On this episode of Upticks, Jake explains who might benefit from opening a Roth IRA depending on their stage of life and goals.   Upticks is a show/podcast sponsored by Falcon Wealth Advisors and hosted by Jake Falcon, CRPC® that is dedicated to retirement planning.  Our goal is to translate complicated financial jargon about planning and investments into an understandable language that most anyone can understand.    Falcon Wealth Advisors is an independent-minded wealth management practice located in the Kansas City metro.  Our team of 11 professionals specializes in retirement planning for individuals.  We help our clients make important decisions around when to retire, social security, health insurance, tax planning, and many other financial planning topics.     In addition to helping our clients plan for a successful retirement we also implement investments solutions.  We believe that what sets us apart is our philosophy to avoid investment products and instead buy/sell individual stocks, bonds, and options for our clients.  We do this to eliminate the middle man which we believe increases control and transparency, and decreases fees.    Clients choose to work with us to enhance their financial literacy and explain exactly what their financial plan means to them.   Visit Our Website https://www.falconwealthadvisors.com/   Listen to our Podcasts  https://www.falconwealthadvisors.com/content.html   We're Social! https://www.facebook.com/FalconWAdvisors/ https://www.instagram.com/falconwadvisors/ https://twitter.com/FalconWAdvisors https://www.linkedin.com/company/falcon-wealth-advisors/   Connect with Jake Falcon, CRPC https://www.facebook.com/jake.falcon.524 https://www.instagram.com/jake_falcon_crpc/?hl=en https://twitter.com/jakefalconcrpc https://www.linkedin.com/in/jakefalconfalconwealthadvisors

This week, I’m talking about the Roth. Roth 401ks and Roth IRAs are one of the most googled topics on retirement.  What’s interesting, though, is that in practice, I find that not enough people take advantage of the Roth. So the aim of this week’s tips is to help you better understand why the Roth is a compelling choice, especially in those last few years as you approach retirement.  Yesterday, I told you what 2 pieces of garbage advice about the Roth you can ignore. Today, I’m talking about how to determine which option is best for you - a Traditional IRA or 401k or a Roth IRA or 401k.  The Roth IRA was established by the Taxpayer Relief Act of 1997, so with a little over 20 years of history now, more data is available on the benefits of the Roth, compared to the Traditional IRA or 401k.  More history means that we have more evidence to suggest that Roths are a good choice for at least part of your retirement assets. One study done a few years ago looked at the Roth 401k vs. Traditional 401k contributions. They ran thousands of different scenarios and the conclusion that they came to is that most people would be better off contributing to BOTH a traditional 401k and a Roth 401k.  But guess what, every single dollar that your employer puts in to your plan through matching and profit sharing contributions is pre-tax dollars. So the only way you can get money into your Roth bucket when you utilize it through your 401k, is by contributing to the Roth from your own paycheck.  So the moral of the story is that with different tax treatments and the power of the tax-free growth that the Roth offers, it should be a component of your retirement portfolio.  You can contribute to a Roth IRA if you qualify, or a Roth 401k if your company offers that option. And since most people end up with a sizable about of Traditional IRA and 401k assets by the time they reach retirement, it makes a lot of sense to load up on those Roth contributions while you still can.  That’s it for today. Tomorrow, I’m going to talk about why you still want to look at the Roth, even if retirement is near.  Thanks for listening! My name is Ashley Micciche and this is the One Minute Retirement Tip.  --------- >>> Subscribe on iTunes: https://apple.co/2DI2LSP >>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs >>> Check out our blog: https://truenorthretirementadvisors.com/blog/ ---------- Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance, wealth management, fee only financial advisor, financial planner, 401k retirement withdrawal rules, Traditional IRA, Traditional 401k, Roth IRA, Roth IRA rules, Roth 401k, how to avoid taxes on 401k withdrawals, how to withdraw retirement funds, roth IRA vs 401k, roth IRA limit, iras, roth 401k limit, roth IRA definition, roth 401k definition, roth IRA tax, traditional IRA vs Roth IRA, roth IRA withdrawal rules, what is a traditional IRA, roth 401k vs 401k, roth 401k contribution limits, roth 401k employer match, roth 401k limits 2019, roth IRA limits 2019

Are you on the path of achieving financial freedom? With the recently-passed Taxpayer Relief Act, now more than ever, you need to know ways to lower your taxes. Join Prism Insurance Agency with our guest, tax attorney Sandy Botkin, CEO of the Tax Reduction Institute. He’s released two new books with hundreds of tips to help you achieve financial freedom and lower your taxes. www.myprisminsurance.com/ www.youtube.com/user/PrismInsuranceAgency www.linkedin.com/company/prism-insurance-agency www.twitter.com/prismins www.facebook.com/PrismIns/ http://www.myprisminsurance.com/life/

The Roth IRA was established by the Taxpayer Relief Act of 1997 and named after its chief legislative sponsor, Senator William Roth of Delaware. The Roth IRA enables individuals with earned income to contribute after-tax (nondeductible) money to the retirement account. If the rules are followed, the money grows tax free. Unlike a traditional IRA, […] The post DR 105: The 5-Year Roth IRA Rule for Contributions (breaking the rule is costly) appeared first on The Dough Roller.

Did that really happen? Two authors provide historical secrets from the New Deal and from the Cold War. American University Professor Peter Kuznick, who, in partnership with Oliver Stone, has produced a Showtime series on the “Untold History of the United States. He offers some historical insights that present a different view of Henry Wallace … and Joseph Stalin. Another author, Sally Denton, has written a book about an establishment plot to oust Franklin D. Roosevelt, and she compares his opponents to those who smeared President Obama.And Bill Press and his guest, Congresswoman Jackie Speier of California, who asks her Republican colleagues, “What are you here for?” Peter Kuznick Peter Kuznick is a professor at American University. He has teamed up with controversial director Oliver Stone to produce a series for Showtime that offers an alternate history of the United States since World War II than the history books tell us. He has also written a book to go along with the series, and he says it is just another side to American history.http://www.sho.com/sho/oliver-stones-untold-history-of-the-united-states/home Sally Denton Horrendous economic conditions, broken capitalism, vicious lies aimed at the president. These circumstances that faced President Obama were also present following the election of FDR in 1932. Author Sally Denton examines the plot against Roosevelt and points out the similarity of the tactics used by the right-wing hate machine to those used against Obama.http://www.sallydenton.com/ Jackie Speier And now Bill Press and his guest, Congresswoman Jackie Speier of California, who asks her Republican colleagues, “What are you here for?”http://speier.house.gov/ Jim Hightower Deep inside the "Taxpayer Relief Act"