I'm assuming alot of the stuff that wasn't eligible for hsa fsa coverage is now.

This is so much great helpful information for helpless people. What is the website to open an ABLE account from New York? Please give the URL for New York City. Thank you!!! 👍👍👍

TSP retirement tip #1. Don't talk to any financial advisor about transferring your TSP.

Great video, when I talked with Fidelity this year, they said to just let the cash settle in the traditional IRA then you can immediately move it to your Roth IRA.

What if I just started working so have minimal money in my account? (Less than 20k). My financial advisor is charging 1.3% + manager fee (if applicable). Is that too much? I thought we had agreed to 1% so wondering if the .3% isn’t a big deal

One thing I think the FEDS could do to boost people buying I-bonds and boost overall excitment is drop the tax rate by a lot if you hold onto your I-bonds for the full 30 year term. One thing I love about I-bonds is they take very little effort and thinking. I buy the I-bond and it just does its thing. I don't have to check up on it every month or worry if the interest rate is low for a 6month term because it is meant for long term investment and that works on the total life of the bond. Some people don't like them and that's fine it's their money spend, save, invest however you want.

Can i transfer my 457b over to tsp and still be eligible for early retirement?

I’m not sure why I’d want to hire an advisor, especially one who is managing my investments. The vast majority of actively managed mutual funds don’t consistently beat the market and those that do only do it by a percent or so. So I’m not sure how an advisor is going to beat just investing in cheap index funds. I can see paying someone a flat fee for comprehensive planning. Just not management.

I am not disabled .

I am into my seventies . Can I open able account ?

Thank you for the video! One quick question: If $7000 is put into traditional IRA and I invest that money for couple of month (and lets say I gained $100 from that investment during this months). If I convert entire account balance to roth ira, wouldnt that go over the roth IRA limit of $7000?

Thank you for sharing the information on brokerage CDs. Your video was very professional, helpful and educational.

How to buy through Etrade?

In 2018 the IRS indicated that the use of a backdoor Roth IRA conversion process does not violate the step transaction doctrine.

Great thank you

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

So what was the result with fidelity?

Great video, thanks! Quick question. If after investing your money in the traditional IRA for a few months your balance is more than the $7K limit for the year, you can still rollover the entire balance or you are limited to the $7K?

So if TSP fund is moved to IRA pre tax... then someday widraw the amount from IRA... tax free everything?

How much is the penalty for Fidelity or early widrawal? is it 1 month interest?

Thanks 😊🎉

Very helpful! Most other videos I’ve seen on this, are to fund your traditional IRA, then transfer cash to Roth IRA, and then to invest money once it’s settled in Roth IRA? So you are saying to invest the money in Traditional IRA and then convert to Roth and few months later?

Are you planning to use the backdoor Roth IRA strategy this year?

Skip Ahead Here! 0:00 - How To Do A Backdoor Roth In Fidelity (4 EASY STEPS) 0:35 - Step 1: Contribute to a Traditional IRA 2:44 - Step 2: Invest your contribution 4:23 - Step 3: Move your pre-tax IRAs to your current employer plan 6:01 - Step 4: Convert your Traditional IRA to a Roth IRA

Really good video! Thank you.

PLease never stop making information I'm new to the channel

Do you get the whole percentage for the months you hold or the equivalent of what the cd would have paid at x% for say 3 months?

If you need your money after 1 year you shouldn't be investing anyway. Your investing money not needed.

This video is not on point. Because boomers would simply have more because of real estate. And young professionals would not.

TSP expense ratios used to be the best in the industry 20 years today. Today the TSP fund costs are terrible when compared to equivalent index funds at Fidelity or Vanguard. To stay in TSP due to its "low costs" is to not understand how to compare fees. Its not a good reason to remain in TSP, though there are other reasons

For index funds you can directly purchase (with a scheduled transfer) with funds that are not in your fidelity account, but directly from your bank account. Is there a way to do that with CDs? I don't think so That is a bit of an inconvenience to be honest

This was great, thank you!

Can I take HSA and my wife take FSA ? Will that work or doable

Great video!🎉

...so instead of doing any actual research you just read an article you found on google...

Real estate investors losing money is music to my ears. They are a major reason why the real estate market is the way that it is now.

I inherited an HRA. It is invested. I receive a 1099 for it and had to pay tax on it. I contacted them and they said inherited HRA holders get taxed. I am confused by this because it's not my money. I can file claims for reimbursement for medical expenses, but I can't take money out or put money in.

I have 40.3k in my tsp but I don’t see the MFW option under change investments. Any idea??

Thanks for sharing this information. Excellent video!

Can give a gift the the same persons every for the next 20 years if I stay below the maximum for each year?

I make 30% interest per month trading and will make way more this year.

Thank you for your video, quick question - for moving IRA to 401K as described in your video, the prerequisite is that your 401K institution must allow rollover of IRA to 401k, correct? I assume not every institution allows that?

I have a question please. If I buy let say $1000 CD for 3 months, do I get paid 4.25% of the $1000 or just a prorate based on the 4.25%???

Are these figures from 1981?

FDIC-insured & call-protected is good advice. Also check Blue Sky Restrictions & see if your state is included.

Is the price that shows 100 a fee I pay?

roi and irr are diffirent metrics, change the tttttttiltle

Excellent explanation, thank you!

Please keep in mind 9 states that normally have income taxes (e.g. NY, Pennsylvania) DO NOT tax the traditional TSP as they consider part of your civil servants pension. If you move the TSP money into an IRA at say Vanguard, Fidelity, etc... you will lose this special tax break and will now have to pay state taxes on the money when withdrawn. This is something you should be aware of before you transfer any monies out of the TSP.