How to Retire Rich! (Tax Advantaged Investing)
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- Опубліковано 11 лип 2024
- Learn more about annuities: getrevise.com
Learn tax-advantaged investing secrets. Discover the special advantages that come with this financial approach, which is like having a VIP pass to a club where your money works harder and grows more quickly. Don't pass up the chance to maximize your security and financial success with the power of 401(k)s, IRAs, and annuities.
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Nicholas Crown Website: www.nicholascrown.com/
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Chapters:
00:00:00 - Optimizing Your Investing for Tax Benefits
00:01:00 - Maximizing Tax Savings with the 401K Plan
00:01:51 - The Traditional IRA
00:02:38 - The Benefits of Fixed and Indexed Annuities
00:03:25 - The Benefits of a Fixed Annuity
00:04:11 - Comparing Annuities and 401k
00:04:58 - Understanding Indexed Annuities
00:05:46 - A Closer Look at Fixed and Indexed Annuities
00:06:35 - Layering Strategies for Tax-Advantaged Investing
Bonus fact about 401k contributions, they lower your taxable income.
Sorry what do you mean? I know nothing about what to do with my 401k or taxes. I just pay what the IRS tells me.
@@ComsicQuestGG it means that if you make $100k, but put $10k into a 401k, that means you only have $90k in taxable income. Obviously other things come out as well, but that is a simplified explanation. For the same reason, it is wise to pile money into an HSA if your health plan offers one.
Like really rich guy I have a LLC for my bee farm and work for an employer that gives me cheap medical insurance thats awesome. I am pulling an amazon and reinvesting and building up my honey bee farm. This year 30k in honey and after 80k then to 200k.
Your shorts are great and these videos are well done. Your Witt and knowledge make you an excellent teacher. Thanks for the videos!
Thanks for another amazing video!
Hsa is good to have as well
Hey Mr. Crown! I’m looking to become more financially literate. I’m a young entrepreneur and aspiring creator taking a more untraditional path in life. Found your channel from your shorts, and these videos are great!
I wanted to ask if you have a more detailed breakdown on annuities, this is the first time I’m learning about them and I’d love to learn more!
Do you also perhaps have any videos geared to people who are entering their early 20s and what they can do to create a strong foundation, build wealth, and become financially secure ?
How much money do you need to invest in Get Revise?
In your prospective - how do you start a business
Can you tell me the difference between a self-directed IRA and a roth IRA?
I’m am interested in an annuity what companies offer them?
Mine getrevise.com
@@NicholasCrownUA-camsmoothest plug I’ve seen- love it
are you willing to do a call and advise me on what to invest? i have a few plot twists for you. and some handicaps. we could make it an interesting episode
Just realized you sell insurance/ annuities. Kind of makes this entire video useless to be honest.