Stop Being Sold

In this video, we’re talking about the Silicon Valley Bank (SVB) and Signature Bank Collapse. What happened, what’s the latest on this developing situation, and what you need to be worried about for the future. ✅ SUBSCRIBE to NOT being a transaction ever again... https://bit.ly/33TpKqD ✅ Check out our site for more tips https://stopbeingsold.com/

We're covering the most controversial tax forms in recent years, the 1099-k form and what you need to know if you're using a third party platform like Zelle, PayPal, Etsy, eBay, or CashApp for transactions.

In December 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed. It was designed to help save for retirement and make it accessible to more people. With this bill, the rules changed on Inherited IRAs. ✅ Check out our site for more tips https://stopbeingsold.com/ Before the Secure Act, you could stretch your inherited IRAs, 401k’s, 403b’s, etc., over your life expectancy. Now, depending on who you are as a beneficiary, dictates how you must take the assets. The rule is broken down by the following 3 types of beneficiaries: Eligible Designated Beneficiaries: If you fall into this category, you may still stretch your inherited IRAs over your lifetime. Designated Beneficiaries: Designated beneficiaries must follow the 10-year rule. This group includes nearly everybody that wasn’t an eligible designated beneficiary. There are no limitations to how the funds must come out if the account is liquidated in the 10-year period. Non-Designated Beneficiaries: These folks must take out the funds over a 5-year period. These beneficiaries include charities, certain trusts, your estate that was named in your will. Since IRAs distributions are taxed as normal income, make sure to check with your CPA or tax advisor to see which withdrawal option makes most sense to your specific situation. #InheritedIRARulesAFTERtheSecureAct

Is going to cash right now in your best interest and will it help protect your money? Current market conditions, the Fed continuing to raise rates, inflation still not under control, along with national and geopolitics have a lot of investors wondering where’s the best place to move their money to protect it. 💥 Follow us on RUMBLE Are CD's the Best Way to Save RIGHT NOW? Check it out: https://youtu.be/1JsR7wcNQEI

In today’s video we’re discussing required minimum distributions – or RMDs – and what you need to be aware of to stay in compliance with the IRS. IRS RMD Worksheet: https://www.irs.gov/pub/irs-tege/uniform_rmd_wksht.pdf ✅ Don't forget to SUBSCRIBE! ✅ Check out our site for more tips https://stopbeingsold.com/

401k loans are attractive because you don’t need to have good credit, you get low interest rates, and you pay interest to yourself instead of a creditor. Basically, you’re your own bank. Because of this, people often take out a 401k loan to pay for a down payment on a house, fund a new business, or pay down high interest. But, just because something looks good on paper, doesn’t mean it’s the best choice. 401k Related Videos 🔴 401k Losing Money? [What to Do Now] https://rumble.com/v1iyqsp-401k-losing-money-what-to-do-now.html 🔴 Rollover Options for Your Old 401k Plan https://rumble.com/v1izf0n-rollover-options-for-your-old-401k-plan.html ✅ Don't forget to SUBSCRIBE! ✅ Check out our site for more tips https://stopbeingsold.com/

You can work while receiving Social Security benefits, but there is a gotcha. Both before full retirement age (FRA) and during the year you reach FRA you can be penalized if you make too much money. Link Mentioned in Video: https://www.ssa.gov/pubs/EN-05-10069.pdf Related Videos - Social Security Expansion Act https://rumble.com/v1izdi7-social-security-expansion-act-what-it-means-for-you.html ✅ Don't forget to SUBSCRIBE for Social Security updates! ✅ Check out our site for more tips https://stopbeingsold.com/

In today’s video we’re discussing the top 401k mistakes that investors make and tips on how to fix them. Many of these mistakes can cost 401k investors more money than they realize. Popular 401k Videos: 🔴 401(k) Losing Money??? [What To Do NOW] https://rumble.com/v1iyqsp-401k-losing-money-what-to-do-now.html 🔴 Maximize Your 401k Returns NOW: https://rumble.com/v1jatbp-maximize-your-401k-returns-now.html 🔴 Rollover Options for Your Old 401k Plan: https://rumble.com/v1izf0n-rollover-options-for-your-old-401k-plan.html ✅ Like us on Facebook! https://www.facebook.com/Stop-Being-Sold-524309451006118 ✅ Follow us on Twitter! https://twitter.com/stopbeingsold ✅ Check out our site for more tips https://stopbeingsold.com/

How are NFTs taxed: The taxes you pay on NFTs are mostly broken down into two categories, Investor or Creator. But there is a catch: NFTs are (mostly) bought and sold with Cryptocurrency, like ETH. So, in IRS’s eyes, you have made two transactions, and are taxed for them. First, you must buy a cryptocurrency, and it is “sold” when you buy an NFT, whether you mint one, or buy from a secondary marketplace. How much you pay in taxes is based on several factors. Watch for more info. ✅ Like us on Facebook! https://www.facebook.com/Stop-Being-S... ✅ Follow us on Twitter! https://twitter.com/stopbeingsold ✅ Check out our site for more tips https://stopbeingsold.com/

Why the rapid rise in housing may equal a one-in-a-lifetime retirement opportunity for those in or near retirement. ✅ Like us on Facebook! https://www.facebook.com/Stop-Being-Sold-524309451006118 ✅ Follow us on Twitter! https://twitter.com/stopbeingsold ✅ Check out our site for more tips https://stopbeingsold.com/

Self-Directed IRAs are a type of IRA that you direct the investments in and they are growing in popularity – especially since you can buy and sell BTC and other cryptocurrencies inside them with the hopes of WAY better returns. But are Self-Directed IRAs all they are cracked up to be? That’s exactly what we’re discussing in this video. ✅ Like us on Facebook! https://www.facebook.com/Stop-Being-Sold-524309451006118 ✅ Follow us on Twitter! https://twitter.com/stopbeingsold ✅ Check out our site for more tips https://stopbeingsold.com/

The set it and forget it strategy with your 401k is NOT how you maximize your 401(k) performance. As we’ve talked about in many of our 401k videos, a lot more goes into it. Watch the video to see how you can maximize your 401k returns and your retirement future. Secure Act 2.0 and Your 401k: https://rumble.com/v1iyazh-secure-2.0-act-and-your-401k-warning.html Is Your 401(k) Losing Money??? [What To Do NOW] - https://rumble.com/v1iyqsp-401k-losing-money-what-to-do-now.html ✅ Like us on Facebook! https://www.facebook.com/Stop-Being-S... ✅ Follow us on Twitter! https://twitter.com/stopbeingsold ✅ Check out our site for more tips https://stopbeingsold.com/

How are annuities taxed? Exactly how much you pay in taxes is based on the type of annuity and how the account is set up in the beginning. Understanding the type of annuity and its tax implications BEFORE you sign on the dotted line is critical to your financial future. ✅ Like us on Facebook! https://www.facebook.com/Stop-Being-Sold-524309451006118 ✅ Follow us on Twitter! https://twitter.com/stopbeingsold ✅ Check out our site for more tips https://stopbeingsold.com/

If you’ve left behind a 401(k) with a past employer, you need to understand your 401k rollover options. Making the wrong rollover choice may end up being very costly. Critical 401(k) Rollover Rules Every Investor MUST Know:https://rumble.com/v1iax3v-critical-401k-rollover-rules-every-investor-must-know-2022-updates.html ✅ Like us on Facebook! https://www.facebook.com/Stop-Being-S... ✅ Follow us on Twitter! https://twitter.com/stopbeingsold ✅ Check out our site for more tips https://stopbeingsold.com/

In today’s video, we’re discussing the new Social Security Expansion Act that’s been proposed and what it may mean for you. For Social Security recipients, the rise in inflation has been greater than their cost-of-living adjustments (COLA). To help with this, the Social Security Expansion Act was introduced on June 9, 2022, by House Rep. Peter DeFazio of Oregon, and Senator Bernie Sanders from Vermont. Find out what's in the proposed bill and how it may affect your retirement income. And don't forget to SUBSCRIBE for Social Security updates! ✅ Like us on Facebook! https://www.facebook.com/Stop-Being-Sold-524309451006118 ✅ Follow us on Twitter! https://twitter.com/stopbeingsold ✅ Check out our site for more tips https://stopbeingsold.com/

Is your 401(k) losing money? After the great returns we have seen in our 401(k)s over the last few years, 2022 started with a downturn in the stock market. In this video, we’re discussing what to do with your 401(k) now that the market has pulled back. ✅ Like us on Facebook! https://www.facebook.com/Stop-Being-Sold-524309451006118 ✅ Follow us on Twitter! https://twitter.com/stopbeingsold ✅ Check out our site for more tips https://stopbeingsold.com/

In today’s video, we are discussing the new Secure Act 2.0 and what it means to your 401(k). ✅ Like us on Facebook! https://www.facebook.com/Stop-Being-S... ✅ Check out our site for more tips https://stopbeingsold.com/ The Secure 2.0 expands a bill that was signed into law in late 2019 called the (SECURE) Act, which stands for Setting Every Community Up For Retirement Enhancement. The House passed on March 29th, 2022, by a vote of 414 to 5, and the Senate is now taking up their version. If passed, the Secure Act 2.0 would bring these critical changes to your 401(k), including: Mandatory Auto-enrollment – require employers with a NEW defined contribution plan (think 401k, 403b) to auto enroll new employees at a 3% rate of their pay. Mandatory Scaling in future years – Auto increase of employee contributions by 1% per year up to between 10 and 15% of their pay. Auto enroll into the QDIA - (qualified default investment alternative) which is usually a Target Date fund, but this bill also mentions a Managed account. Increase “catch-up” contributions for those between age 62 and 64 – Normal catchup contributions above 50 are currently $6500, but if you are 62-64 years old, your new catch-up limit is $10,000 starting in 2024.

New and CRITICAL 401(k) rollover rules every investor must know for 2022. Prohibited Transaction Exemption 2020-02, also called the DOL Rule, went into effect February 16, 2021. And enforcement of the bill became effective July 1, 2022. Find out what this 401(k) rollover rule means for your financial future. ✅ Like us on Facebook! https://www.facebook.com/Stop-Being-S... ✅ Follow us on Twitter! https://twitter.com/stopbeingsold ✅ Check out our site for more tips https://stopbeingsold.com/