View allAll Photos Tagged RetirementAccount

thepens...epartment.com

The Pension Department will be revising our hardship distribution process to conform to the guidelines set out in the IRS memorandum. Until we can revise the process, we will be following our current process. Once we have revised our process, we will let you know.

 

Contact thepensiondepartment.com for more information.

Phone: 516-346-2999

Address: 500 N. Broadway Suite 247, Jericho, NY 11753

  

Brett Goldstein is a 401k and Employee Benefits Expert, Author, Speaker and a Media Personality.

   

  

Can a $70,000 IRA Contribution Really Save You $30,000 in Taxes? #IRAContribution

 

What if you could invest $70,000 into your IRA and save $20,000–$30,000 in taxes at the same time?

 

This clip explains how IRA contributions lower your taxable income, reduce your IRS bill, and set you up with tax-deferred growth for retirement.

 

#IRAContribution #RetirementPlanning #TaxDeferredGrowth #TaxSavings #InvestInYourFuture #IRATaxes #RetirementWealth #RetirementIncome #WealthBuilding #TaxBracketPlanning #FinancialFreedom #TaxStrategies #MoneyTips #SmartInvesting #RetirementAccount #TaxDeferredInvesting #TaxEfficientInvesting #RetirementPlanningTips #FinancialPlanning #smartmoneymoves

 

“How does contributing to an IRA reduce your taxes?”, “Traditional IRA Explained in 5 Minutes (Tax-Deferred Retirement Account)”, “Should I Convert My Retirement To Roth?”, “What The Heck Is an IRA?”, “I’m 62. $3M Pre-Tax IRA.Convert $250K/yr for 12 years to avoid RMDs? Withdraw Strategy To Save Tax!”, “Taxation of Individual Retirement Accounts IRA”, “How To Get Your RMD’s 100% Tax-Free”

 

Please visit my website to get more information: ift.tt/TzHa0CQ

 

✅ Resources

📞 Book a Free Appointment with Ben: bit.ly/call_with_ben

📘 Download Our Free eBook: bit.ly/Life_Asset_Ebook

🎥 Watch the Free On-Demand Webinar: bit.ly/4lnxFAI

📧 EMail: info@lifeassetllc.com

 

🔔' .

www.youtube.com/@LifeAssetLifeSettlements?sub_confirmation=1

 

🔗 Stay Connected With Me.

 

Instagram: ift.tt/3lbjkgA

TikTok: ift.tt/5NEBdRm

Website: ift.tt/TzHa0CQ

 

=============================

 

🎬Suggested videos for you:

 

▶️ www.youtube.com/watch?v=wBYONOKwE28

▶️ www.youtube.com/watch?v=S4Ka5V4j7A0

▶️ www.youtube.com/watch?v=Hfbu5OrqZ1I

▶️ www.youtube.com/watch?v=irvJmUdmKx8

▶️ www.youtube.com/watch?v=xyY1ADHzPrI

▶️ www.youtube.com/watch?v=ZGBgUdjP48o

▶️ www.youtube.com/watch?v=dosZ0JdegDE

▶️ www.youtube.com/watch?v=iU6MGgJ6U4s

 

=================================

 

✅ About Truly Diversified Podcast | Life Assets.

 

Welcome to Truly Diversified! I’m Ben Mohr, a former institutional retirement strategist with 20 years inside the financial system. I’ve seen how the wealthy build real wealth and why most advice keeps others stuck. This channel shares smarter, alternative strategies that break that cycle.

 

Through the Truly Diversified Podcast, I break down how to build income through life settlements, what true diversification looks like beyond just stocks and bonds, and why the smartest investors are stepping off the Wall Street hamster wheel. With the proper knowledge and strategy, you can invest like the ultra-wealthy.

 

For Business inquiries, please use the contact information below:

 

📩 Email: info@lifeassetllc.com

 

🔔 Hit subscribe & stay tuned for real-talks on smart retirement investing, alternative assets, financial independence,& build a truly diversified portfolio outside the market.

www.youtube.com/@LifeAssetLifeSettlements?sub_confirmation=1

 

=================================

 

www.youtube.com/shorts/SqrWkbvQBqs

 

via Truly Diversified Podcast | Life Assets

www.youtube.com/channel/UC8Y5TL4lE3dFKH16JNiC08A

September 05, 2025 at 04:01PM

via Truly Diversified Podcast | Life Assets ift.tt/2MGPa9B

Maybe you’re moving on to bigger and better things after being offered a job at another firm. What are you going to do about that pesky 401k still under your previous employer?

Read more at : www.iratransfer.com/ira-rollover-vs-transfer/

thepens...epartment.com

All summaries must include general information about the hardship distribution, including the participant’s name, total cost of the event causing hardship, amount requested and a participant certification that the information provided is true and accurate. In addition, each summary must include basic information specific to the type of hardship distribution. For example, a summary for a hardship distribution for funeral and burial expenses must include the name of the deceased, the relationship to the participant, date of death, and the name and address of the service provider (i.e., cemetery or funeral home).

   

thepens...epartment.com

On February 23, 2017, the Internal Revenue Service (IRS) issued a memo to IRS auditors regarding hardship distributions.

The prior guidance from the IRS was that employers needed to retain all financial information and documentation to substantiate the need for a hardship distribution.

  

At Maycomb Wealth Advisors LLC, we help our Members determine which investments are potentially well-suited for retirement accounts versus taxable accounts. Contact us today at 844-334-9333 or click the link below to learn more and to see how evidence-based investing can work for you.

#MaycombWealthAdvisorsLLC #Evidencebasedinvesting #RetirementAccounts #TaxableAccounts #LearnMore

www.maycombwealth.com/contact-us/

thepens...epartment.com

The current IRS position is for employers to retain a summary of the employees hardship. The IRS’ new position is that the employee needs to retain all documents to substantiate the hardship.