Save 10% of your money towards your retirement savings plan since Social Security can only give you a max of $2642 per month.
Full deduction of $5.5k yearly contribution to your Roth IRA from your gross yearly income of $60k for single and yearly income of $95k for married.
Traditional IRA: Required Min Distribution upon reaching 70.5 yrs and upon reaching 59.5 yrs , distribution is subject to income taxes except for the portion contributed to nondeductible contributions. No penalties with IRA holder if you become disabled, purchased your first home ($10k limit), buy medical insurance, qualified educational expenses and at death.
Roth IRA is tax free withdrawal for first in and income last. Roth IRA must be owned for five years
Learn about social security benefits, qualified and non qualified index Annuities (no fees/no admin fees, guaranteed lifetime income) and tax advantaged retirement savings plan every Sat in Fremont and Mon-Friday in San Jose. Contact Connie Dello Buono CA Life Lic 0G60621 408-854-1883 motherhealth@gmail.com
Published by connie dello buono
Connie Dello Buono is based in Sunnyvale California. Her first ebook is about women's health, Birthing Ways Healing Ways and her recent one is about cancer prevention, Curated Healing Ways. She had helped women have holistic childbirth as childbirth educator, founded Motherhealth, to serve seniors in the bay area with holistic caregivers and blogs at www.clubalthea.com with more than 10,000 health and finance related posts.
Connie trains her own caregivers, which are the favorites of most bay area seniors who are home bound and alone.
She is active in the rehab and nursing facilities, volunteering on music and movement for seniors.
She is a member of Lion's club and offered scholarships to students in the Philippines.
She is active at churchinsunnyvale.us and has Fridays Bible home study in Sunnyvale using the recovery version of the Bible , free at biblesforamerica.us
She loves dancing and teaching and her courses can be found at
https://teachclub.com/@thriveafter60
She is California Life Insurance licensed providing life insurance for older adults with health issues and helping women retire safely with income for life.
at menloassetca.com , she helps with 401k rollover.
3 Benefit plans
- Mortgage protection using term life insurance to pay for mortgage balance in event of death
- Final Expense plan using Single Issue Whole Life Insurance, with cash back, disability benefit and guaranteed in the presence of health issues
- Fixed Index Annuity retirement plan for safe, accessibility, less fees, less taxes, avoids probate as it goes directly to beneficiaries, rate of return with no downside market participation.
She brings compassion and understanding to the needs of her clients, bringing holistic approach in health and life insurance. Her goal is to free families from worries especially during covid with caregivers and life insurance in the presence of health issues, especially for women.
She can be reached at 408-854-1883 , motherhealth@gmail.com
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