Index Annuities Gains In 2008, the SP500 lost about 40% of its value. Investors in indexed annuities did not lose a cent which took nearly 4 years for the SP500 to get back to 2007 levels. For individuals who were retiring in 2008, or had tax qualified accounts in an Indexed annuity and passed away, thatContinue reading “Indexed Annuity contributions are part of the distribution process in retirement”
Category Archives: financial planning
Where to fit Voya’s Fixed Index Annuity in your diversified asset base
Fixed Index Annuity Now you have an option to accumulate your money outside of the bank CDs. At age 40plus, you want a stronger vehicle with protection of principal and growth up to 5% with no market risks. vs Bank CD Contact Connie Dello Buono for a Fixed index annuity that is favorableContinue reading “Where to fit Voya’s Fixed Index Annuity in your diversified asset base”
How to invest with a goal and a coach
You have a fitness trainer because you need motivation and fast rules to maximize the use of the gym or get in shape with strength training very fast or be fit based on your lifestyle and body. In investing, you have many options and you have to start with a strategy, goal and a coach.Continue reading “How to invest with a goal and a coach”
Tax deductions for your corporation, from ABA CPA: auto,home,travel,airplane,boat
A year in review, top Clubalthea posts
Raising capital gains tax , raising credit score and other news
Raising capital gains tax As Obama continues to signal what he will propose during Tuesday’s State of the Union address, senior administration officials said during the weekend that he will call for raising the capital gains rate on top income earners and eliminating a tax break on inheritances. The revenue generated by those changes wouldContinue reading “Raising capital gains tax , raising credit score and other news”
Coming Collapse of the Middle Class with Elizabeth Warren
Coming Collapse of the Middle Class with Elizabeth Warren Coming Collapse of the Middle Class with Elizabeth Warren Elizabeth Warren BENEDICT GOMBOCZ 2. Personal details Personal details Born June 22, 1949 in Oklahoma City, Oklahoma Member of the Democratic Party (since 1996; was a Republican until 1996) Graduate of George Washington University,Continue reading “Coming Collapse of the Middle Class with Elizabeth Warren”
Asset Protection Iron Triangle by Charles Lamm
Asset protection is not just for the wealthy any longer. When a middle class home can easily run a half million dollars in Florida or another state, and over a million in California or other state, anyone can become a target of lawsuits, divorce courts, and the IRS. You have to dig a well beforeContinue reading “Asset Protection Iron Triangle by Charles Lamm”
Real Estate IRA Caveats
Investing in real estate inside an IRA comes with strict rules. Complication number one: Owning property in an IRA negates all the familiar tax benefits of owning investment real estate, says James Lange, a CPA and financial planner in Pittsburgh. You can’t deduct property taxes or mortgage interest or take advantage of depreciation. Aggravation numberContinue reading “Real Estate IRA Caveats”
Maximize Tax Savings For 2014 Business Car Purchases
Doctors and Business Owners who purchased a business car in 2014 will be able to boost their tax savings using the $8,000 increase in first-year depreciation, thanks to the recent extension of bonus depreciation. Doctors who purchased a heavy SUV or pickup (Gross Vehicular Weight Rating over 6,000 pounds) by December 31, 2014 are eligibleContinue reading “Maximize Tax Savings For 2014 Business Car Purchases”
About Annuities
Annuities are insurance contracts that guarantee a fixed or variable payment to the annuitant (the investor) at some future time, usually retirement. Annuities come in different varieties with many different options (called riders) so each annuity works in its own particular way, but there are some general concepts to understand. Two Phases of Annuities Generally,Continue reading “About Annuities”
Suddenly everything is a choice rather than a mandatory cost, your personal finance resolution for 2015
Car: Riding a bike or bus to work. Think of saving the car insurance and cost of gas for years before buying your dream car. House: Settling for a room to rent or mobile home or community house sharing. Think Income first before Spending. This means buying a fourplex as your first home or aContinue reading “Suddenly everything is a choice rather than a mandatory cost, your personal finance resolution for 2015”
Taxes 2015 – Finance Planning and Financial Strategies coupled with Business structure
Tax Breaks until Dec 2014
Among the biggest breaks for businesses: A tax credit for research and development, an exemption that allows financial companies to shield foreign profits from being taxed by the U.S., and several provisions that allow businesses to write off capital investments more quickly. There is also a generous tax credit for using wind farms and otherContinue reading “Tax Breaks until Dec 2014”