The rich people, earn, invest and pay taxes while the poor earn, pay taxes and spend. We can be better this 2014. There are 420 tax deductions as a business owner. Call Connie 408-854-1883 motherhealth@gmail.com to be a business owner with no capital and experience in 50 US states. Call for a risk free, tax-free with health benefits investment/savings plan that grows between 8-13%.
Deadly sins of investing
- Fear: Volatility is a norm in stocks. Invest in stocks only when you can afford to lose $5k.
- Neglecting to rebound your portfolio. Make a habit of saving and investing at least 10-20% of your income early in life.
- Paying too much in fees. Control your expenses.
Where to save when you max out your 401k/IRA?
Save at Index Annuities and Index IUL (tax-free retirement savings) ,call 408-854-1883 motherhealth@gmail.com
Connie Dello Buono CA Life lic 0G60621 in 50 US states (1708 Hallmark Lane San Jose CA 95124)
Tax Breaks for the rich
- Education
- Investment interest
- Gambling loses
- Home sale gains (primary residence up to $500k in capital gains is tax free)
- Alimony
Taxable accounts
Investing some of your savings in a taxable account is an especially good idea if you’re saving for both retirement and college. If you come up short while your child is in college, you can tap your taxable account without paying income taxes and early-withdrawal penalties. Taxes on these accounts aren’t deferred, but most investors pay just 15 percent on long-term capital gains and qualified dividends; investors in the 10 percent and 15 percent tax brackets pay 0 percent. Meanwhile, withdrawals from your tax-deferred accounts will be taxed at your ordinary income rate, which currently ranges from 10 percent to 39.6 percent.
Call Connie 408-854-1883 for a tax-free retirement savings.
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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