If you sits in one or more board of directors in a non-profit or other organization, I need you. I need a helper to refer me to people who needs professional financial advise from team of experts. You might be a teacher, firefighter, policemen,nurses,clergy,volunteers,social workers, and just a philantrophist who can can make a differenceContinue reading “Are you a helper, I need you”
Tag Archives: Financial plan
401(k) Plans Are Not Just For Big Businesses
A significant portion of the small business market consists of one person businesses. If you have a client whose business is a one person operation, s/he may be a perfect candidate for a Solo 401(k) Plan. A Solo 401(k) plan is a 401(k) plan for a one-person business and may offer your client an opportunityContinue reading “401(k) Plans Are Not Just For Big Businesses”
Type of Qualified Retirement Plan for high net income pros and business owners
Owner Goal Employees (Non-Owner) Plan Type Requirements Advantages Older Than Employees Maximize Contributions, Deductions & Benefits 0-4 Fully Insured Defined Benefit Plan, also known as a 412(e)(3) Plan Steady Profits: Business generates enough income to support ongoing plan contributions,. Plan funding required each year. Highest Possible Contribution, Deduction & Benefits. All Plan Assets HeldContinue reading “Type of Qualified Retirement Plan for high net income pros and business owners”
Early or Premature Withdrawals from IRAs
Taking money out early from your IRA may trigger an additional tax. Generally, amounts received from a traditional, SEP, or SIMPLE IRA are taxable distributions and must be reported as ordinary income for the taxable year in which they are received. If you are under age 59 1/2, any distributions received are considered early orContinue reading “Early or Premature Withdrawals from IRAs”
Maximum Total Deductible Contribution to Both Defined Benefit and Profit Sharing/401(k) Plans
Generally, employers that adopt both a defined benefit plan and a defined contribution plan (including a profit sharing plan with or without 401(k) salary deferral contribution features) are able to make the maximum contribution to both plans. However, that’s not always true. In some cases, there is a lower maximum deduction that may be applicableContinue reading “Maximum Total Deductible Contribution to Both Defined Benefit and Profit Sharing/401(k) Plans”
Asset Protection Introduction For Small Business Owners
This article is intended for every small business owner/entrepreneur who left behind Corporate America for the opportunity and dream of starting their own business. This entrepreneurial spirit is what made this country what it is today. However, this dream could be shattered very quickly without taking into consideration adequate asset protection plan. The notes belowContinue reading “Asset Protection Introduction For Small Business Owners”
Financial strategy keeps business owners in the black
Now that I am working with a team of financial advisors and experts, I learn more each day. Financial strategies can keep a business with less expenses, adding more money in their pocket and doctors with less income taxes. Financial strategies can help a new home owner be at peace with the mortgage. For theContinue reading “Financial strategy keeps business owners in the black”
Free 30-min chat with a financial advisor 408-854-1883
Call Connie Dello Buono to schedule you to one of the many financial advisors who can listen to your financial goals for 30-min at 408-854-1883 and email motherhealth@gmail.com. And then when you know that you need a financial strategy, another 40min free introduction to the financial strategy will be scheduled. There is the listening toContinue reading “Free 30-min chat with a financial advisor 408-854-1883”
4 Ways Men and Women Approach Finance Differently by Maria Cornelius
Anyone familiar with John Gray’s Men Are from Mars, Women Are from Venus knows the premise that men and women communicate very differently. Perhaps this explains why most female investors prefer to work with a female adviser and most married women leave a male adviser after the husband dies. Starting with the first conversation, womenContinue reading “4 Ways Men and Women Approach Finance Differently by Maria Cornelius”
How to avoid capital gains tax
First, you can use a tax-protected retirement account to avoid paying capital gains taxes on the proceeds from your stock sales. As long as you keep the proceeds in the account and resist the urge to make premature withdrawals, you can grow your retirement savings on a tax-free basis for an indefinite period of time.
However, your retirement account may be subject to certain contribution limits. If you’re under the age of 50, you can contribute just $5,000 per year into your tax-protected IRA account. If you’re over the age of 50, you may be able to contribute as much as $6,000 into your account. Before you make any contributions, be sure to check with a licensed tax professional.
3 ways to tax free retirement or savings plan, looking for savers to save $50k per year
Tax Free saving: Municipal bonds, Roth IRA and permanent life insurance. I suggest a permanent life insurance for saving your money each year, for example $50,000 each year, increasing your estate by $7M, guaranteed return of 4% plus additional dividend yield of 2%, allowing you to borrow your own money year 2 (liquid) and withContinue reading “3 ways to tax free retirement or savings plan, looking for savers to save $50k per year”
How much of your savings, investments, retirements and other funds are tax free?
The best time to pay taxes is today and not in the future when our investments or savings are bigger, which translates to bigger taxes. So your 401k savings is really not totally your own, half of it goes to IRS. Let me show you a cash flow analysis looking at your income taxes, deferredContinue reading “How much of your savings, investments, retirements and other funds are tax free?”
I am your financial advisor working with a team of specialists, investment advisors and other life coaches
Dear Sir, Let me help you with financial strategies to serve your important financial planning needs to balance the financial aspect of your life. Tell me what do you think of your financial advisor. I am not your investment advisor but a holistic financial advisor who also works with investment analyst/advisors and other specialists. What makesContinue reading “I am your financial advisor working with a team of specialists, investment advisors and other life coaches”
Teaching your children about money, million dollar baby
When you start saving $200 per month for your baby who is less than 1 yr old and the savings accumulate with return of at least 6%, guaranteed at 4% the money owned by you doubles every 12 years. This will show your child how money compounds and savings taken via EFT can build towardsContinue reading “Teaching your children about money, million dollar baby”