Pref 6_11441 If you are not happy with your 401k losses /investments, call Connie Dello buono CA Life Lic 0G60621 at 408-854-1883 motherhealth@gmail.com in 50 US states 1708 Hallmark lane San Jose CA 95124
Tag Archives: IRA
Only one roll over of your IRAs per year
This post comes from Robert Powell at partner site MarketWatch. This column has been updated to clarify that the one-year period during which two or more IRA-to-IRA rollovers should be avoided starts when the IRA owner receives the distribution. Uncle Sam’s Tax Court just ruled that the one-rollover-per-yea<!–r rule applies to all of a taxpayer’sContinue reading “Only one roll over of your IRAs per year”
No income limits and no tax traps retirement savings with an IUL index strategy
We pay income taxes already and so we can save money, 10% or more each month to a tax free savings with no income limits and no tax traps like the IRA or Roth IRA. There are no market risks like the 401k. So call 408-854-1883 or email Connie at motherhealth@gmail.com if you want toContinue reading “No income limits and no tax traps retirement savings with an IUL index strategy”
Is a tax-free lifetime income during retirement possible?
Investment under an Index Universal life policy per IRS code 7702 is tax free because you already paid taxes when you started saving from your net income. This means that half of your wealth cannot be taken away from you, not even by an estate tax. Would you like to know how you can start atContinue reading “Is a tax-free lifetime income during retirement possible?”
Retirement Threats by Connie Dello Buono
Retirement Threats by Connie Dello Buono
Taxes,Spending unwisely,Market Risks,Health threats,and No asset protection are the major threats to our retirement plan. Taxes About 40-50% of our retirement savings (401k/IRA) go to paying taxes:federal,state,penalties,and capital gains. We are taxed in many ways: income, sales,estate,capital gains,others. Tax-free retirement plan using IUL The way to protect our retirement savings is a tax-free retirement planContinue reading “Retirement Threats by Connie Dello Buono”
Some companies are not providing 401k retirement plan
There is a better than 401k retirement plan with tax-free IUL index strategy with zero market risk that grows up to 13% and living benefits added free (access to $1.5M when stroke, cancer, or disability occurs). If you want to protect your wealth from 50% taxes after accumulation and from market risks, call Connie Dello BuonoContinue reading “Some companies are not providing 401k retirement plan”
Should I max out my 401k contribution?
When your company matches your tax-deferred savings, then take the free money. But do you know why the IRS wants you to save tax-deferred now. Because later on, after it grows and accumulate, it will be taxed at close to 50% before you reach the age of 59.5 yrs old. When you invest money inContinue reading “Should I max out my 401k contribution?”
Taxes and Retirement plans
Most tax provisions for retirement allow you to shift taxable income from your working years, when you are probably in a higher tax bracket, to post-retirement years when you may be living on less. With a Roth Individual Retirement Arrangements (IRAs), on the other hand, you may choose to pay tax now on money thatContinue reading “Taxes and Retirement plans”
3 Threats: become ill,die too soon,live too long with no income
Save, invest and then spend. Young people has time as their greatest asset. Open a wealth accumulation plan to save early. Invest your extra 5%, save at least 6months of your income for emergency and as you age, save from 10-20% of your income towards retirement. Proper asset allocation is very important. Detailed pension –Continue reading “3 Threats: become ill,die too soon,live too long with no income”
Plan for a long life
If we live, long, do we have enough retirement money? If we die young, do we have sufficient estate to leave the next generation to pay for mortgage and other expenses? If we have health threats like stroke, cancer or long term disability, do we have the reserve that will prevent foreclosure of our houseContinue reading “Plan for a long life”
LSW , Best Indexed Annuities
Most 30 yr olds are smart in their retirement savings. They dislike the 1% rate of return. If you want to give a savings plan to your grandchildren or children, call 408-854-1883. Call for an estate you can give to the next generation with a stroke of a pen. If you are 50plus, it isContinue reading “LSW , Best Indexed Annuities”
Idle Money no more in 2014
Instead of the 1% bank CDs, there is indexed annuities at 13% Safe and does not participate in the downside of the market, with Zero market risk, only participates in the upside of the market Instead of 50% taxes on withdrawal of 410K or IRA or sale of your business Start now with an IndexedContinue reading “Idle Money no more in 2014”
2013 tax plan before you reach 59.5 yrs old and funds during illness
Retire Early Healthy and Tax-free Connie Dello Buono Federal and state taxes and penalties amount to 50% when you use your retirement savings before you reach the age of 59.5yrs old. Do you want access to funds from $100k to $1.35M when terminal, critical or chronic illness strikes at no additional costs? Do you wantContinue reading “2013 tax plan before you reach 59.5 yrs old and funds during illness”