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”
Tag Archives: tax free
Act now to review your retirement savings before you pay taxes
Join us this noon for a webinar that will review your retirement savings and act on cutting taxes to save your wealth. Venue: gotomeeting (Note: Please download gotomeeting ahead of time.) https://global.gotomeeting.com/meeting/join/896840485 ID: 896840485 password: success2014 Email Connie: motherhealth@gmail.com Limited to: 25 attendees Time: 12:15 to 1:00pm PST Date: March 19,2014, Wednesday Learn retirement threats,Continue reading “Act now to review your retirement savings before you pay taxes”
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”
Preschool, home school, Montessori elementary, the “Outliers” book for the success of our children
As working parents, we have to choose quality child care and schools. I was fortunate to have a public Hammer Montessori elementary school in San Jose when my children now 17 and 19 where young. My nieces and nephews in the Philippines go to a private school simply because the elementary schools have no budgetContinue reading “Preschool, home school, Montessori elementary, the “Outliers” book for the success of our children”
Concerns about 401k at AOL
Retirement accounts such as 401k may the only retirement savings by some employees. But for others, there are many ways to have a better than 401k retirement savings without penalties, limits, with zero market risks and taxes, via the Index Strategy of IUL. Contact Connie Dello Buono CA Life Lic 0G60621 at 408-854-1883 motherhealth@gmail.com for tax-free retirementContinue reading “Concerns about 401k at AOL”
College Student Budget
college student budget calculator A city college is the most favored place by most baby boomer parents for their children to go to especially one that is close to their house. During the times of the baby boomers, they have worked and sent themselves to school at night to get a college education. For theContinue reading “College Student Budget”
Retirement Planning Dos and Donts every M-F in Mt View
Understanding IRAs Individual Retirement Accounts Understanding Annuities What is my potential estate tax liability What your savings could grow to, an estimate Social security retirement income husband and wife How much will I earn in my lifetime Leasing a car is better than buying Lump Sum today is more beneficial for you 2013 Federal incomeContinue reading “Retirement Planning Dos and Donts every M-F in Mt View”
2014 Tax Guide, 1-hr Tax-free Retirement Planning in Mt View
2014 Tax Guide 40 changes from IRS 2014 Tax Guide from Forbes Dear Peninsula and bay area residents, A free 1-hr tax-free retirement planning seminar will be held at the Mt View Library March to Dec 2014 (9am-6pm). Speakers will be invited from various financial service and tax-preparation companies. Contents: Health and Financial Threats Avoiding foreclosures SevenContinue reading “2014 Tax Guide, 1-hr Tax-free Retirement Planning in Mt View”
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”
Dodging 529-Plan Tax Traps, save money for college the right way
Pay attention to timing. There is no IRS ruling yet whether withdrawing money from a 529 account in one year and using it the next is allowed or not. Make sure the expenses qualify. Double-check that you allowed to withdraw 529 savings to pay for college bill. Take any scholarships or tax credits into account.Continue reading “Dodging 529-Plan Tax Traps, save money for college the right way”
3 Threats: become ill,die too soon,live too long with no income
Term Life Insurance versus Index Universal Life Insurance with living benefits
time value of money and social security by 2037 Like renting a house, term life insurance has no cash value and so you have no access to the growth, accumulation and distribution. It still protect your most valuable asset, your life. We pay car and home insurance but we forgot that our life is moreContinue reading “Term Life Insurance versus Index Universal Life Insurance with living benefits”