In 1997, Congress introduced the Roth IRA to be like a traditional IRA, but with a few attractive modifications. The big advantage of a Roth IRA is that if you qualify to make contributions, all distributions from the Roth IRA are tax-free …
People think that money is safe in the big banks because the FDIC will protect the deposits. This assumption is not based on the facts.
As Joe explained, about six months ago his wife noticed that they had stopped receiving bank statements for one of their accounts. He proceeded to go back and look at old statements he had received and, sure enough, there was language that …
Millionaires make some of the same investment mistakes as everyone else—it’s just that their mistakes can cost more. A new survey of millionaire investors around the world found five mistakes that are most common among millionaires. The most widespread: failure to diversify. …
A well crafted estate plan can transfer property to your heirs at your death, protect the inheritances that you leave to your loved ones, reduce estate taxes to the lowest possible level, completely avoid probate, appoint the right decision makers in the …
FUN FACT: ANNUITIES ARE SAFE, RELIABLE AND PROVIDE A GUARANTEED INCOME STREAM FOR LIFE, PROTECTED FROM INVASION. INSURANCE PROVIDERS AR REGULATED UNDER STATE LAW AND AS PART OF THAT AFFILIATION AGREE THAT IF ANY ONE MEMBER ASSOCIATE EXPERIENCES FINANCIAL FAILURE, THE REMAINING MEMBERS PICK …
Anyone looking for currency diversification strategies should consider a multi-currency bank account. Unfortunately this banking product is virtually unknown in North America and the UK, although it is commonplace in some European countries. I say ‘unfortunately’, because this is one of the most …
About 4 years ago I found an amazing way to protect my family from the Obama Administration’s assault on our wealth. It’s an investment the government can’t touch and the IRS can’t tax it. Your money also grows tax-free! And you can …
Tax Advice to Avoid Most of the tax advice you hear or read in the media is geared toward the general population. Business owners and investors should avoid this advice because business owners and investors are part of a special group that …
How to avoid taxable events when considering policy changes with your life insurance.