Tag : tax free investments frisco tx

0 30
  • Roll Overs Frisco TX

Inherited IRA Roll Overs: Your Most Common Questions Answered

The news you’ve inherited an IRA from a spouse, friend or family member is usually a good thing. But you might dread the headache this type of acquisition often requires. One of the first questions you’ll probably have is what to do with the money. Inherited IRAs come with their own set of rules, including what type of account the money is eligible for, at what age beneficiaries can make withdrawals and when penalties are applied. Here, we break down the options you have for inherited IRA roll overs. From a Spouse If your spouse left you an inherited IRA, a Read more
0 29
  • Tax free investments Frisco TX

Retirement Investments for Entrepeneurs and All Business Owners

When you own your own business, it can be hard to set aside money. Only a fraction of business owners save for retirement. How should you plan for your retirement using tax free investments as an entrepreneur or business owner? Many businesses ARE the retirement plan. This approach may be risky, though. Work on creating a company that can thrive even after you leave it. Run numbers now to realize what you need to save for later. Invest in different plans, such as a SEP-IRA, SIMPLE IRA, Solo 401(k), and SIMPLE 401(k). 401(k) investments in small businesses are particularly popular Read more
0 35
  • Annuities Frisco TX

Three Helpful Hints when Purchasing Annuities in Frisco, Texas

 Purchasing an annuity may be right for you if you’re looking to supplement your social security income in retirement. Buying the right annuity can help with long-term assistance for you and loved ones. You may try one for 10-30 days for free, but then you will need a legal contract. What should you keep in mind when looking to purchase an annuity? Purchase many smaller annuities over one large one. If you need to withdraw one, you still have others to help you. Realize when you want to retire. That way, you will know when to start planning. Assign Read more
0 80
  • Tax free investments Frisco TX

Three Questions to Ask Before You Hire a Financial Advisor

Choosing who to trust to manage your life savings and prepare you for retirement is a huge decision. You’ll want someone who has experience and knowledge in the industry and who will work hard on your behalf. Most of all, however, you want someone who has your best interests in mind and who will lead you in the right direction. To find that person, you’ll need to ask the right questions. For example, if you are interested in tax-free investments, you’ll want to feel confident that your advisor has the most accurate and current information about these types of investments. Read more
0 75
  • Tax free investments Frisco TX

Where to Put Your Money for Tax Free Investments and Why

Saving for the future can seem complicated and confusing if you’re not sure where to start. With so many options out there, you may not be sure where to put your money. Tax-free investments are a smart option. As the name implies, tax-free investing allows you to save for the future without having to take a cut in your earnings because of taxes. Sounds too good to be true, right? Fortunately, it’s not. Tax-free investments may be your best move. Roth IRA A Roth IRA allows investors to save for retirement without having to pay taxes on it. These investments Read more
0 151
  • Entrepreneur Dallas TX

How Financial Analysis can Create a Better Entrepreneur in Dallas

No matter how successful your business is doing, there is always room for improvement. A financial analysis can not only be beneficial for knowing where your company stands, but it can help you make logical decisions about your business for the future. Finding your strengths and weaknesses can help you determine opportunities for improvements to create a better-rounded business. When it comes to your bottom line, the best entrepreneurs in Dallas, Texas, know that a financial analysis is the key to fiscal improvement. What can a financial analysis do for your own company? It proves your company’s significance. An analysis can Read more
0 347
  • Annuities Frisco TX

Three Questions Everyone Always Asks About Investing in Annuities

Many people invest in stocks, bonds and retirement accounts, but understanding annuities can also help with your investment needs. Unfortunately, most people are not familiar with the basics regarding this investment option. By answering these common questions everyone always asks, you will understand if investing in an annuity is right for your needs. What Exactly is an Annuity? While shocking to hear, most people who are interested in making investments have never heard of annuity. Thankfully, it is easily explained. Annuities are actually investable insurance products. Once you invest in an annuity, you are able to receive payments monthly, quarterly Read more
0 421
  • Roll Overs Frisco TX

Rolling With the Punches? 3 Things to Know About 401K Roll Overs

Whether you are leaving your current place of employment or searching for alternatives to traditional retirement savings, 401K roll overs may be on your mind. Unfortunately, most people lack the knowledge and experience needed to roll over their retirement savings into a new investment account. Here are a few things to know before you complete your 401k rollover. Weigh Out Your Options Many people choose to move their 401k into the same brokerage’s IRA account since this seems to be the easiest option when leaving an employer. However, rolling your 401k into the same brokerage’s IRA is not your only option. Read more
0 423
  • Annuities Frisco TX

4 Things You Probably Didn’t Know About Annuities

With proper understanding, investing in annuities can be one of the smartest decisions of your life. Unfortunately, even the most financially savvy people do not fully understand this investment option. To ensure you are maximizing your investment, here are a few things you probably did not know about an annuity. They Should Not Substitute Retirement Accounts When you purchase an annuity, you may think you can stop contributing to your IRA or 401k plan. However, it is important to note that an annuity should never be considered a substitute for your retirement accounts. Like traditional retirement accounts, annuities have tax Read more
0 584
  • Roll Overs Frisco TX

Rollovers in Frisco TX: Should You Stay or Should You Roll?

When people move on to work at different companies, rollovers in Frisco TX are typically the way employees take control of retirement funds that have accumulated. According to BankRate, direct IRA rollovers go straight from a 401(k) or similar employer-sponsored retirement plan into an IRA account without withdrawing the funds in the traditional manner. That can save you the early withdrawal penalty, and it will put your nest egg into an account for which you call the investment shots, but rollovers for employees aren’t a one-size-fits-all solution. There are instances when it’s better to leave your money where it is. Read more