3 Ways to Simplify Your Finances
Portfolio Manager Jennifer Loveless shares practical steps to help you and your family achieve better financial organization, reduce risk and make your money work harder.
Join Portfolio Manager Jennifer Loveless as she outlines three actionable tips to simplify your finances and support your long-term goals. Watch now to see how a proactive approach can bring greater peace of mind to your financial life.
Personal tax rates are probably going in one direction: Up.
Cash balance plans
Employer-sponsored retirement plans, such as cash balance plans, allow substantial pretax contributions with long-term benefits.4 If you’re a business owner, contributing significantly to a cash balance plan can reduce your current taxable income, potentially moving you to a lower tax bracket and increasing your net cash flow. By maximizing contributions to this plan, you not only save for retirement aggressively but also benefit from immediate tax deductions.
Think of the current estate tax breaks as a limited-time offer.
Think of the current estate tax breaks as a limited-time offer.
The current tax code has an expiration date, and the sunset is approaching faster than a filibuster in a contentious Senate debate.
Disclosures:
This material is for informational purposes only. All investments carry risk of loss. Tax, legal and insurance information contained herein is general in nature, is provided for informational purposes only, and should not be construed as legal or tax advice, or as advice on whether to buy or surrender any insurance products. Always consult with a professional before taking specific action.
Data and statistics contained in this report are obtained from what we believe to be reliable sources; however, their accuracy, completeness or reliability cannot be guaranteed.
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