As I mentioned in an earlier post, a Simplified Employee Pension Plan, is a retirement plan specifically designed for small-business owners and self-employed individuals. These plans work even if you are the only employee, as the rules are the same.
Simplified Employee Pension Plans (SEP), are retirement plans designed for small-business owners and slef-employed individuals. Employers can make tax-deductible contributions on behalf of their employees because the plan is based on an IRA. That means, if you are eligible, you will not pay taxes on the contribution but you will pay them on the distribution you receive from the SEP account. Read the rest of this entry
This is a sample of one of our Financial Education Training Videos coming to our new training site within 30 days. Make sure that you click on the subscribe button in the video so that we can let you know when the new site is up and stay informed when new video’s are produced.
The rule essentially says that if the APR on a first-lien jumbo loan is 2.5 percentage points (previously 1.5 percentage points) or more above the average prime offer rate, an escrow account is required.
Typically saving for retirement is the last thing on the mind of very young people, but the federal government if giving you a special tax break (on top of the tax break you already get) that can slice your after-tax cost tremendously.
The “War On Wealth” is a war of many battles, and the “Battle Of Taxes” is by far, the most brutal of them all. This is the introduction post to a series of posts titled “Lower Your Taxes In 8 Simple Steps”. This series of posts is a series included in our War On Wealth Series, so it is a series within a series. Are you confused yet?
The Biggest Battle In The War On Wealth – “THE TAX BATTLE”
Without expert help, prudent tax reduction strategies and the ability to mobilize all of your tax reduction weaponry in your arsenal, your financial health not “can”, but “will” suffer catastrophic failure.The inability to effectively fight this battle is a plague that inflicts tens of millions of Americans. In California for instance, federal and state taxes and social security can eat up between Read the rest of this entry
Trusts are a key tool used in the game of asset protection, which means nothing more than making sure you hold on to the money that you currently possess. In this War on Wealth Series, I will teach you the closely guarded secrets of the wealthy that will enable you to grow and build your wealth for years to come.
As I mentioned in an earlier post, a Simplified Employee Pension Plan, is a retirement plan specifically designed for small-business owners and self-employed individuals. These plans work even if you are the only employee, as the rules are the same.
