The rules for IRAinvesting dictate that investments should be practical, such as stocks, bonds and mutual funds. Avoid triggering tax consequences from the IRS due to poor investment decisions with advice from an investment consultant in this free video on investing. Expert: Roger Groh Bio: Roger Groh is the founder of Groh Asset Management. Filmmaker: Bing Hu
In order to save money, a person must have an understanding of how much money she is bringing home and where this money is being spent. Discover how the creation of a budget will help people to save money with help from a financial services specialist in this free video on saving money. Expert: William Rae Contact: www.hbwfl.com Bio: William Rae has been licensed in the insurance and financial fields for over 30 years. Filmmaker: Christopher Rokosz
www.cakefinancial.com An IRA, short for Individual Retirement Account, is an investment account in which you save money for retirement. Although there are several types of IRAs, the most common is the Traditional IRA. How does it work? Anyone under age 70� who earns money can make contributions to a Traditional IRA. The contribution limit changes each year. Once the money is in your IRA, you can invest it in a number of different securities, such as stocks, bonds and mutual funds. As the years go by, all of the income from those investments—that is, interest, dividends, and capital gains—accumulate tax-free. As a result, your savings can really add up. You can begin taking distributions from an IRA at age 59�. At that time, you pay taxes on the withdrawals at your ordinary income tax rate. Join Cake Financial Today for FREE! http
Here is a decent explanation, by the Nabers Group, of a type of self directed 401(k) offered in the market, which is very similar to the self directed 401(k) product offered by Newman Asset Management. This is a retirement account that is legally able to invest in gold, real estate, private companies, mortgages, llcs, and virtually anything else. This part explains investment options for the Self Directed IRA & Self Directed Solo 401k. For more details, click here to contact us.
Roth iras are ways for individuals to pay taxes first and then take out money for retirement that is needed in a tax-free basis. Work with a financial adviser or a qualified plan specialist on a Roth IRA withhelp from a registered financial consultant in this free video on investments and personal finance. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC