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
www.cakefinancial.com Government guidelines specify the maximum you can contribute to a 401(k) plan— 500 in 2008. But there’s one major exception to this rule—the catch-up contribution. If you’re a young worker, you have decades to save for retirement. But if you’re older and are just starting now, saving for retirement may seem like a lost cause. To help, the government lets older works contribute a little bit more to their 401(k) plans. If you turn 50 before the end of a calendar year, you’re eligible for a “catch-up contribution.” How much? In 2008, you can contribute an additional 00, making you eligible for a total contribution of 500. In 2009 and after, catch-up contribution limits will be indexed for inflation. Your plan administrator or employer can provide you with details. Join Cake Financial today for FREE! http
With the economy on the fritz, it’s only natural for people to want to withdraw from their retirement accounts to have extra cash on hand. But is the smartest thing to do? Host Bridget mcmanus discusses that exact question in this Q&A episode of “The Jam.”
archive.constantcontact.com Sean@entrustcarolinasllc.com 1-866-750-0472 Follow us on Twitter twitter.com Many people think the bank is the only source of money to start their business–this video is designed to let people know that they can actually use their 401K money and pay themselves interest instead of their bank. This video series is designed to help educate people about the benefits of having a Self Directed IRA account. There are so many people that think that the stock market is the only investment vehicle for their iras; however, through a Self Directed IRA they can invest in just about anything that they would invest in personally. Self Directed iras allow you to invest in Real Estate, Loans, Mortgages, Purchase Tax Liens, invest in llcs, and so much more… Entrust Carolinas, LLC is an affiliate of The Entrust Group, a 26- year old company with three billion dollars in assets. If you would like more information, I would be glad to answer any questions you have. Drop me an e-mail Sean@entrustcarolinasllc.com or give me a call 828-257-4949 or 1-866-750-0472.
Long since considered conservative retirement investments, many Americans are finding out (the hard way) that iras and 401ks are far from conservative. Doug Andrew, Best Selling author and host of Missed Fortune Radio unveils the mystery behind why. To find out how to safely stack up a million dollars or more tax-free, attend a FREE webinar hosted by Doug himself at: missedfortuneradio.com Or call 888.76-Radio (888.767.2346). Don’t miss out on your fortune!