Excellent FREE resource for Financial concerns, Tax strategies, Estate planning and Retirement.
How is your financial health? With some effort, you can keep, protect and profit more from your hard-earned money. Having a savings, Mutual Fund, tax-deferred investments or even real estate is just not enough as an effective financial plan. Well let me clarify. You are forfeiting money or leaving yourself exposed to avoidable taxation and you are compromising your financial protection.
Starting a financial plan is a step-by-step process. Something simple as cutting back on Starbucks. Or negotiating a lower interest rate on your credit cards…really you need to pay them off. At all cost! That is another lecture in itself.
With this article, pick out the strategies you need start. Creating a trust, use a business as a tax haven, cutting personal spending, refinancing your house or creating a Family Limited Partnership. Just start somewhere.
Gather the information (print articles or take notes) that you can use and consolidate it all in one place. Create a folder, file, box or whatever to store the financial documents, notes and articles for your finances. Create a plan and execute it.
This article came from Integrated Wealth Management: a great resource to learn current financial strategies.
Their library of iMoney ideas is built on the concept that short lessons can teach you a lot about personal finance. Watch these quick movies that will show a financial concept.
Financial Concepts:
- Retirement Vision: Is your picture out of focus?
- The Latte Habit: How little things can add up over time.
- The $300,000 Baby: The price on your investment from cradle to college.
- Retirement Confidence: Does your confidence rise and fall with the stock market?
- The Value of a Bond: How interest rate changes influence bond prices.
- You, Inc.: Would you invest in this company?
- Which Bank Would You Go To?: Identifying potential risks in your financial strategy.
- The 75% Factor: How much money will you bring to retirement?
A collection of resources to help you manage your taxes as well as prepare for the upcoming tax season.
The topics below and you’ll find a selection of tools and information related to taxes and tax strategies.
- Federal Income Tax Rates
- TaxWise Strategies
- Federal Tax Calendar
- Tax Publications
(Tip: Eighty percent of Americans agree they would benefit from having basic financial education and information.1
1 The 2009 Consumer Financial Literacy Survey, Harris Interactive, Inc., 2009)
General financial topics below and you’ll find a selection of easy-to-understand information sheets about related financial concepts and strategies.
This information is updated regularly to reflect the latest facts, figures, legislation, and economic trends.
Estate and Trusts
Estate Planning
Avoiding Probate
Charitable Gifts
Paying Estate Taxes
Gifting Strategies
Family Limited Partnerships
Property Ownership
Eliminating the Estate Tax
Investing
Dividends
Growth Stocks vs. Value Stocks
Mutual Fund Taxes
Stock
Diversification
Bonds
Mutual Funds vs. Stocks
Mutual Funds
Closed-End Funds
Mutual Fund Loads
Annuities
College Savings Plans
Managed Investments
Retirement
How Much Do I Need to Save
IRA Rollover
Roth 401(k)
Profit-Sharing Plans
Your Business and Retirement
Social Security Income
Self-Employed Retirement Plans
Equity-Indexed Annuities
Retirement Plan Distributions
Traditional IRAs
401(k) Plans
Managing Retirement Plans
Roth IRAs
Tax Planning
Capital Gains Tax
Charitable Trust Tax Benefits
Withdrawing Before Age 59.5
Tax Deferral
Tax-Advantaged Investments
Tax Deductions
Tax Strategies for Retirement Plans
Tax-Free Investments
Mutual Fund Profits
Cash Management
Cash Management Basics
Money Market Funds
Managing Cash
Biweekly Mortgages
Reverse Mortgages
Smart Financing Ideas
College Financial Aid
Home Equity Loans
Risk Management
Why Purchase Life Insurance
Annuities as an Insurance Product
Property and Casualty Insurance
Business Owner Policies
Life Insurance for Business Owners
Split-Dollar Life Insurance
Last-Survivor Life Insurance
Disability Insurance for Business Owners
Types of Life Insurance
Term Life Insurance
Whole Life Insurance
Universal Life Insurance
It is always a good idea to refer to a professional. An estate attorney, tax attorney, CPA or financial planner. Do your “due diligence” in selecting a competent professional. Ask a lot of questions. Keep in mind that you usually get what you pay for.
Let’s make 2011 the year of good financial decisions. Keep, protect and profit more from your hard-earned money. Make a list, talk to a professional and set your financial goals.
(Tip: Don’t overwhelm yourself with too much information. Select the financial concepts that you can start now. Take one step at a time. Gradually you will have all of the bases covered. Just take some kind of action.)
Resource: Integrated Wealth Management
A proud member of Fusion Advisor Network, a consortium of independent financial professionals.
Wish you much success!
Sincerely,
Reggie Hobbs
