When it comes to planning for retirement, there are many products to choose from. Consumers can select investing in mutual funds, the stock market, fixed annuities, and many others. Some of the most popular financial accounts include Individual Retirement Accounts or IRAs. There are two major types of IRA: the Roth IRA and the Traditional… Read More Roth IRA vs. Traditional IRA
No matter the reason behind acquiring wealth, it’s not enough to simply hold onto the assets you’ve amassed. Perhaps you’ve saved for retirement over a long career or built your business from the ground up. Today, you may have considerable assets. What now? An asset management plan (AMP) is the solution to protect the wealth… Read More What is an Asset Management Plan?
2016 was a quiet year for laws regarding creditor-debtor interactions, especially as compared to the many laws passed after the economic crash of 2007. Asset protection remained at the forefront of interest among investment professionals, however, and several new transaction laws passed in 2016 can have serious implications for those seeking to preserve wealth. Fraudulent… Read More The 2016 Year in Review: Asset Protection
Most Americans spend their entire careers saving money for retirement. Unfortunately, those same people may spend up to 40% of their earnings on taxes, dramatically impacting retirement funding. There are many options available for retirement planning that minimize the impact of taxes, helping you to build wealth faster and easier than ever. It is also… Read More 4 Critical Steps in Creating, Protecting, and Preserving Wealth
Planning for your retirement is an important step you must take. Your goal in planning is to maximize savings for when you retire, covering the costs you will face when you’re no longer earning a regular paycheck. There are many tools and strategies available to help you secure a stable retirement. Avoiding risks and accomplishing… Read More Predictions in Retirement Planning for 2017