Now is the Time to Invest for Your Retirement!
Yes, it's the time we've all been waiting for?tax season! We know you've gotten a jump start and filed early this year, right? Of course not, but rather than dreading this part of the year, we should all look to it as a point for new opportunities. Many readers don't realize that even though the New Year has come, they can invest money as if it were still 2004! That's correct, it's not too late. You can invest funds into your retirement account until April 15th, 2005 and have it count as if the contribution were made in 2004! Investors typically choose to take advantage of this through an Individual Retirement Account.
Individual Retirement Accounts (IRAs) are excellent plans to build retirement savings. Depending on the type of IRA that you choose, contributions can be tax deductible and grow tax deferred or even tax free. There are three types of retirement accounts that are commonly used to accomplish your retirement goals; the Traditional IRA, Roth IRA, and SEP-IRA. To make things even better, the IRS recently announced new maximums for qualified plans for contributions counting in 2005 as an added incentive to invest for your retirement.
The Traditional IRA- In 2004, the annual contribution limit was set at $3,000. However, this was raised to $4,000 for contributions that are counted in 2005. Contributions are fully tax deductible if you do not participate in an employer retirement plan. Single tax-payers who participate in an employer retirement plan must earn a gross income of no more than $50,000 to earn a full deduction. Investments grow tax deferred with earnings taxed only at withdrawal.
The Roth IRA- Annual contribution maximums are the same for both Traditional and Roth IRAs. Contributions to the Roth IRA are not tax deductible. However, contributions and earnings can be withdrawn free of tax and investors are not required to take minimum distributions after age 70 ˝ as they would be under a Traditional IRA. Single investors must earn no more than $95,000 annually to be eligible for a full contribution.
The SEP-IRA- This plan is available to self employed individuals who normally do not fall into the low income category. These self employed individuals can contribute 20% of net income or $42,000, whichever is less. Similar to the Traditional IRA, contributions are tax deferred. However, the SEP-IRA allows participants to invest larger quantities toward retirement.
There is no better time than the present to begin planning for a financial stable retirement. To learn more about these opportunities or to begin investing for your retirement, contact email@example.com and be sure to visit http://www.valueview.net
Scott Pearson is an investment advisor, writer, editor, instructor, and business leader. As President and Chief Investment Officer of Value View Financial Corp., he offers investment management services to a wide variety of clients. His own newsletter, Investor's Value View, is distributed worldwide and provides general money tips and investment advice to readers both internationally, and in the U.S.
Anti-ESG investing Financial Times
If You Invested $10,000 in Mastercard in 2013, This Is How Much You Would Have Today - The Motley Fool
If You Invested $10,000 in Mastercard in 2013, This Is How Much You Would Have Today The Motley Fool
Investors who bought Bay Area real estate plan 'city of yesterday' Business Insider
Police investing fatal shooting in Wilmington's Southbridge neighborhood 1150AM/101.7FM WDEL
Despite political backlash, socially responsible investing is still ... Wisconsin Examiner
24 Things I Believe About Investing A Wealth of Common Sense
Large U.S. companies outperformed other investments over the last 20 yearsâ€”but you should still diversify, pros say - CNBC
Large U.S. companies outperformed other investments over the last 20 yearsâ€”but you should still diversify, pros say CNBC
Wealth Management And Investing Leaders: These Are The ... Investor's Business Daily
Biden-Harris Administration invests $3.9 million for Ocean ... - National Oceanic and Atmospheric Administration
Biden-Harris Administration invests $3.9 million for Ocean ... National Oceanic and Atmospheric Administration
Investing $100/week into SHIB in 2023 would be this worth today Finbold - Finance in Bold
Charted: What are Retail Investors Interested in Buying in 2023? Visual Capitalist
Should Investors Buy UiPath Stock Right Now? The Motley Fool
Should You Buy Arm (ARM) Stock? | Investing | U.S. News U.S News & World Report Money
Amazon to Invest Up to $4 Billion in A.I. Start-Up Anthropic The New York Times
Investing Lessons From Authors The Motley Fool
Community foundations embrace impact investing ImpactAlpha
3 Mistakes High Net Worth Clients Make When Investing The Motley Fool
A Quality Executive Compensation Plan Lowers The Risk Of Investing In John B. Sanfilippo & Son, - Forbes
A Quality Executive Compensation Plan Lowers The Risk Of Investing In John B. Sanfilippo & Son, Forbes
Why Now Could Be a Good Time to Invest in Oil and Gas Kiplinger's Personal Finance
Should You Invest in These 2 Hot IPO Stocks? The Motley Fool
3 Dividend Growers Investors Can Buy Now and Hold Forever The Motley Fool
$100 Oil Is Back! Here's What Smart Investors Should Do Now The Motley Fool
President's Investing in America Agenda Provides Resources for ... US Department of the Interior
Bearish momentum is building - Citi By Investing.com Investing.com
S&P 500: September Slump Deepens as History Suggests ... Investing.com
Best Investments to Own During a Recession Morningstar
Huge News for Disney Stock Investors The Motley Fool
The 2 Stocks Investors Must Watch This Week The Motley Fool
Smug S&P 500 Investors Miss Out On 8 Red-Hot Big Stocks Investor's Business Daily
10 Best Investments for 2023 | Investing | U.S. News U.S News & World Report Money
Jaspreet Singh: How To Invest Your First $1,000 Yahoo Finance
GBP/USD Marks Its Worst Month of 2023 | investing.com Investing.com
Bad News for Tesla Stock Investors The Motley Fool
22-year-old who lost $80,000 in crypto: 'I was investing with money I didn't necessarily have' - CNBC
Just Started Investing? Here's 1 Solid Company to Buy With $200 The Motley Fool
How Safe Is Investing in Gold? Morningstar
Is Now a Good Time to Buy Stocks? Warren Buffett's Sensible ... The Motley Fool
June 2005: Weather Forecasts for Weather Traders
If Johannes Kepler, the renowned 17th century astronomer and discoverer of the planetary laws of motion, could speak from the heavenlies, he might have a few words of wisdom to share with the National Weather Service. Although Kepler's name is not normally associated with meteorology, he was quite the weather forecaster in his day.
Many people today are looking for annuity help. The biggest challenge seems to be that most of the help is biased.
How To Find An Investment Advisor
Do you think you need an Investment Advisor? Hold on before you answer because this is sort of a trick question. Also, I am definitely biased because I am an Investment Advisor.
Why have Investment Plans for the Stock Market
If you do not have an investment plan in the stock market you are subject to impulses, urges, hunches, premonitions, strong feelings, greed, panic, fear, indecision, and just plain foolishness. In my opinion, without a plan, without that clear conception of a total stock market investment strategy, the chances of successful investing in the stock market are pretty slim.
Your Worst Enemy To Successful Investing - The Media
How do you make your investment decisions and where do you get your information? If you're like most of the people I know, you look to the experts.That's fine, however it's important to be aware that for every expert, there's an opinion and for every opinion there's an expert.
Trading Tips No 3: Online Trading and Investing: Buy, Hold, and Hope
So you have learned how to trade the markets by mastering a few trading tools like Moving Averages, Channels, Stochastics, MACD, or RSI - that is a great accomplishment achieved by only a few. However, having the tools and rules to trade markets successfully, year in and year out, is only half of the challenge.
Many people have, at one time or another, taken some of their hard-earned funds, and decided to put them in the stock market. These well-meaning individuals either acted on a tip they saw on CNBC, or actually believed one of those crazy faxes/emails that said XBXB @ $0.
Investing As A Sport?
I said last week that money doesn't generally buy happiness, but the lack of it can buy absolute misery. This, by the way, is not just my personal observation.
Short Term Savings Products
When you invest, it simply means that you are putting your funds in products, in this case short-term savings vehicles, which will allow you to reap high financial rewards.Here is a list of the more common short term savings products you should consider investing in.
What My Horse Had For Breakfast
Let's see, he had some oats, fresh alfalfa and his vitamins. I know from the mixture that is great food and he will win the seventh race this afternoon.
The 8 Biggest Mistakes When Designing Portfolios - and How To Avoid Them
Are you as good an investor as you think? Do you consider yourself a well-informed investor able to anticipate and avoid nearly all pitfalls associated with investing? Chances are, you are making one of the common errors that could cost you hundreds or even thousands of dollars, or worse yet, your financial independence, control and security."I see people making the same costly mistakes over and over," says Scott Frush, CERTIFIED FINANCIAL PLANNER and author of Optimal Investing: How To Protect and Grow Your Wealth With Asset Allocation (Marshall Rand Publishing; available by calling 1-800-247-6553).
Buying a Home - Your BIGGEST Investment
This column has often focused on intangible investments like stocks that a young investor might hold in their portfolio. While these are one of the most important components of an investment plan, it is not the dominant one for most young people.
IF - The Wonders of Investing
If it seems as if all investors are selling, who is buying? If trading has become entertainment for you, it may be time to refocus on profits. If your stock has reached an annual low, can it go any lower? If your stock has reached an annual high, can it go any higher? If all the television analysts jumped off a bridge, would anyone care? If your portfolio is based solely on fundamental analysis, perhaps it is time to learn technical analysis.
Investing: The Art Of Making Your Money Work For You
There is a lot to know about investing. It all depends onwhat type of investing you are interested in as well.
Investing in World Markets
There are many different ways to invest in world markets: stocks, bonds, mutual funds, options, commodities or currencies. Sometimes people refer to these options as investment vehicles (or method of investment).
The Benefits of Laddering Your CD Investments
If you've decided to stock some money away in a certificate of deposit, why not reap the highest benefit over time by laddering your CD investments? What's a CD latter? I'm glad you asked.A CD ladder is made up by purchasing several CD's at one time with different maturity dates.
A trading system consists of a set of rules for viewing markets and making trades. The advantages of trading systems can be hidden when they become associated with trading platforms involving trade order submission and processing.
Holy Grail Investments
Every year I go to the Money Show inOrlando, Florida. Thousands attend.
By definition, value investing is the process of selecting stocks that trade for less than their intrinsic value. A value investor typically selects stocks with lower than average price-to-book or price-to-earning ratios.
The stock market fell sharply Thu and Fri before and after the employment reports Fri morning. The Nonfarm Payrolls report showed 207,000 net jobs were added in July, which were 27,000 more than the market expected.
|home | site map|