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| Showing Articles 1 to 5 of 13 |
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| Manage Your Money & Life - Newsletter for small businesses |
| Summer Edition 2011 |
Highlights found in our Summer Addition:
1. Under the Microscope: Ways to Avoid and/or Survive an Audit Overlap
2. Sell Smart, Don't Sell Out
3. Return of the Pension
4. Comparison Shopping 101
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| Estate Planning Fundamentals |
| Financial Strategies Issue 3 |
| Many individuals put off planning their estate. For some, this is due to the misconception that estate planning is only necessary for the wealthy or only involves tax planning, which |
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| NEPC In the Issue: 2nd addition |
| An Alternate to a Roth IRA Conversion |
| The media and financial publications are constantly talking about conversion of traditional IRAs (Individual Retirement Accounts) to Roth IRAs starting in 2010. As a general rule, a Roth conversion may make sense for high net worth individuals who do not need the IRA account for retirement, and can afford to pay the income taxes from funds other than the IRA. In those situations, the Roth IRA may be viewed as a more efficient way to transfer wealth to children or other family members because of the income tax-free nature of withdrawals. Of course, to convert to a Roth IRA, distributions from the traditional IRA are taxable as ordinary. |
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| IN THIS ISSUE: Is a Roth Conversion Right for You? |
| Your Guide to Converting to a Roth IRA |
| When you make a contribution to a traditional IRA, 401(k) or 403(b) retirement account,you typically do so with pre-tax or tax-deductible dollars. As you take distributions from the account(s) (typically after you turn 59½), the IRS treats these as ordinary income subject to income tax in the tax year in which they are taken. These accounts are enticing because you will not pay income tax on the money that you contribute to the accounts, or on the money that your investments earn, until a time when you may be in a lower tax bracket than when you made the contributions. Also, the distributions are treated as ordinary earned income rather than as dividend/interest income or capital gains income. |
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| Silver Tsunami |
| Boomer's Could Face Long Term Care Crisis |
Several years ago Ameriprise Financial aired a commercial starring Dennis Hopper that targeted its financial planning services at Baby Boomers.
Hopper, one of cinema’s most enduring rebels, stood on a beach dressed in black with dark sunglasses. He talked about how Boomers weren’t going to be slowing down as they grew older, and weren’t going to sit around playing Bingo. Instead Boomers would redefine retirement. |
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The information on this site is not intended for the residents of AK, AR, ID, KS, MS, NE, OK, OR, WY. The associates of Northeast Planning Corporation are not licensed to sell insurance in all 50 states. To find out if an agent is licensed in your state, please contact Mark Schleifman at ext. 106.
Northeast Planning Corporation is an agency of The Guardian Life Insurance Company of America, New York, NY.
Neither Guardian, nor its subsidiaries, agents or employees give tax or legal advice. You should consult your tax or legal advisor regarding your individual situation.
The Living Balance Sheet® and the Living Balance Sheet® Logo are registered service marks of The Guardian Life Insurance Company of America (Guardian), New York, NY. The graphics and text used herein are the exclusive property of Guardian and protected under U.S. and International copyright laws. © Copyright 2005 - 2012, The Guardian Life Insurance Company of America.
NEPC is an authorized user of The Living Balance Sheet®, an electronic wealth organization platform that provides a wide-angle view of your financial world and enables us/him/her to stress test your current financial approach. Gain insight and clarify on your complete current financial picture, which when coupled with our professional experience, will allow you to make well-informed personal and business decisions and take appropriate actions to achieve your desired results.
Securities products are offered through Park Avenue Securities(PAS), 1150 Raritan Road, Cranford, NJ, 07016, Tel: 908.709.0020. PAS is a registered broker/dealer. Northeast Planning Corporations is not an affiliate or subsidiary of PAS or Guardian.
PAS is a member of FINRA, SIPC. |
