A deferred variable annuity is a contract with an annuity provider to pay a certain amount for some period or lifetime. The annuity provider deposits the money in any investment portfolio...
Posted by Dennis Jao on 01/30/2023
A defined benefit plan, more commonly known as a pension plan, provides guaranteed retirement benefits to employees. Defined benefit plans are primarily funded by the employer, with...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/26/2023
Retirement should be about living your best life, and enjoying what you love, whether it is relaxing on the beach or on the golf course. It shouldn't involve worrying about debt,...
Posted by Taxes Made EZ Inc on 11/30/2022
The retirement account is no place to hide money from taxes because eventually, the IRS will come for their even share. RMDs stands for a required minimum distribution (RMD), which...
Posted by Pat Raskob, Emeritus on 11/28/2022
A student loan is a necessary evil most students subject themselves to when faced with hard financial times. The offer is inevitable but avoiding mistakes can. Many students have made...
Posted by Pat Raskob, Emeritus on 07/09/2022
The gaming industry is booming. New sports betting parlors and casinos are popping up all over the country, Las Vegas is booming, lotteries and betting parlors are popular, and online...
Posted by Dennis Jao on 07/01/2022
There's a new guide to early IRA retirement that pre-retirees need to know. It changes the interest rate on early withdrawals and allows you to switch methods. IRAs are great planning...
Posted by Dennis Jao on 05/09/2022
axes for life insurance are not straightforward. One might not know what lies ahead; it may be a huge tax bill or a tax-free income. However, you will not pay federal income tax...
Posted by KLSM CPA Firm PLLC on 01/21/2022
What are Not-for-Profit Organizations (NFPOs)?These organizations focus on specific social causes and use the money they earn or receive through donations to cover their operation...
Posted by Dennis Jao on 11/04/2021
