FLORIDA FINANCIAL AND INSURANCE GROUP PROTECTING YOUR FAMILIES AND INVESTMENTS.
"WE'RE YOUR TRUSTED AGENT AND REPRESENTATIVES"
PROTECTING YOUR FAMILIES AND INVESTMENTS.
WE'RE YOUR TRUSTED ADVISOR!
DID YOU KNOW YOU CAN DELAY A PORTION OF YOUR RMD?
CONTACT US FOR DETAILS!
YOU WORK HARD FOR YOUR MONEY....IT IS YOUR MONEY. WHY NOT TAKE ADVANTAGE OF THE OPTIONS THE LAW PROVIDES TO PAY LESS IN TAXES!
A traditional IRA allows a taxpayer to accumulate money tax deferred. Dependent on certain conditions, the contribution may be tax deductible.
Although contributions to a Roth IRA are not tax deductible, qualified distributions of the earnings are not subject to taxation.
Under the rules for qualifying deferred contribution plans, contributions made by employer and by employee, and earnings generated from the contributions, are tax deferred until withdrawn. Employee contributions may also be eligible for the Retirement Saver's Credit.
OTHER WAYS TO SAVE ON TAXES
Offset capital gains with capital losses.
College savings plans.
Charitable gifts of stock.
Capital gain distribution - ETF vs Mutual Funds.
Charitable remainder trust
Delay RMD with QLAC - contact us for details