IRA contribution Archives - Legacy Insurance Agency https://legacyinsuranceagency.com/tag/ira-contribution/ Protect, Plan and Prosper Fri, 24 May 2019 16:22:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://legacyinsuranceagency.com/wp-content/uploads/2015/04/Legacy-LifetimeBank-400-e1453402663782-100x100.jpg IRA contribution Archives - Legacy Insurance Agency https://legacyinsuranceagency.com/tag/ira-contribution/ 32 32 Tax Planning – The Time to Plan is Now https://legacyinsuranceagency.com/tax-planning/ Mon, 16 Apr 2018 20:13:20 +0000 https://legacyinsuranceagency.com/?p=2310 Tax Planning – The Time to Plan is Now Tax planning is not deferring taxes in an IRA. We’ve all heard the old adage, “People don’t plan to fail, they fail to plan.” In the case of your IRA or qualified plan, last minute contributions could be setting you up to actually pay more taxes. If you’e pondering the thought of a last minute contribution, just ask yourself these questions… 1. Do you want to live a similar lifestyle in retirement as you have today? 2. Do you think taxes will go up or down in the future? 3. What tax bracket will you be in

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