qualified plan Archives - Legacy Insurance Agency https://legacyinsuranceagency.com/tag/qualified-plan/ Protect, Plan and Prosper Mon, 07 Nov 2022 21:24:00 +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 qualified plan Archives - Legacy Insurance Agency https://legacyinsuranceagency.com/tag/qualified-plan/ 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

The post Tax Planning – The Time to Plan is Now appeared first on Legacy Insurance Agency.

]]> 8 Scary Truths About Your Qualified Plan 401k / IRA https://legacyinsuranceagency.com/8-scary-truths-qualified-plan-401k-ira/ Tue, 24 Oct 2017 23:04:49 +0000 http://legacyinsuranceagency.com/?p=2010 8 Scary Truths About Your Qualified Plan 401k/IRA Retirement Account 8 Scary Truths About Your Qualified Plan 401k that your employer’s not telling you. What you need to know about your 401k and IRA What you need to know about your 401k before you contribute another dime. If you are pondering the thought of contributing more than your match to your 401k or whether or not to make an end of year contribution to your IRA, THINK AGAIN! Before you put another dime into your 401k, 403b, TSP, SEP or other IRA you need to know what the government and your employer aren’t telling you.

The post 8 Scary Truths About Your Qualified Plan 401k / IRA appeared first on Legacy Insurance Agency.

]]> Retirement Tax Bomb https://legacyinsuranceagency.com/retirement-tax-bomb/ https://legacyinsuranceagency.com/retirement-tax-bomb/#respond Tue, 04 Apr 2017 18:23:17 +0000 http://legacyinsuranceagency.com/?p=1898 RETIREMENT TAX BOMB
IRA/SEP/401k Tax Liability

Is your IRA/SEP/401k a retirement tax bomb? Parachute out safely using our custom designed whole life insurance plans.

The post Retirement Tax Bomb appeared first on Legacy Insurance Agency.

]]> https://legacyinsuranceagency.com/retirement-tax-bomb/feed/ 0 Will The Government Default or Raise The Debt Ceiling? https://legacyinsuranceagency.com/government-default-debt-ceiling/ Tue, 21 Mar 2017 23:00:05 +0000 http://legacyinsuranceagency.com/?p=1879 Government Default or Raise The Debt Ceiling? Will the government default or raise the debt ceiling again? The U.S. Treasury Department is now calling on Congress to raise the debt ceiling once again to prevent a government default. Officially, the current United States debt ceiling expired on March 15th, 2017. The following day, the outstanding debt of the United States was at the statutory debt limit. This means that lawmakers must now decide how to address the nation’s fiscal problems or face government default. Treasury Secretary, Steven Mnuchin, recently sent a letter to House Speaker, Paul Ryan, on March 8 urging Congress to raise the debt

The post Will The Government Default or Raise The Debt Ceiling? appeared first on Legacy Insurance Agency.

]]>