Tuesday, April 28, 2009

Traditional IRA's are a great tax write off!

Traditional IRA's are a great write off, most people don't know how useful IRA's are for investing in their future. IRA's can help with lowering the taxes you owe to the IRS by paying that money to yourself to grow tax free instead of to the IRS. You can put up to $5000.00 a year away to grow in all kinds of different products for a secure retirement. These products in my last blog I mentioned can guarantee you up to 3% per year while your money participates in the stock market. Also tied to these annuities are tools to help you have a nice nest egg when you are ready for retirement. Traditional IRA's are a wonderful resource given to us by the government (we don't get these very often) to put away money for tax free growth. Please talk to your financial professional for ways you can save on your taxes and create wealth for the future!

If you want info on http://roth%20ira please look at my last blog.

More Next Time,
B Cherry

Roth Ira Information

Most People are not aware of how useful a Roth IRA can be, for growth and taxation. A Roth goes tax-free in a account with mutual funds, stocks, bonds and other investment tools. The Roth IRA was created so you can put after tax dollars in to an account that can come out tax-free at retirement. This is a wonderful opportunity for some one that doesn't need the write-off but would like their money to come direct to them instead of paying the IRS at retirement. Roth IRA's work perfectly in most annuity vehicles, most fixed annuities offer fixed (sometimes as high as 3%)interest rates while invested in the markets (potential for more gain). Also as an added bonus they will have riders that will give you an income for the rest of your Life! These riders can pay a high percentage guaranteed per year for income at retirement. Roth IRA's are a great way to save money for your future.

In the next blog I will talk about http://traditional%20ira

Check back for more,
B Cherry