An annuity is a unique type of retirement account provided by an insurance company which gives certain guarantees and tax benefits. You can deposit money into an annuity over time or as a lump sum, and the insurance company agrees to make guaranteed periodic payments...
This is a common type of employer-provided retirement plan, especially among large corporations, but it can be set up for any size of company. It is named after subsection 401(k) of the Internal Revenue Code. In 2015 and 2016, the most an employee can contribute is...
SEP stands for “Simplified Employee Pension.” These are popular among high-income self-employed professionals such as doctors or dentists with no employees or only a few employees. As the owner of your company, you can contribute up to 25% of your income, up to a...
In order to encourage people to take responsibility for their own retirement savings, the U.S. government has created several types of retirement accounts which provide significant tax benefits if you abide by the strict rules they have imposed on these accounts....
Most people hate budgeting. Why not think of it as a spending plan instead? Read these tips for how to control your spending without all the drama.
Everyone I have ever met who is financially independent, meaning that they have enough money to live a comfortable lifestyle without having to work, has consistently saved a significant portion of their income.
Good and Bad Reasons to Sell Your Business
Ron Leavitt & The Giving Machine
Does Your Business Bring You Joy?
The Best Is Yet to Come