Are you looking to maximize your savings, profits, or both? As a business owner myself, I have come up with a simple, yet extremely effective way to build wealth. It is a great starting off point. I call it my 20/6/3 plan. The 20/6/3 Plan is an easy yet effective way to get your finances back on track. Continue reading to learn more!
Purchasing life insurance may seem like a menial task in the face of monumental expenses such as college tuition, raising children, buying a house, and saving for retirement. However, this is one expense that you cannot ignore. Life insurance is there to help your loved ones when you’re gone. It also helps mitigate financial stress if you are the primary provider for your family. If you’re single or married with no kids, getting life insurance might not be the first thing on your mind right now.
As a business owner, you have worked hard to build your business from the ground up. You have poured your blood, sweat, and tears into making your dream a reality, and now your business is thriving. But have you given any thought to what will happen to your business when you retire or pass away? Estate planning is a crucial—but often overlooked—aspect of being a small business owner. At New Century Investments, you are our priority! Book your free consultation today!
The transition to retirement can be both exciting and daunting. You are no longer working, but this isn’t the end of your financial journey! The four pillars of retirement planning are health, family, purpose, and finances. The four pillars can help you prepare for retirement. If you take these into account, then you will be in a better position to make decisions that will keep you healthy and active.
When it comes to compensation, many companies are now providing equity and stock-based benefits to their employees. One such compensation package is Restricted Stock Units or RSUs. When it comes to restricted stock units, there is a lot to consider. These unique equity compensation options can have a big impact on your taxes, investments, and more. Continue reading
When you’re self-employed, it can be difficult to know which retirement plan is right for you. Should you choose a SEP IRA or a Self-Employed 401K? Both have their pros and cons. In this blog post, we will discuss the differences between SEP IRAs and Self-Employed 401Ks, as well as the eligibility rules from the IRS. Continue reading for our help on deciding which plan is right for you!
The road to financial independence isn’t a straight line. It’s a journey that takes time and patience. This blog will help you build and plan for your retirement, allowing you to establish a more solid footing from which you can take the next step in your financial journey. Here are five practical ways you can improve your finances today! Contact us today!
If you’re like most people, you’re looking for ways to reduce your taxes and keep more of your hard-earned money. Well, one option that might be off your radar is a health savings account (HSA). The HSA is a tripe tax-advantaged account and may just be the most overlooked tool out there. One of the HSA’s best kept secrets is the fact that you can also use it in retirement Continue reading
The Financial Media is a powerful entity that has the power to impact the way you trade, invest and save. This article will discuss how this media influences your trading decisions and why you should be aware of it.
If you’ve been named a beneficiary or inherited an IRA, you’re likely facing some tough questions — what are the next steps, and what happens now? Whether you’re a non-spouse inheriting an IRA as a spouse or a non-spouse who is not the sole beneficiary, there are a few key details to keep in mind. Familiarizing yourself with these changes in legislature and tax obligations of inheriting an IRA now can help you and your loved ones better prepare to receive your inheritance. Continue reading