Comparing Retirement Plans For Self-Employed Individuals

money for your retirement plan

Startups and freelance work are slowly gaining ground, especially with the Internet making inroads into different walks of human life. Though self-employment presents multiple benefits such as increased autonomy and flexibility, there are negatives to this line of work too. The biggest drawback perhaps is taxes or most people’s inability to manage them. Invariably, self-employed individuals end up remitting two times the taxes salaried employees pay; these include Medicare and Social Security taxes. The other disadvantage is there isn’t any proper or organized employee benefit plan such as a retirement…

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CPA Services Are Essential For Community Association Management

Although the consensus of community associations are non-profit entities, financial transactions are still happening all the time. Therefore, the utilization of professional accountants is undeniable. Along with carrying out the financial transactions according to law, the services offered by a CPA help the association management to carry out the audit and tax requirements with ease. Professional accountants have become the name of the association game, and whether you are a profit or a non-profit entity, you have to have the services of accounting experts which can help you stay on…

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Getting the Best Deal Out of the Use of a Buyer Agent

Any person that is looking for an apartment, will often tell you that one of the better ways to get an apartment found, will be that of taking a little time and using a buyer’s agent for their needs. This to a number of people may sound like a lost cause, but in reality, this is actually a good idea. The reason that this is such a great concept, is because this will allow them the chance to get an inside leg in on the rest of the people looking…

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What Percentage Of Revenue Should Be Spent On Marketing?

aspects of marketing

When you own a business, regardless of what industry it is in, a big part of helping to make it grow, while also building a larger customer base is to develop an effective and cost efficient marketing strategy. The type of marketing plan that you develop will certainly depend on your specific type of business as well as your budget. However, it’s important to not spend too much on advertising, but you don’t want to spend too little either. As a business owner, one of your biggest decisions will be…

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What Is Oil And Gas Law?

oil well

What is oil and gas law in the United States? These are laws that pertain to the acquisition and ownership of oil and gas rights. These laws cover oil and gas before discovery, after its capture, and its sell. Overview The oil and gas laws in the US are generally different from those in Europe and other countries. This is because, in the US, oil and gas are often owned privately unlike in other countries where they are owned by the national government. Jurisdiction The extraction of oil and gas…

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Using The Jar System For Money Management To Save Money

a jar filled with money

Everyone wants to save, but few have what they see as a simple, efficient method for doing so. The Jar System for money management is such a system, and one that can be applied relatively painlessly. The idea is to create six jars, either in reality or metaphorically, each with its own specific purpose. A small amount of your income goes into each of the jars, and that amount can be used for a purpose related to the jar in question. It is just a matter of setting up the…

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Have You Been Thinking About Getting a Credit Card?

paying with a credit card

When you are first looking to establish your credit, one way is to apply for and get a credit card – even if it is a secured card or one with a very small credit limit. However, there are a lot of things that you should know before you go ahead with this. Once that card is in your wallet, it is easy to get out of hand and before you know it, you are holding a fully maxed out card. No fun. We put together this list of resources…

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My List Of Favorite Financial Management Software

financial software

Personal finances are complex. In our everyday lives we juggle budgets, savings, investments, business accounting, financial goals, and more. It’s truly no wonder that many often find themselves overwhelmed, disorganized, and caught off guard when the unexpected happens. In order to place organization around our finances, I’m going to break them up into three categories: Daily Finances, Business Accounting and Taxes. Daily Finances There are two programs, which I use in different ways to manage our everyday finances: Mint.com and Microsoft Office.Mint Mint® is a great platform to capture and…

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Best 401K To Gold IRA Rollover Company & How Does It Work?

What Is A Gold And Silver IRA Investment? A gold individual retirement account when you move your traditional IRA or 401K to one that is backed by precious metals like physical gold, silver, platinum, or palladium. These are used in place of other more traditional IRA’s that hold paper assets like stocks and bonds. These self-directed IRA’s offer more diversity and one of the main reasons to choose these is to hedge against inflation. Thinking About Taking The Next Step? Back a few years ago, as I was getting closer…

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What Is Private Wealth Management?

wealth management

What is private wealth management? Private wealth management is an investment service for those whose incomes are high. In addition, wealth management brings together financial planning and financial services that include estate planning, retail banking services, investment management services and tax advice. Sustaining and building long-term wealth is the goal of wealth management. Banks and other financial institutions are constantly seeking wealth management clients because the net threshold to quality for these services begins around $20 million. There are many wealth management products to consider; however, the top eight products…

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