ABC Financial E-Newsletter
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Are you aware of the new benefits of IRAs? The new tax law has made a good idea even better. Planning for a financially secure retirement is even easier with the larger contribution limits coupled with the income tax savings you can enjoy. There is even a "make-up" provision if you have not taken full advantage of your IRA in the past.Does your estate plan reflect the new tax laws? The 2001 Tax Law made dramatic changes to the way estates are taxed. The rules change every year. Most experts believe that estate plans should be reviewed to make sure they adequately reflect the new rules.
Building a financial cushion. Having a financial "reserve" can provide some financial peace of mind. While saving is not always easy, here are five simple practices that can make the process less difficult.
New tax advantaged college funding opportunities. The 2001 Tax Act made it easier to save taxes while saving more for a child's (or grandchild's) college education. If a college education in the future for someone in your family, you need to understand the new opportunities.
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