The net investment income tax (NIIT), albeit sounding very similar to the capital gains tax, is actually a different kind of investment tax that only applies to high net worth individuals, as well as certain kinds of estate and trust accounts. In this article, we are going to look at how an individual can know whether or not they must pay the net investment income tax, and we will also provide an explanation of how … [Read more...]
Is Life insurance worth it?
Many folks wonder is life insurance worth it. The reality is that it depends on your situation. Let's start with what life insurance is. Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of the policy holder. Life policies are legal contracts and the terms of the … [Read more...]
There are 3 reasons Social Security Will Never Go Bankrupt
Do you really think Social Security is going bankrupt? Think again - Social Security is here to say... in one for another. They say Social Security could go Bankrupt- But that's not Possible. One of the most illogical scenarios is for Social Security to go bankrupt. Running out of money is not possible for this fund; it can be eliminated or suspended but not penniless. The way Social Security is set up- an immediate … [Read more...]
Early Retirement In 3 Steps
Early Retirement is Within Your Reach Today many would like to not only retire but retire early as well. This may not require as much of a stretch of the mind as one would think and it is possible to retire much sooner than the age of 65 as most of us were taught in school and from our parents. Today, in this article were will examine various strategies that you can use to retire early and some are so simple anyone … [Read more...]
Is a 10 Year Treasury Note a Good Investment?
10 Year Treasury Notes have a time and a place. That time may not be now. For a very long time the natural course of action for the most financially conservative of us has been to invest our money for retirement into very safe ten year treasury bonds or to be even more safe with thirty year treasury bonds, but with the dismal 10 year treasury rate and 30 year treasury rate it truly is time for a change. I would … [Read more...]
Top 7 Questions about The Federal Reserve?
What is the Federal Reserve? The Federal Reserve System is the central banking system of the United States of America that is responsible for studying and implementing the monetary policy in the country. The Federal Reserve System started out in the year 1913 when the United States was facing financial problems in the economy. The establishment of the Federal Reserve has been of great importance and has seen the United … [Read more...]
Who is Gold Bullion International?
Gold Bullion International Investors who are looking to invest in something less risky but bound to receive the returns are known to invest their money through precious metals. Gold Bullion International is a limited liability company that stores minerals such as gold; silver and platinum inside its vaults for investors both private and institutional chance to purchase and sell the minerals. It also offers a chance for … [Read more...]
What is an Inflation Calculator?
If you spend money then you need to understand the Inflation Calculator. People talk about inflation in many ways, such as inflation is causing consumers to have fewer purchasing options, because inflation is causing price increases. There have been periods where inflation of wages has not kept up with the buying or purchasing power of the past. The website, www.Investopedia.com defines inflation in the following … [Read more...]
Why You Need Money Management
You've got money - That's Great! - Now let's talk Money Management Have you always wanted to be able to go on vacation but somehow you just never have the right amount of money? Do you find at the end of every month you seem to be deeper in debt that the month before? Are you unable to identify what you spent your money on? Or do you just want to have better financial freedom? Well if your answer to any of these … [Read more...]
Wills and Trusts 101
Wills and Trusts can make sure your assets go where you want after you pass. Financial planning for your future and your family are among the most important steps a person can take to ensure that assets acquired over a lifetime are used in the best possible manner. Financial planning can take many paths during a lifetime. However, if not handled properly, those assets may not be available to family members and other … [Read more...]