It is no secret that the economy is one of the most turbulent one in recent years. The future of the economy is also uncertain. However, this is not the end of the proverbial world as far as expanding one’s financial opportunities is concerned. The need for sound advice is truly important since this will yield the much needed help that some are in dire need of. But, how would someone know the advice on investing they receive will be sound.

Continue reading...

When you file this year’s 1040 income tax return you may be entitled to obtain an income tax credit of up to $1,000 (up to $2,000 if filing jointly) if you make an eligible contribution to an employer sponsored retirement plan or an Individual Retirement Account. This credit is a nonrefundable tax credit. A nonrefundable credit cannot be greater than the amount of your tax liability. This credit is in addition to any IRA contribution or contributions that you may make to a qualified plan

Continue reading...