May 06 2008
sbi tax saver mutual funds
» Escrito en Cash Loan Business Tips por writer3 a las 13:57
sbi tax saver mutual funds
Not seeing your retirement funds increasing? The volatility of the stock market can make it difficult to determine which stocks and mutual funds will consistently grow your nest egg.
Do you wish there were other options when saving for your future?
There is - a truly self-directed IRA. A truly self-directed IRA allows you to have total control of your retirement investments. That means you can invest in real estate, promissory notes, mortgages, deeds of trust, tax liens, equipment leasing, mobile homes, private placements, limited partnerships, limited liability companies and foreign exchange (forex).
Brian Harris, an investor at self-directed IRA custodian Equity Trust Company, used his self-directed Roth IRA to invest in something he had a passion for, musical instruments. By using your knowledge and expertise you can invest in the assets of your choice in a self-directed IRA and prepare for your future and your family’s future.
Learn to Create Tax-Free Profits for Life with a Self-Directed IRA
Not only do you have more freedom with a self-directed IRA, but self-directed IRAs also provide tremendous tax benefits - including tax-free investment profits. One of an IRA’s greatest features is it allows Americans to enjoy the true power of tax-deferred compounding interest. Compound interest occurs when interest is earned on a principal sum along with any accumulated interest on the sum. In other words, you are earning interest not only on your original investment sum, but also on the interest earned from the original sum.
Compound interest can occur with any investment you make, but the “true” power of compounding interest is obtained when you make an investment in a tax-deferred environment, like an IRA.
By taking advantage of an IRA’s tax-deferred status, you do not have to pay tax immediately on your earnings. Thus, you are able to enjoy the power of compounding on ALL of your profit, not just what is left after taxes.
Investors Have Been Taking Advantage of Self-Directed IRAs for Over 30 Years…You Can Too
Successful investors have been investing in real estate and other assets with their self-directed IRA for more than 34 years. You may not know this opportunity exists because most IRA custodians do not offer truly self-directed IRAs that allow Americans to invest in real estate and other non-traditional investments.
Although it is possible to invest in a wide variety of assets, you should be aware of what investments are not allowed with an IRA. These include: artwork, rugs, antiques, metals, gems, stamps, coins, beverages and certain other tangible personal property. These have been stated by the IRS and cause tax consequences as well as possibly losing your self-directed IRA (please see IRS Publication 590 for more information).
Don’t Rely on Social Security - Start Saving for Your Future Now
According to the 2007 Retirement Confidence Survey by the Employee Benefit Research Institute, Americans are not prepared financially for retirement. The survey also revealed that almost half of workers saving for retirement report total savings and investments (not including the value of their primary residence or any defined benefit plans) of less than $25,000.
Don’t let yourself fall in the category of being unprepared for retirement. And don’t fall victim to thinking stocks and bonds are your only retirement investment options. A self-directed IRA provides freedom to choose investments you are most comfortable with and gives you amazing tax benefits. Now is the time to start investing with a self-directed IRA. The earlier you start, the more you will build for retirement.
For more information about achieving diversification for retirement, please visit http://www.trustetc.com or contact a self-directed retirement specialist at 1.888.ETC.IRAS (382.4727).
Jeffrey Desich is President of Equity Administrative Services and a Registered Principal with Mid Ohio Securities. Additionally, he is actively involved in Real Estate and the Financial Service Industry. As an expert on real estate investing with self-directed retirement accounts, Jeff has written numerous articles concerning self-directed IRAs and speaks extensively across the country, educating investors on the topic. With his knowledge and understanding of self-directed IRAs, Jeff has helped thousands of real estate investors create retirement plans for themselves and their families. Jeff has been quoted in a number of financial publications, including CBS Market Watch and Investors Business Daily, and is a guest lecturer at the Ohio State University’s prestigious Max Fisher College of Business.
sbi tax saver mutual funds
