Posts Tagged “tax deduction”
A Quick Review of the IRA Contribution Rules for 2011 as of February 2012
By Jorge Hiram Garcia, Your Insurance Advisor | February 15, 2012
A taxpayer who has earned income from a job may be eligible to make an IRA contribution. However, that taxpayer might not be eligible to deduct the traditional IRA contribution, make the contribution to a Roth IRA, or make a contribution to a spousal IRA. If the taxpayer is age 70½ or older by the [...]
Good News for Your 2011 Tax Return
By Jorge Hiram Garcia, Your Insurance Advisor | February 15, 2012
There’s still time to make 2011 IRA contributions If you’re just beginning to think about completing their 2011 income tax returns, they you might also be thinking about doing some last-minute tax planning. A popular move at this time of the year is to make a last minute contribution to yoru IRA. 2011 IRA contributions [...]
Annuities: What is a Charitable Gift Annuity
By Jorge Hiram Garcia, Your Insurance Advisor | June 17, 2010
A Charitable Gift Annuity is a type of Single Premium Immediate Annuity. Charitable Gift Annuities can be a great way to for the average person to help or contribute a significant amount of money to their favorite charity or church. With a Charitable Gift Annuity, a person can transfer cash, or marketable securities to a [...]
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