Building your nest egg means growing your wealth in the most effective way possible. If you are not automated for optimization (AFO), then you are throwing your cash away. What does this mean? It means setting up your finances in a way that clever strategies are being executed for you. All without a lot of micromanagement on your part. Sometimes this entails working with outside consultants (like BFS). And sometimes it means taking advantage of every vehicle including Retirement Savings Tax Credit. This credit used to be known as the Retirement Savings Contribution Credit.
Here at Business and Financial Solutions; we are accountants, CPAs, Enrolled Agents, and financial experts. We don’t set up or hold your retirement accounts. But we do provide an expert perspective and advice on how you can manage your retirement funds. We take a holistic approach to your financial and tax situation.
Sometimes simple strategies are overlooked. Don’t just look at contributions to tax-deferred retirement accounts such as the traditional IRA. These qualify for the retirement savings tax credits. But a myriad of account types and structures including the Roth IRA, the 401(k), SIMPLE, SEP, and the 403(b) qualify as well These are just to name a few. Figuring out how much you will benefit from the credit and what other tactics to undertake means working with professional affordable accountants.
Sometimes you don’t need someone to take the captain’s wheel. Other times you just need to get pointed in the right direction. Why pay for a captain when all you need is a guide?
Business & Financial Solutions is an accounting firm. And we have several offices in the Washington DC metropolitan area. One of the office locations in in Vienna VA. BFS has seen nearly every mistake made by naïve individuals and investors. We’ve also seen more than our fair share of brilliant savings strategies.
Don’t waste your money…
Call us at 855-557-2222 or email firstname.lastname@example.org
Learn the secrets of AFO by maximizing the benefits you receive from every dollar spent, saved, or invested. Learning the necessary knowledge doesn’t necessarily take a full course, A few tips can make the difference between a modest retirement fund and a more comfortable retirement savings. The retirement savings tax credit is not something that everyone can qualify for. And according to the IRS website, the major requirements for eligibility are that you must be:
If you qualify, it means that you’re in a position where the government is essentially trying to encourage you, They want you to save more for retirement. There are also eligibility restrictions based on your income. Though resources can be found online, it’s best to speak with qualified accountants. So you can find such agents at Business and Financial Solutions.
Learn more about retirement planning. And let us help you maximize your AFO (automated for optimization) ratio. In exchange, we will help you discover the various tax rules and savings plans. And you can take advantage of them today. As a full-spectrum accounting firm, we can help. We can show you which IRA (and IRA companies) are right for you. We’re consulting accountants, not salespeople. A salesperson will recommend what they’re selling. A consultant will recommend what’s best for you. Work with BFS to get the outside perspective. BFS will make sure that you are always well-informed. We will also get you pointed in the right direction today.