DFA Newsletter

DFA Newsletter

 


Winter 2011  



>>> For The Self-Employed: 4 Retirement Plan Choices
When you’re self-employed, it’s often difficult to set aside money for retirement because every dollar is coming out of your own pocket. Yet if you don’t invest in your future, no one else will, so it’s important to make retirement saving a top priority. You can use one of several saving and investment vehicles whose features can help you gradually build a substantial nest egg. Consider these four retirement plans that are specifically geared to the self-employed. click for more. . .
 
>>> Retirement Saving Takes Time And Must Be A Priority
The bad news: If you’re like most people, you haven’t made adequate plans to ensure a comfortable lifestyle throughout retirement. The good news: You may still have time to do something about it. click for more. . .
 
>>> Start Estate Planning For Your Child Now
You may already have had a power of attorney drafted that lets you act on behalf of elderly parents. And it’s possible you have estate planning documents dealing with the possibility that you or your spouse could become incapacitated. But what about your college-age children? click for more. . .
 
>>> Seven Tax Ideas You Can Use Throughout The Year
Even people who pay estimated taxes get the summer off, with no payments due between June and September. But that doesn’t mean you should take a vacation from tax planning. By staying focused year-round on this essential part of your financial life, you may be able to reduce your federal income tax liability for 2011. These seven timely tax moves could help. click for more. . .
 
 
 


 

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 Information is based on sources believed to be reliable; however, their accuracy or completeness cannot be guaranteed. This information is not intended to be a substitute for specific individualized tax or legal advice.Please note that individual situations can vary. 
 
*Roth conversions or Roth recharacterizations may not be suitable for all investors. Individual situations may vary. If converting a traditional IRA to a Roth IRA, you will owe ordinary income taxes on any previously deducted traditional IRA contributions and on all earnings. We suggest that you discuss tax issues with a qualified tax advisor.