What is a Qualified Retirement Plan?
While many corporations have eliminated traditional pensions, most continue to offer employees the opportunity to save for retirement through defined-contribution plans like 401(k) and 403(b) plans. Those numerical designations refer to the Internal Revenue Code sections that authorize the plans and have become shorthand for employee retirement savings vehicles. The question of “qualified” versus “non-qualified” refers to compliance with the 1974 Employee Retirement Income Security Act (ERISA).
What Are Good Tax Shelters?
Sheltering income from taxes, also known as tax avoidance, is a legitimate and worthy pursuit. It is distinguished from tax evasion, which is the deliberate underpayment of or failure to pay taxes. There are several excellent ways to shelter income from taxes, including making contributions to certain retirement accounts, using pre-tax dollars to pay for health insurance and medical care, enrolling in a college savings account, and owning a business.
How to Start a 702(j) Retirement Plan
A 702(j) plan is actually not a retirement plan at all. It is a life insurance policy. However, it is marketed to certain clientele as a retirement plan by some insurance agents.
What is the Tenant Required to Pay in a Triple Net Lease?
In commercial leasing, there are various names for lease types, and some are used interchangeably at times, so it is always advisable to rely on the lease terms for guidance rather than the name someone has used in reference to a lease. However, a Triple Net or NNN lease commonly assigns most costs of operating a building to the tenant rather than to the owner.
What Does A Landlord Pay In A Triple Net Lease?
Investment properties with triple net leases in place can provide a number of potential benefits to landlords.
Which Investment Types Can Help Manage Risk?
To understand which investment types can help manage risk, we need first to define risk. This might seem like a redundant thing to do since most people have some idea of what risk is. The problem is that risk can mean different things to different people.
Tenant-in-Common Investment Property Offerings: How They Work and What You Need to Know
An investment offering provides investors with the information they need to know to decide whether to invest or not in a particular opportunity. This is no different for tenant-in-common (TIC) offerings. In this article, we'll go over what to expect in a TIC offering and the associated subscription letter.
UPREIT vs. DownREIT
Real estate investment trusts (REITs) were created by Congress in 1960 as a way to give all investors an opportunity to invest in large-scale real estate.
Which Retirement Plans Offer Tax Benefits?
With so many retirement plans on the market, it can be challenging to understand the potential tax benefits of each plan. While most plans have some potential tax benefits, what plan might suitable depends on current age, desired retirement age, tax bracket, income, and more.
What is a Tax Shelter and How Does It Work?
Merriam-Webster defines the term “shelter” as: Something that provides protection An establishment that houses and feeds strays or unwanted animals Delving into this a little further, a “tax shelter” isn’t too far off the first definition’s mark, while having nothing to do with the second. Turning back to Merriam-Webster, a tax shelter is defined as: An entity, such as a partnership or investment plan, formed with tax avoidance as a main purpose An interest offered or purpose, with the goal of providing favorable tax consequences
