Save Money Before It's Too Late

Did you know...

If your employer offers a flexible spending account, you may set aside pre-tax dollars for medical expenses and qualified dependent care expenses. In this way, you save money on the taxes that otherwise would have been levied on those dollars.

You may qualify for a retirement savers credit on your tax return if your adjusted gross income is within the limits AND you contribute to some kind of retirement account. If you qualify and you aren’t putting money into a retirement account, you are losing money.

Did you know that if you have employer stock in your 401k retirement account, that you may be entitled to special tax treatment when you roll it over to an IRA that may save you lots of taxes? It also applies to ESOP plans.

You can donate appreciated stock that you have held more than a year to your favorite charity and not recognize the gain on the stock.

One of your most important assets is your health.

There are many, many choices that you have everyday in your life that affect your financial life. Understand your choices while you can take ACTION versus REACTION.


IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained in this communication, including any attachments, is not intended or written to be used, and cannot be used, for the purpose of 1. avoiding penalties under the Internal Revenue Code or 2. promoting, marketing, or recommending to another party any transaction or matter addressed herein.

Securities offered through Valley National Investments, Inc. - an independent broker/dealer and member FINRA and SIPC.