NLIC.org

Jimmie Said:

can you check my grammar in these few sentences?

We Answered:

Shouldn't financing in the first sentence be financial, as in the financial industry?
work in the United States, in the world economy
Good luck in the job search!

Peter Said:

Company does not match 401k contributions & does not have a Roth401k. What to do?

We Answered:

You are doing the right things. Maxxing your Roth IRA is perfect and I am also in favor of the EIUL because it provides you a vehicle in which your investment portion accumulates tax free and an EIUL also allows you to withdraw monies tax free.

The problem that most folks don't appreciate with an IRA or 401K is that the trade off for having your initial investments made with pre-tax dollars cause you to have to pay considerably more in taxes on the eventual withdrawls.

The best way to visualize this is the case of the farmer. Is it better for the farmer to pay taxes on the purchase of his seed or on the value of his harvest? Everyone has a choice pay tax on the "seed" Roth IRA, EIUL, VUL or pay tax on your "harvest" 401K, IRA, 403B. The larger your "harvest" grows the more taxes you pay. Why do you think the government is pushing 401K and IRA? A good clue is in the fact that you MUST beginning withdrawing from your 401K and IRA when you reach 70.5 whether you need to or not. They want their taxes!

Daryl Said:

What recourse does a client have with an online stock brokerage should they go bankrupt?

We Answered:

COMPUTER RECORDS SUBMIT TO YOUR STATE ATTORNEY GENERAL

Jay Said:

Please can somone solve 15 simple math probloms for me. Its a requiremnt to get someone online to check it .?

We Answered:

I can check your answers.

As soon as you post your answers.