Tax Sheltered Annuity TSA 413b - What is It?
Posted by: Eric Hundin in , Estates, Wills, Trusts, Career Information, Blog CarnivalTax-Sheltered Annuity (TSA), also known as a 403(b), is an alternative retirement savings plan. Not everyone can participate in this plan, and it is restricted to those who are employed by educational, cultural, or non-profit organizations such as religious groups (also known as 501 (c)(3) organizations).
TAX-SHELTERED ANNUITY BENEFITS
Contributions to a Tax-Sheltered Annuity are done through a payroll deduction and are therefore taken out pre-tax. This feature of a (more…)
Living Trust Confusion
Posted by: Eric Hundin in , Estates, Wills, Trusts, Career Information, Blog CarnivalConfused about living trusts? If so, you are not alone.
A living trust is a legal entity normally created to hold assets in your lifetime and distribute them after your death. [A living trust has nothing to do with a living will. A living will is a document that states your desires regarding use of artificial means or heroic measures if you become disabled.]
The internet is littered with so-called “experts” loudly proclaiming their opinions about living trusts.(more…)
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