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Options Banc Investment, Options Banc, investment, college savings plans, CollegeAdvantage, college savings, Roth IRA, IRA rollover, 401(k) rollover, rollover, Putnam, Putnum, insurance, mutual funds, retirement plans, annuities, pension funds, IRA, 401(k), 403(b), variable annuity, retirement investing, tax and savings proposal, LSA, RSA, ERSA
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How much can I fund my IRA?

Roth and Traditional IRAs - $4,000 for 2007 (increased to $5,000 for 2008) plus $1,000 catch-up if you are age 50 or over by the end of the year.

SEP IRAs - 25% of your wages (or up to 20% of your net earnings from self-employment) up to a maximum of $45,000 for 2007 and $46,000 for 2008. Contributions can be made up to the employer's tax filing deadline, including extensions (if you are self-employed, you are the employer).

SIMPLE IRAs - $10,500 salary deferral plus $2,500 catch-up if you are 50 or over for 2008 plus up to 3% of your salary matched by your employer.

Profit Sharing/401(k)s - $15,500 in salary deferral for 2007 and 2008, plus catch-up deferral of $5,000 if you are age 50 or older by the end of the year plus 25% of your wages (or 20% of your net earnings from self-employment) up to a maximum of $45,000 for 2007 and $46,000 for 2008 (excluding the catch up contribution of $5,000).

Coverdell ESAs (formerly Education IRAs) - $2,000 per year until the child is age 18. 
Health Savings Accounts (HSAs) - $2,850 for individual coverage in 2007 ($2,900 for 2008) and $5,650 for family coverage in 2007 ($5,800 for 2008) plus $800 catch-up for 2007 ($900 for 2008) if you are over age 55.

 

Advising:

   Financial Planning

   Retirement Planning
   Insurance Planning
   Tax & Estate Planning
   College Planning


   Investment Banking

   Acquisition Support
   Sales & Succession Planning
   Commercial Financing

   

Investing:

   Asset Management

   Asset Allocation
   Product Research
   Portfolio Monitoring


   Self Directed

   Options 401k
   Self Directed IRA



800-989-9868

 




Disclaimer: This material and any views expressed herein are provided for informational purposes only and should not be construed as an endorsement or inducement of any investor advisory services or as an offer to sell or the solicitation of an offer to purchase any securities. Before seeking any advisor's services or investing any money, investors must read and examine thoroughly the respective disclosure document, offering memorandum or prospectus.

Options Investment & Loan Inc.
2700 Glades Circle Suite 104
Weston ,  FL  33327
Phone: 800-989-9868
Fax:800-764-6332
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