Unfortunately, there are a lot of commonly held beliefs regarding independent broker-dealers that are inaccurate and discourage firms from taking advantage of their services.
The following are five incorrect assumptions you should avoid having regarding independent broker-dealers so that you take full advantage of the value propositions broker-dealers offer.
Compliance with regulations is easier without working with an independent broker-dealer.
One of the most important things investors need to do to keep their business healthy and out of trouble is complying with regulations.
Is your low credit score keeping you from accomplishing a goal? Maybe you want to buy a house or a car but you can't get the loan you need. If things feel like they've hit rock bottom, it's time to get serious about repairing your credit. Here's how you can start moving forward (and upward) when it comes to your credit score.
Pull Your Full Report
You can't start fixing your credit problems until you see them all laid out in front of you.
When you work as an independent contractor as well as have a job with an employer, you have a full plate when it comes to your work life. Your plate might be so full, in fact, that you do not have much time to think about things like your retirement savings and planning. However, when you are in such a work position, it is vitally important that you take a good, hard look at what you want and need from your retirement savings and develop a retirement plan that works for you.
If you're looking for a good investment opportunity, you might consider a DST 1031 properties exchange. This is where you sell a property and find an exchange, with the sale of the initial property not having capital gains. If you're thinking about this investment opportunity, remember these tips.
Set Up 1031 Before Closing
Before you officially close on another property, it's important that you already have this 1031 exchange set up.
An inherited IRA is a valuable part of many retirement plans. Such an inheritance can jump-start your own retirement accounts or supercharge them during the later parts of your working life. But with new rules related to inherited IRAs being passed, how should your plans adjust to maintain the best results? Here are a few key things to do.
1. Draw from the Inherited IRA First. The SECURE Act requires that inherited IRAs be completely drained within 10 years of acquiring them.