Tax Legislation
The past several years have seen tremendous changes in the federal tax code. These changes were designed to increase Americans' ability to save and invest for their futures. Are you taking full advantage of these new savings and investment opportunities? Your VALIC financial advisor can help you find out. For example, your VALIC financial advisor can sit with you, face to face, and discuss ways you can use the savings from the new lower income tax rates to set aside money to fund a child's education. Or how you can now increase contributions to a tax-advantaged retirement savings plan due to higher contribution limits. The tax law changes have been a significant boon to many investors seeking to ensure their financial futures.
But we don't stop there. We also work for you in the legislative halls and chambers where new tax laws are enacted, promoting state and federal legislation favorable to retirement investors and tax-qualified investment plans. For example, we were instrumental in crafting the most recent tax law changes, known formally as the Economic Growth and Reconciliation Act of 2001.
If you are not availing yourself of the additional ways to save and invest, there's no better time than now to learn how recent tax legislation can help you reach your financial goals. Your VALIC financial advisor has many tools available to assist you in setting up a financial plan that benefits you and your loved ones.
#40030
|