2022 Tax Deadline is Looming!
Gulf Coast Educators Insurance wants to remind you that April 18th is the deadline to finish up your IRA contributions. If you do make a contribution between January 1st and April 18th of this year, then it is highly important to specify which year you want your contribution to be applied. If you do not specify then your contribution will be applied to this year, 2023.
Gulf Coast Educators Insurance can help you with your contribution questions. An IRA is a form of investment where you set aside money for retirement on a tax-deferred basis. Our agents are highly experienced and can explain the different types and the benefits of each IRA. The different types available include the Roth IRA, a traditional IRA, SEP, and Simple. Don’t go it alone! Our agents are here to help explain all of the ins and outs of each type of IRA available.
Our Southwest Florida insurance agents can help you decide which option of IRA will best suit your lifestyle. The government does place limits on the amount of money that you can invest in your IRA each year. Our knowledgeable insurance agents can help you choose the best IRA option for you based on different factors such as when you want to withdraw the money, if you want to withdraw the money tax-free and pay the taxes first or if you want to invest the money and pay the taxes when you withdraw from your IRA.
Investing in an IRA can be confusing. Our insurance agents are here to help sort out the benefits of each type of IRA. We are happy to help explain the different IRA options and are here to discuss your investment needs with you. We service all of Southwest Florida