Tax Strategies for High Net-Worth Individuals: Save Money. Invest. Reduce Taxes.

by Adil N. Mackwani

Overview

This book contains strategies to Save Money, Invest, and Reduce Taxes. Such strategies include opening a SEP IRA, contributing to your 401K, maximizing Life Insurance and many more. It is intended to help all incomes levels but in particular people of High Net-worth such as Business Owners, Doctors, and Lawyers etc. The book contains strategies that could help your overall Financial Plan after consulting with a Fiduciary Professional.

Product Details

ISBN-13:	9781734792607
Publisher:	M&A Wealth
Publication date:	04/02/2020
Pages:	106
Sales rank:	265,103
Product dimensions:	5.50(w) x 8.50(h) x 0.31(d)

About the Author

Adil N. Mackwani was born In Houston, Texas to an immigrant couple who are proud Americans that worked hard to create the American Dream. Growing up, talks around the dinner table would revolve around the businesses that his family owned. He saw how hard his parents were working and wanted to figure out instead how to make their money work hard for them. This led Adil to develop a passion for business and to study capital markets. His interest in business led him to be elected as President of DECA at Clements high school. Adil then went on to attend the University of Texas and then continued to pursue an MBA in Finance and Investment Management from the University of Houston.

Throughout his studies he began to read and educate himself on teachings of value investing and financial planning. Which led him to begin his career at a Boutique Financial Planning firm in Houston. Over the years he worked with business owners and individuals to educate them on how to achieve financial freedom while growing their assets. Adil formed M&A Wealth to create more value opportunities for his clients while giving a personalized approach to financial planning that focuses on the goals of businesses and individuals.

Table of Contents

About Adil Mackwani

Preface

The Basics: Emergency Funds

Cash Value Life Insurance: Thinking Like A Bank

HSA Accounts: Triple Tax Savings

Tax Deferred Accounts

Roth IRAs And 401(k)s

Backdoor Roth IRAs: Roth Accounts At Any Income Level

College 529 Plan Savings

Mega Backdoor Roth Accounts

Non-Qualified Deferred Compensation Plans

Why You Need A Regular Brokerage Account

Deferred Annuities

Long-term Care Insurance

What To Do With Social Security In Retirement

C Corporation Tax Advantages

Dynasty Trusts: What They Are And Why You Might Need Them

Which Tax-Advantaged Accounts Should I Open First?

2020 Tax Law Changes You Need To Know

Conclusion