2024 Wealth Building Strategies
At BayRock Financial, we understand the importance of strategic financial planning and are dedicated to guiding you through effective wealth management strategies for the new year.
Roth IRA Excess Contributions
Funding a Roth IRA can be an excellent way to save for retirement, but it’s important to understand the income limits and what to do if you unexpectedly exceed your Roth IRA Income Limits for any reason.
Financial Teamwork
Financial Teamwork is an essential element in financial planning. 3 Questions For Your Financial Advisor For most investors, the reason they’ve spent years investing in a 401(k) without getting input from a financial advisor is because they’re not sure where to look for a real “fiduciary”. Another challenge is knowing what specific questions to ask […]
Open Your Roth IRA in 5 Minutes
https://youtu.be/PME45sS49JU 5 Steps to Opening a Roth IRA Make Sure You’re Eligible. Most people are eligible to contribute to a Roth IRA, provided they have earned income for the year. … Decide Where to Open Your Roth IRA Account. … Fill Out the Paperwork. … Make Your Investment Choices. … Set Up Your Contribution Schedule. […]
The BayRock Blueprint
The BayRock Blueprint Hi, I’m Jim Munchbach and I wanted to introduce the BayRock Blueprint. It is our signature product. What is that? The BayRock Blueprint product… It’s a financial planning tool designed to help you Connect your resources to What Matters Most. In other words, its a holistic financial planning tool. It’s not a […]
Tax on Social Security Benefits, Really?
Tax on Social Security Simplified Tax on Social Security is an issue for John and Susie. Let’s use their story as an illustration for how Social Security Benefits are actually taxed. John and Susie felt like there should be no Tax on their SS benefits. After all, they paid into the system all their working […]
Financial Blueprint for Independent Women
The Financial Blueprint for Independent Women The Financial Blueprint by BayRock helps independent women and their families create simplicity and stability by building wealth, protecting assets, and staying focused on What Matters Most. The Product is a Process The Financial Blueprint by BayRock utilizes the most current and secure technology to design and deliver holistic […]
Retirement Planning for Women
Share on facebook Share on google Share on twitter Share on linkedin Retirement Planning for Women is Different Women are managing more money (household and business finances) than ever before. Women face a significant retirement funding gap because of lower average lifetime earnings than men and longer life expectancies. Women sometimes feel insecure about their […]
Retirement Planning Playbook
Introduction: Retirement Planning Playbook The beginning of each new year presents a great opportunity to reflect about whether your Retirement Plan is on track for the coming year. Setting “New Years Resolutions” with no actionable goal or next steps is just not a great plan for the new year or in this case – the […]
Financial Planning 2020
Financial Planning 2020 – Playbook The beginning of each new year presents a great opportunity to reflect about whether your Financial Plan is on track for the coming year. Setting “New Years Resolutions” with no actionable goal or next steps is just not a great plan for the new year or the new decade. Recent […]