All of our Quest Trust offices (Houston, Dallas and Austin) are still working to ensure safety by having semi-open offices available, accessible to clients and non-clients, and all of our online systems in place. Although we are currently running with some staff in office and some staff at home, we remain open for scheduled appointments and document drop off/pick-up. Our employees are ready to continue providing you the highest level of customer service and we thank you for being patient with us during this transition time. Click here for more information and important updates.
Do you want to take more control over your retirement investment accounts? Have you been considering a self-directed IRA but worried about the rules? You want to diversify your portfolio - outside of the traditional investment markets such as stocks and bonds. That's where a self-directed IRA comes into play. It allows you to diversify while also keeping... [ Read More ]
Investing for retirement is something worth beginning as early as possible. Current annual costs for someone over the age of 65 are approximately $50,000. So you'll need a significant amount in your retirement account in order to live comfortably during this time. One of the best ways to begin saving is a self-directed IRA, but not everyone knows how... [ Read More ]
In order to live comfortably during retirement, you'll need to start saving as soon as you can. Opening an IRA account is widely known as one of the most reliable ways to invest in your future. There are two major ways to fund your IRA: transfers and rollovers. Not everyone understands the difference between the two, though. Not... [ Read More ]
Health Savings Accounts are perceived to be among the most tax-advantaged financial instruments. HSA helps people with high-deductible medical plans and controls medical costs. Unfortunately, most people are not aware that they can invest their HSA funds. Like any other investment, investing in your HSA will help grow your money and boost your savings in the long run.... [ Read More ]
Many adults pay into 401k plans without fully understanding what the investment means. There is certainly the overarching understanding that a retirement plan is for life after working a corporate job. What does a healthy 401K account look like, though? You may want to consider the following concepts when determining if your retirement plan is on the right... [ Read More ]
Minimizing taxes for future retirement income is not always easy, but it is very important for putting together an effective retirement plan. For example, although many retirees expect to pay lower tax rates on their IRA or Individual 401k after they have left the workforce, their tax rates may still go up due to social security taxes and... [ Read More ]
If you are beginning to plan for your retirement or want to change your retirement savings account, you may be intrigued by a Roth IRA. Roth IRAs are popular retirement savings accounts, although contributions to Roth IRAs are not tax-deductible, any withdrawals from the account are tax-free. There are, however, some important factors to consider when choosing a... [ Read More ]
Real estate syndication is a strategy that investors can use to pool their resources and invest in large real estate projects. If you're looking to invest in large real estate projects but don't have the funds to get a project started on your own, syndication is a great strategy that you can use to get your foot in... [ Read More ]
Title I – Expanding and Preserving Retirement Savings Sec. 101. Unrelated small employers may now join together in defined contribution Multi-Employer Plans (MEPs), starting in 2021. Sec. 102. Raises the cap for automatic enrollment cap in employer-sponsored plans from 10% to 15% of pay after 1st plan year. Sec. 104 Small business owners with up to 100 employees... [ Read More ]
401k accounts are retirement accounts that are set up and managed by your employer. However, if you are a freelancer or entrepreneur that runs your own business, you may want to set up a 401k just for yourself. Many people don't realize they have this option, but it's a great way to build up your savings for retirement.... [ Read More ]