The provider had its “most successful tax season,” with more than $287 million in deposits across annuities and IRAs. #NewsismyBusiness
Liga de Ciudades’ funds navigator will facilitate Puerto Rican towns’ search for climate and infrastructure project subsidies. #NewsismyBusiness
Among the X-Square Balanced IRA's benefits is that there are no penalties for withdrawing money.
Are you looking to save for your retirement, or do you need a tool that gives you tax relief? An IRA account can help you save for your retirement and at the same time receive a tax relief you need. Here are some of the benefits you will receive with an IRA account: It is […]
To maximize returns on your investment, you will need to choose diversified instruments at terms of five years or more. One of the instruments most commonly used by local investors is Oriental’s Diversified Growth IRA (DGI)1, which also offers the tax relief everyone is looking for when the time comes to file taxes, as every […]
https://media.blubrry.com/dollarsandsensenewsismybusines/newsismybusiness.com/wp-content/uploads/2019/04/NIMB-Podcast-S1E11_mixdown.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSSCPA Rubén Rodríguez, a member of the Puerto Rico Society of CPAs, and expert on the topic of Individual Retirement Accounts (IRAs), discusses their benefits to taxpayers in Puerto Rico in our latest podcast episode.
Individual Retirement Accounts (IRA) are one of the few instruments allowed by the Puerto Rico Internal Revenue Code that provide a tax benefit to individuals. In addition, it is an excellent vehicle to create a retirement fund. What is the taxable benefit? The benefit is to take a deduction in the income tax return for every […]
[SPONSORED POST] It’s tax season, and you are looking for a tax relief. An IRA could be the perfect option for you, and it will help you save for your retirement and at the same time it would give you that relief that you are looking for. Before you choose a product, it is important […]
Even though our island is facing a severe economic recession that has lasted more than 10 years, and priorities could have changed after the passage of hurricanes Irma and María last year, we can’t procrastinate our responsibility to properly plan for our individual future.
The Individual Retirement Account is a retirement savings account. However, the funds in an IRA may be used for other purposes in case of an emergency or special need and the Puerto Rico Internal Revenue Code provides for it.
Oriental Bank is kicking off this year’s IRA push with a multimedia campaign focusing on changing the younger population’s perception of the savings tool, which is usually associated with the older customer.
An Individual Retirement Account is one of very few deductions that remained available in the income tax return after the approval of the new Internal Revenue Code.
Oriental Bank is kicking off this year’s tax season, when individuals are seeking money management tools to reduce their obligations with the government, with its Diversified Growth IRA (DGI) campaign, a collective investment fund that has yielded positive growth results over the past decade.
The Individual Retirement Account, best known as an IRA, is one of the few options that the Puerto Rico Internal Revenue Code provides as a tax shelter mechanism for tax relief when filing the income tax return. In addition, the IRA promotes the creation of a private and individual fund for the account holder’s eventual retirement.
Looking to lend a hand to Puerto Rico nonprofits, Oriental Bank & Trust is taking a different approach to its Individual Retirement Account program this year, launching Tuesday a product that lets customers who open an account choose an organization that will benefit from a cash donation from the bank.
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