Should I file my own taxes?↓

The biggest distinction here is whether we are dealing with an individual (a W-2 employee) or a business (a 1099 contractor, or a business entity like an LLC). The individual has limited options, but either way, the number one thing to do is open an IRA.

What is an IRA?↓

An IRA, or individual retirement arrangement, is a brokerage account that has special rules associated with it. By investing in securities with your IRA, you will be entitled to significant tax benefits.

Roth IRA vs Traditional IRA?↓

While both IRAs offer tax advantages, a traditional IRA gives you an immediate tax break while a Roth IRA gives you a tax break when you retire. Your advisor will help you determine which of these accounts is right for you.

How much savings do I need to retire?↓

This is a very important question with no easy answer. Your advisor will spend a significant amount of time helping you answer this question based on your needs and preferences.

What is a 401(k)?↓

A 401(k) is a tax-advantaged, defined-contribution retirement account that many employers offer employees without individual retirement accounts (IRA). Traditional 401(k) plans are not taxed until money is withdrawn, whereas Roth 401(k) plans offer tax-free withdrawals. Employers often match employee contributions made through automatic payroll withholdings.

What info do I need to file taxes?↓

Personal info, such as social security number or tax ID number, dependent(s) info, sources of income, and types of deductions, which includes charitable donations, as well as medical and educational expenses.

How much money do I need to start investing?↓

Most people think you need thousands of dollars to begin investing. Advances in investment technology make it possible to start investing with as little as $100 or less.

What's the cost to invest with Toce Financial Group?↓

Toce Financial Group is very transparent about the cost of investing with us. Here, we are fee-only advisors. Your fee will be determined on a case by case basis. However, your fee will never be more than 1% of your total account value. Any other costs incurred will be paid on your behalf by Toce Financial Group.

Is now a good time to invest?↓

It’s not about timing the market, it’s about time in the market. Research clearly shows that the longer you are invested the better you will do. Waiting until later to invest, no matter the reason, is a costly investment mistake.

Living Will vs Last Will and Testament?↓

A Last Will and Testament enables individuals to decide how assets will be distributed and used after death. A Living Will pertains to an individual’s decision to maintain life-support in the event that they are no longer able to communicate their wishes.

What is DRIP investing?↓

DRIP is a dividend reinvestment plan. Basically, it keeps money totally invested by taking dividend payments in the form of shares instead of cash.