SUNWEST TRUST WILL BE CLOSING AT 3:00pm mtn time ON MAY 29, 2015 SO WE MAY PREPARE FOR OUR MOVE TO OUR NEW LOCATION. EFFECTIVE JUNE 1, 2015 OUR NEW STREET ADDRESS WILL BE 10600 MENAUL, NE, ALBUQUERQUE, NM 87112
“Sunwest Trust facilitates non-traditional transactions that help people reach their financial goals.”
It’s April and I’m sure we are all looking forward to the 15th so that we can get our taxes filed and forget about that for the next few months, but I looked it up and at least in 2014 the actual “tax freedom day” wasn’t until April 21st. That means that the average American worked from January 1, 2014 until April 21, 2014 simply to pay their taxes. Now to be fair, this includes federal, state and local taxes, but that is a lot of work and it makes me feel like I’ve already wasted most of the year and I’m still not making anything for myself.
What if I could show you a way to move that day back at least a few days and then practically eliminate it in your retirement years. Well the first way is to contribute to your traditional IRA account and in most cases the amount you contribute is deductible (subject to the maximum contribution.) The way to save taxes in retirement is to make non-deductible contributions to your ROTH IRA and those can grow and always be tax free. Doesn’t that sound good? If you haven’t already, call your CPA or tax professional to ask them about these suggestions and see if they are right for you. Then call us or look around this site to see the alternative investments you can make.
In the meantime, let me tell you about the exciting things going on here at Sunwest. On March 31, 2015, we closed on the purchase of our new building. That’s right, thanks to you; we have outgrown our old space and are moving into a new 14,000 sq. foot building. We are very excited and are looking forward to showing you our progress over the next few months. Stay tuned and subscribe to our YouTube channel for videos of the new space.
As always, thank you for your business.
Terry White – President/CEO