Broker Check

Lang Financial Group, Inc. & LFG Advisory Services - Cincinnati, Ohio

 
Inflation and Your Portfolio The Real Cost of a Vacation Home Should You Ever Retire?

2018 Savers Credit

Give Yourself Some Credit!

The Saver’s Credit could pay you back in retirement — and at tax time! If your Adjusted Gross Income (AGI) is $63,000 or less, you may qualify!

If you don’t think you can afford to save for retirement, think again. Contributing to your retirement plan account at work could reduce your federal income tax and you could also get back up to $2,000 when you file your federal tax return.

The Saver’s Credit is like a rebate: Depending on your income and tax filing status, it’s worth as much as 50% of every dollar you save for retirement (up to $4,000 for married taxpayers who each save at least $2,000 and file jointly; up to $2,000 for single filers).

Here’s how much it could mean to you, based on your adjusted gross income (AGI) for 2018:

Married Filing Jointly  Head of Household  Single and Others*  Savers Credit
AGI up to $38,000AGI up to $28,500AGI up to $19,00050% of your contribution
$38,001 - $41,000$28,501 - $30,750$19,001 - $20,50020% of your contribution
$41,001 - $63,000$30,751 - $47,250$20,501 - $31,50010% of your contribution

*Married filing separately orqualifying widow(er)

For more information click here to be directed to the IRS website

So what are you waiting for?

Start Saving for your future - and earning your credit today!

Winning Ideas For Your Individual & Business Growth

At Lang Financial Group, we believe that life mandates a strong financial plan. It is our goal to help individuals, families and businesses develop customized plans that will provide financial security through retirement.  In order to reach that goal, we have a put together a comprehensive set of services for creation, monitoring and revision.

Our independent unbiased approach will help us assess where you would like to go, so we can determine the best way to help you get there. Once your plans are designed and implemented we believe in an ongoing relationship to help you navigate your financial future.  Providing you with the highest level of service is our primary commitment as we work together through the years.

In this era of specialization Lang Financial Group is a team of qualified professions who have experience in the following areas:

  • Employer Sponsored Retirement Plans
  • Financial Planning
  • Investment Management
  • Insurance
  • Business Succession Planning
  • Employee Benefit Solutions

Helpful Content

What Is a Stretch IRA?

What Is a Stretch IRA?

If you have a traditional IRA, you may have the opportunity to extend its tax-deferred status across multiple generations.

Women and Financial Strategies

Women and Financial Strategies

Most women don’t shy away from the day-to-day financial decisions, but some may be leaving their future to chance.

Retiring the 4% Rule

Retiring the 4% Rule

A portfolio created with your long-term objectives in mind is crucial as you pursue your dream retirement.

 

Making Sense Of A Home Warranty

Understanding the value of a home warranty.

The History of Retirement

Do you know where the idea of “retirement” comes from?

How Will Working Affect Social Security Benefits?

Knowing the rules may help you decide when to start benefits.

Planning for the Expected

You can plan ahead to protect yourself and your family against the financial consequences of deteriorating health.

You May Need to Make Estimated Tax Payments If…

Have income that isn’t subject to tax withholding? Or insufficient withholdings? You may have to pay estimated taxes.

Teen Drinking and Your Liability

Drinking may be a “rite of passage” for teens, but when it occurs in your home you may be held responsible for their actions.

View all articles arrow

Federal Income Tax

Use this calculator to estimate your income tax liability along with average and marginal tax rates.

Long-Term-Care Needs

Determine your potential long-term care needs and how long your current assets might last.

Tax Freedom Day

Assess how many days you'll work to pay your federal tax liability.

Should I Pay Off Debt or Invest?

This calculator will help determine whether you should invest funds or pay down debt.

Impact of Taxes and Inflation

Estimate the potential impact taxes and inflation can have on the purchasing power of an investment.

Should I Buy or Lease an Auto?

This calculator compares the financial impact of leasing versus buying an automobile.

View all calculators arrow

Your Cash Flow Statement

A presentation about managing money: using it, saving it, and even getting credit.

Managing Your Lifestyle

Using smart management to get more of what you want and free up assets to invest.

5 Smart Investing Strategies

There are some smart strategies that may help you pursue your investment objectives

Retirement Plan Distributions

There are a number of ways to withdraw money from a qualified retirement plan.

Long-Term-Care Protection Strategies

The chances of needing long-term care, its cost, and strategies for covering that cost.

Protecting Those Who Matter Most

The importance of life insurance, how it works, and how much coverage you need.

View all presentations arrow

What Smart Investors Know

Smart investors take the time to separate emotion from fact.

The Power of Compound Interest

Learn how to harness the power of compound interest for your investments.

Keeping Up with the Joneses

Lifestyle inflation can be the enemy of wealth building. What could happen if you invested instead of buying more stuff?

Emerging Market Opportunities

What are your options for investing in emerging markets?

The Power of Tax-Deferred Growth

Why are 401(k) plans, annuities, and IRAs so popular?

Ready for Retirement?

Are you ready for retirement? Here are five words you should consider.

View all videos arrow