The Wealth Technology Group

Description

The difference between the price at which an asset was purchased and the price for which it was sold. When the sale price is higher than the purchase price, the difference is a capital gain; when the sale price is lower than the purchase price, the difference is a capital loss. Cash Alternatives Assets that are most easily converted into cash and which have a very low risk of price fluctuation. For example, money market funds may be considered a cash alternative.

A credit subtracted from income taxes after preliminary tax liability has been calculated. Tax Deduction An amount that can be subtracted from a taxpayer’s income before taxes are calculated. Taxpayers may use the standard deduction or may itemize deductions if allowable itemized deductions exceed the standard deduction. Tax Deferred A condition of certain plans and accounts under which the funds in the plan or account along with any accrued interest, dividends, or other capital gains, are not subject to taxes until the funds are withdrawn.

At the Wealth Technology Group, our mission is simple--to educate and empower our clients to help them make informed decisions about money, to apply our knowledge and experience toward asset accumulation planning, to help protect assets for the next generation, and to provide highly responsive, individualized client service.

A series of income ranges within which a taxpayer’s income is taxed at a certain rate. Taxpayers pay the tax rate in a given bracket only for that portion of their overall income that falls within the bracket’s range. Federal Reserve System (The Fed) The United States’ central bank. The Federal Reserve System consists of a series of 12 independent banks that operate under the supervision of a seven-member, federally appointed board of governors. The Fed strives to maintain maximum employment, stable price levels, and moderate long-term interest rates.

Typically, when you make contact, you will be offered the opportunity to meet Gary for a telephone appointment, and, should it seem mutually beneficial, a follow-up consultation with either Gary or another professional with experience in your specific area of financial need. Both appointments are without charge or obligation. Should you decide to move forward with a meeting, we will ask you to provide some basic financial data in advance, so that we have the tools to make assessments and set financial goals.

Fact sheet

Products & services

Similar companies nearby