Investors can make your retirement deposit and WAIT! Meet deposit deadlines to collect tax deductions but don’t put a deadline on your investing research.  Money strategies - planning & managing wealth, Lesson 9, teaches the importance of meeting retirement account deposit deadlines. But, never use picking up a tax deduction as reason to skip doing your research. Links at the lesson end guide you to related content to learn more.

What’s in this lesson for me?

More money faster is the payoff for a richer retirement! By understanding and acting on the importance of meeting deposit deadlines you increase returns. Investment research can increase returns and lower risks. Avoiding risks put more money in your pockets.

Don't be rushed into a tax deduction

Investor deposit and WAIT! Waiting after making a deposit to a retirement account can pay off! Taking time to research the best investments puts more retirement money into your pocket! Don't let an advisor rush you into an investment decision. The deposit can sit in cash while you research.

You get the deduction for making the deposit. So doing your homework to make a careful investment can put many more dollars into your pocket. And that puts you farther ahead.

Deposit to get the tax deduction put don't think you have to get that money right into an investment. Research your many investment alternatives. This is especially for any investor not certain of the best way to invest retirement savings.

Two steps can put thousands of dollars into your pockets

You need a plan. Here is a simple one. Before you commit to making a specific retirement investment, consider taking this two-step approach. It could put many thousands of retirement dollars into your pocket.

1. Deposit - get your tax deduction and saving

2. Research - find your best low-cost investment

Your retirement deposit triggers the tax deduction

Your retirement deposit accomplishes two things. A deposit made in a tax-deductible account before the tax deadline, gets the tax deduction. Second, you want time to learn about your investing options. You also need time to think.

Thinking and researching offer very big payoffs

Financial decisions have a huge impact on your retirement savings and future quality of life. You need time to research, to learn and to think. Then you can make the best decision for you. That lets you do what is in your own best interest.

Accomplish the first step by simply depositing the cash in a tax-deductible account. Before making the deposit, make certain you can direct or redirect the money, at any time, into any investment that you want. In the meantime, you want your deposit held as cash.

Why wait to get the money to work?

Many salesmen eagerly wait for the opportunity to increase their bonus. To get it they need to get their hands on your money. That certainly can put your money to work. That works for them but you should consider several options.

If you are thinking of investing in mutual funds you need to do some homework. There are far less expensive ways to earn the same or better returns. The differences go into your pocket.

By getting the same investment performance at lower costs those differences can add up to many thousands of dollars. For a little effort, you can consider several ways to significantly increase your retirement savings. Following the, investor make your retirement deposit and WAIT, approach can start you on the way to a more financially secure retirement.

It can mean the difference between a comfortable secure retirement and one under a financial cloud. We will continue our discussion of what to do with your retirement deposit in the next White Top Investor lesson.

Why this lesson matters

Deposit deadlines are not research deadlines. Meeting a deposit deadline to secure a tax deduction is important but no limit for doing your investing homework. Investors that know this can avoid decisions that compromise their investing performance. Don't be pressured into making investment decisions before your research is done. That will put more money into your investing future.

Takeaways from lesson 9, Investors can deposit and WAIT!, includes:

Investors can make your retirement deposit and WAIT! Meet deposit deadlines to collect tax deductions but don’t put a deadline on your investing research.

• Meet retirement account deposit deadlines to capture tax deductions.
• Don't let tax deadlines make you rush or skip you investing research.
• Use any tax deduction to add to your retirement savings.
• Taking time to research helps you find the best investments.
• The best investments put the most returns into you pocket.

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Comments and questions welcome

Email me at WhiteTop@WhiteTopInvestor.com.

Make money work for you

Use White Top Investor lessons to learn investing. Then, grow into a knowledgeable, comfortable and confident investor. In fact, you can learn investing one small step at a time at your own pace. Do that and become the master of your financial security and independence. White top Investor never sells or shares our email list. Learn more.

Money strategies, lesson links:

Introduction to Money Strategies - Planning & Managing Wealth Lesson 1 Investors and traders ride growth Lesson 2 8 Big money matters Lesson 3 Nelson Mandela touched investors Lesson 4 Market time grows money Lesson 5 Stock market dip opportunities Lesson 6 Investing strategies taking profits Lesson 7 5 Money making strategies Lesson 8 Investors can deposit and WAIT! Lesson 9 Change moves markets forward Lesson 10 ETF Revolution changes investing Lesson 11 Benjamin Graham market mix Lesson 12

Next lesson 10

Change moves markets forward as a stock market constant. 3 big investing choices gives investors many options for change to plan, grow and manage their wealth. Have a prosperous investor day! Bryan White Top Investor whitetop@WhiteTopInvestor.com WhiteTopInvestor.com Let’s connect, follow me; Twitter LinkedIn Facebook Image courtesy FreeDigitalPhotos.net

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