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Retirement administration services often advise their clients to be ahead of the rules and regulations to get tax incentives.
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Make Your Retirement Dream of Owning a Home Come True By Congruent Solutions © 2020-2021 All Rights Reserved, No part of this document should be modified / used without prior consent. Congruent Solutions
People tend to push investing in real-estate to the last moment, i.e., after their retirement. In today’s scenario, owning a home is a necessity since in the upcoming years it might turn into a luxury. The real estate industry has become increasingly complex and expensive due to the pandemic situation. Couples who are nearing their retirement years are finding it difficult to navigate the real estate market to sell their existing home and hunting for their dream home. With the right aid from retirement plan administration software, you can make your dream of owning a beautiful and chic home come true! Leverage the Market Condition ● If you have a property that doesn’t generate income or where you don’t live, consider selling it off in 2021. This year, despite price fluctuations, the market for home real estate is booming, making it viable for sellers to market their property. Register your properties for selling and the income generated from the sales can fuel your retirement home requirements. List Your Home for Faster Selling ● Listing your home with popular real estate agents is one of the best and assured ways to sell your existing property sooner while getting a good deal. Ensure that your home looks attractive to attract potential buyers. The faster you sell your property the higher income you can generate, which can be set aside for your retirement purposes. Tax Incentives ● Retirement administration services often advise their clients to be ahead of the rules and regulations to get tax incentives. The profits made after tax while selling a home can be redirected to your retirement fund, and on other hand can be utilized while buying your dream property. © 2020-2021 All Rights Reserved, No part of this document should be modified / used without prior consent. Congruent Solutions
Rope-in Professional Assistance ● At times, the finances and the legal regulations might confound even the brightest of minds. To ensure that your retirement process and post-retirement home purchase goes smoothly as possible by roping-in experts who excel at real-estate, retirement planning, auditing, taxation and more. Communicate to Streamline the Process ● More often than not, even complex processes such retirement fund settlement and home selling or purchasing can be streamlined by communicating your expectations and taking an effort to learn about the legislations pertaining to retirement planning. Congruent is one of the leading outsource retirement plan providers and form 5500 preparation services provider with extensive experience and a satisfied customer base. © 2020-2021 All Rights Reserved, No part of this document should be modified / used without prior consent. Congruent Solutions