ZARZAR MODELS Top Modeling Agency For Fashion Models – Individual Retirement Accounts For Fashion Models & Actresses For Tax Free Income
Above: ZARZAR MODELS Top Modeling Agency For Fashion Models – Individual Retirement Accounts For Fashion Models & Actresses For Tax Free Income.
A Roth IRA is an individual retirement account for fashion models and actresses that offers the opportunity for tax-free income in retirement. Annual contributions are taxed upfront and all earnings are federal tax-free when they are distributed during retirement according to IRS (Internal Revenue Service) rules. This is much different than a Traditional IRA for fashion models and actresses, which taxes withdrawals during retirement. Contributions to the Roth account can be withdrawn at any time and there are no required minimum distributions during retirement.
If a fashion model or actress is in a lower tax bracket today than what she will be during retirement (for example, if she believes that she will become a famous fashion model, supermodel, or a wealthy actress), a Roth IRA may be one of the smartest financial choices that she can make today since it can allow her to make millions or tens of millions of United States dollars in earnings and pay zero taxes when the money is withdrawn during her retirement.
Is A Roth IRA Right For You? Benefits of a Roth IRA For Fashion Models & Actresses
Withdrawals of earnings are free from federal income tax, provided the Roth IRA has been in existence for five years and you are at least 59½ years old.
Contributions can be withdrawn at anytime without federal income taxes or penalties.
RMDs (Required Minimum Distribution) are not required. This basically means that if a fashion model or actress wishes to keep the money in her account during retirement (so that it can continue growing tax free), she will not have to pay any penalties or fees for not withdrawing the money out of her Roth account.
Distributions for your beneficiaries are tax-free.
Roth IRA Rules & Benefits Of A Roth IRA For Fashion Models & Actresses
Breadth of investment choices for fashion models and actresses, including commission-free stocks, ETFs (exchange traded funds), and fixed income products such as treasury bills and government bonds. You can open a Roth IRA with many of the major stock brokers in the United States including Charles Schwab, Fidelity, TD Ameritrade (acquired by Charles Schwab), E-Trade (acquired by Morgan Stanley), and Interactive Brokers (this broker is better suited for advanced and sophisticated investors and is not generally ideal for beginning investors).
Eligibility: to contribute and add money to your Roth IRA, you must earn income (in other words, you should not be a starving actress or fashion model and must actually have a real job in fashion modeling, acting, or in anything else outside the fashion modeling and acting industry). There are no age limits.
Income Limits: there are income limits which means that if you are already a supermodel, a famous fashion model, or a famous actress, you probably already earn too much money (this is a nice problem to have as a fashion model or actress) and no longer qualify to contribute new money to your Roth IRA. However, the money that you contributed to your Roth IRA when you were an unknown fashion model or actress can continue to grow tax-free for decades.
Contributions are not tax deductible, but as mentioned previously, withdrawals are tax free during retirement. This basically means that if your Roth account is worth $1,000,000,000.00 (this is one billion United States dollars for the arithmetically challenged) you can withdraw the money completely tax free during retirement.
Maximum contributions: there is a limit to how much money you can contribute to your Roth IRA each year, so it pays to open your account when you are very young.
Earnings: your Roth account earnings grow tax-free.
Distributions are free from federal income taxes when your Roth IRA account has been open for at least 5 years and you are 59.5 years old or older.
Required minimum distributions are never required for the Roth IRA.
Early Withdrawals: the Roth account owner will be subject to a 10% penalty when filing her income taxes if she withdraws her money before she is 59.5 years old (this penalty for withdrawing her money early is in addition to any ordinary income taxes that may be due for receiving money).
ZARZAR MODELS Top Modeling Agency For Fashion Models – Individual Retirement Accounts For Fashion Models & Actresses For Tax Free Income
Above: ZARZAR MODELS Top Modeling Agency For Fashion Models – Individual Retirement Accounts For Fashion Models & Actresses For Tax Free Income.
“Find something you love to do, and you’ll never have to work a day in your life.”
About ZARZAR MODELS
ZARZAR MODELS is one of the top modeling agencies for women in the United States representing models in print fashion editorials, high fashion runway, film, television commercials, and promotions. The agency represents top models in all of the major fashion cities and counties including Los Angeles, Beverly Hills, Hollywood, Orange County Southern California, San Diego, San Francisco, Las Vegas, Phoenix, Miami, New York, London, Paris, Milan, Sao Paulo, and Tokyo and recruits and represents models throughout the world through its global fashion and modeling network.
“If you remember me, then I don’t care if everyone else forgets.” – The second in our Victoria’s Secret alternate reality series.
About ZARZAR MODELS
ZARZAR MODELS is one of the top modeling agencies for women in the United States representing models in print fashion editorials, high fashion runway, film, television commercials, and promotions. The agency represents top models in all of the major fashion cities and counties including Los Angeles, Beverly Hills, Hollywood, Orange County Southern California, San Diego, San Francisco, Las Vegas, Phoenix, Miami, New York, London, Paris, Milan, Sao Paulo, and Tokyo and recruits and represents models throughout the world through its global fashion and modeling network.
Above: Gigi And Bella Hadid Take The Sculpture Challenge | British Vogue. The Model of the Year 2017 Industry Awards are the voice of over 250 voters representing a wide range of the industry’s top professionals, including many of the industry’s top stylists, designers, photographers, editors, hair stylists, makeup artists, and casting directors. 2017 Model Of The Year Selected By Readers (Women): Model Sisters Gigi Hadid And Bella Hadid The winner: Bella Hadid Runner up: Gigi Hadid
ZARZAR MODELS is one of the top modeling agencies for women in the United States representing models in print fashion editorials, high fashion runway, film, television commercials, and promotions. The agency represents top models in all of the major fashion cities and counties including Los Angeles, Beverly Hills, Hollywood, Orange County Southern California, San Diego, San Francisco, Las Vegas, Phoenix, Miami, New York, London, Paris, Milan, Sao Paulo, and Tokyo and recruits and represents models throughout the world through its global fashion and modeling network.
Above: Victoria’s Secret Holiday 2017 Television Commercial.
Join the Victoria’s Secret Angels for one of their sexiest holiday television commercials.
ZARZAR MODELS is one of the top modeling agencies for women in the United States representing models in print fashion editorials, high fashion runway, film, television commercials, and promotions. The agency represents top models in all of the major fashion cities and counties including Los Angeles, Beverly Hills, Hollywood, Orange County Southern California, San Diego, San Francisco, Las Vegas, Phoenix, Miami, New York, London, Paris, Milan, Sao Paulo, and Tokyo and recruits and represents models throughout the world through its global fashion and modeling network.
Above: Beautiful American Fashion Model Karlie Kloss Modeling For Swarovski Advertisements (Swarovski Ads) Modeling As One Of The Highest Paid Models In The World. The World’s Highest Paid Models. The Top Earning Models In The World.
ZARZAR MODELS recently released the latest list of the highest paid models in the world (the world’s highest paid models). The latest list of the highest paid models in the fashion modeling industry (the top earning models in the world) covers all model earnings for the past 12 months (from June 2016 to June 2017) and are approximate based on the leading industry sources including Forbes magazine (one of the most prestigious financial magazines in the world and a leader in financial data analysis). All amounts are in United States Dollars.
Read the full ZARZAR MODELS article by following the link provided below and discover how much money the highest paid models in the world (the world’s highest paid models) made from fashion modeling last year:
ZARZAR MODELS is one of the top modeling agencies for women in the United States representing models in print fashion editorials, high fashion runway, film, television commercials, and promotions. The agency represents top models in all of the major fashion cities and counties including Los Angeles, Beverly Hills, Hollywood, Orange County Southern California, San Diego, San Francisco, Las Vegas, Phoenix, Miami, New York, London, Paris, Milan, Sao Paulo, and Tokyo and recruits and represents models throughout the world through its global fashion and modeling network.
Above: The Versace Tribute Collection – Spring Summer 2018.
“This collection is a Tribute to the life and works of Gianni. We pay homage to not only his artistic genius but to who he was as a man, and above all, as my brother. Gianni was an exceptional person for how he celebrated each day as though it were extraordinary and for how he always approached life with a smile on his lips. Each year Gianni lived, he lived to its fullest: throughout his career, he created collections that to this day are considered a cultural point of reference and inspiration to many. It would be impossible to commemorate Gianni’s entire world in a single collection, therefore, I have decided to honor his legacy with his beloved prints and dazzling metal mesh. This collection is for you, Gianni.” Donatella Versace
Gianni Versace (December 2, 1946 – July 15, 1997) was an Italian fashion designer and founder of Versace, an international fashion house, which produces accessories, fragrances, makeup, home furnishings, and most importantly, clothes for women. Gianni Versace also designed costumes for the theater and films. As a friend of Eric Clapton, Diana (Princess of Wales), fashion model Naomi Campbell, Duran Duran, Madonna, Elton John, Cher, Sting, and many other famous celebrities, Gianni Versace was one of the first designers to link fashion to the music world. Versace was murdered outside his Miami Beach home at the age of 50.
“Supermodels Candice Swanepoel, Caroline Trentini, Doutzen Kroes, Anja Rubik, Natasha Poly, and a few of the legendary supermodels from the 1990’s such as Cindy Crawford and Claudia Schiffer made this an incredibly beautiful fashion show. In fact, these models ruled the fashion runway during this beautiful fashion show in memory of Gianni Versace.”
ZARZAR MODELS is one of the top modeling agencies for women in the United States representing models in print fashion editorials, high fashion runway, film, television commercials, and promotions. The agency represents top models in all of the major fashion cities and counties including Los Angeles, Beverly Hills, Hollywood, Orange County Southern California, San Diego, San Francisco, Las Vegas, Phoenix, Miami, New York, London, Paris, Milan, Sao Paulo, and Tokyo and recruits and represents models throughout the world through its global fashion and modeling network.
