Am I Too Old for a Roth Conversion?
The 5 Phases of Traditional to Roth Conversions Youth Accounts: Accounts for persons between the age of 1 day-21 years Youth IRA accounts are frequently started for the young person by a …
FAQs
Leaving Your Job?
Company Sponsored Retirement Plans Do you have a 401(k) or another company-sponsored retirement plan? That’s good…to a point. A Bill has passed the House (not yet passed the Senate) that will blindside …
What Exactly Is Earned Income?
We Answer the Common Question: What is my Earned Income when calculating IRA contribution limits? Your level of Earned Income determines whether you’re eligible to contribute to your IRA (or how much you …
IRA Accounts Provide 3 Extra Benefits to Married Couples
Wedding Bells Do you hear wedding bells ringing? If so, this article might be a good read for you. There are three IRA benefits available only to married couples. Keep …
IRA Accounts Provide 3 Extra Benefits to Married Couples Read More »
When Must Your IRA Beneficiary Take Their Distribution?
There are three classes of IRA and 401(k) beneficiaries. Eligible Designated Beneficiaries These can be spouses, minor children, disabled or chronically ill, any person within 10 years of age of the …
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Do You Think You’re an IRA Expert? Test Your Knowledge!
5 Interesting IRA Facts Situation 1: John was age 55, working, and in good health. Each February, John would contribute for the previous year to his Roth IRA. However, tragedy …
Do You Think You’re an IRA Expert? Test Your Knowledge! Read More »
Precious Metals in Your IRA
Precious Metals in a Self Directed IRA Are you interested in owning Gold or Silver your Self Directed IRA? Many people are, for two main reasons: They are concerned the Stock …
Am I Too Old to Start a Roth IRA?
Perfect Weapon Roth IRAs are the perfect weapon against income tax. As long as you have earned income, you can contribute to a Roth IRA.  The earnings made inside a Roth IRA can …
Required Minimum Distribution Guidelines for 2021
What’s New for RMDs? If you have a Traditional IRA or Traditional 401(k), you are required to start drawing Required Minimum Distributions (RMD) the year you reach age 72. To …
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The Roth Conversion Clock is Ticking
If you have completed a conversion from a Traditional IRA to a Roth IRA, congratulations! However, if not, the next few weeks before the tax code is likely to change …
