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Gold IRA: Secure Your Retirement with Precious Metals
Opening a gold IRA can provide you with a good way to plan for your retirement. Investing in gold has always been a popular investment. With access to a tax-advantaged retirement accounts such a
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Roth IRA: Contribution Limits & Eligibility Guidelines (2024)
Understanding Roth IRA guidelines is important so that you know whether you can contribute and how much you can put in the account. The Roth IRA is one of the most popular retirement account opt
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Roth IRA Conversions: A Comprehensive Guide
A Roth IRA conversion transfers funds from a pre-tax retirement account into a Roth IRA account. Accounts that are eligible for Roth IRA conversions include traditional IRAs, employer quali
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Spousal IRA: Tax Benefits and Contributions
When dealing with a spousal IRA, there are several tax issues that you will need to consider. This type of IRA can be a good way to set up a retirement account for your spouse that does not work
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Roth Conversions & Medicare Premiums: Understanding the Impact
Many people are unaware that a Roth conversion can lead to an increase in Medicare premiums. The new health care reform means that money from a Roth conversion increases taxable income, which, i
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Understanding Your IRA's Fair Market Value (FMV)
The fair market value, or FMV, of an IRA is the actual monetary value of the assets in an IRA. The term fair market value is typically used for a fair market value statement at the end of a cale
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IRA Conversion & Social Security: Tax Implications & Planning
Before entering an IRA conversion from a traditional to a Roth structure, you should consider whether the additional income you generate from an account can adversely affect your taxable income.
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Individual Retirement Accounts (IRAs): A Comprehensive Guide
The IRA plan was created by the Internal Revenue Service in order to provide tax payers with the means to save for retirement. IRA stands for individual retirement account. IRAs offer a ta
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Education IRA Early Withdrawal: Penalties & Rules Explained
You may be concerned about incurring a penalty on an early education IRA withdrawal. You fund this type of account with after-tax dollars. This is similar to with a Roth IRA. Since you are fundi
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Understanding IRA Required Minimum Distributions (RMDs)
The IRS imposes IRA mandatory withdrawals when you reach the age of 70 1/2. At this point, the IRS would like you to begin depleting the funds in your IRA at a rate that would, ideally, result i
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72(t) Distributions: Early Retirement Access & Penalties
72t distributions are retirement that are taken before a retiree reaches the minimum qualified age. However, the employee has qualified for penalty-free distributions because they meet certain c
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SIMPLE IRA: Benefits, Drawbacks & Is It Right for Your Business?
The SIMPLE IRA plan is a type of retirement plan that small companies can use for their employees. This type of retirement plan is different from the traditional 401k that many companies have. O
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IRA Explained: Your Guide to Individual Retirement Accounts
A common question for financial advisers or employers offering a sponsored plan is what is an an IRA. IRA stands for Individual Retirement Account. There are several types of IRAs, including the
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Checkbook IRA: Advantages, Disadvantages & How It Works
The term checkbook IRA is unofficial, but it refers to an IRA that affords the account holder full control of investments through a checking account. The account holder establishes a legal entit
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Nondeductible IRA: Understanding Tax Benefits & Retirement Savings
A nondeductible IRA account is a good tool to use to save for retirement and receive tax benefits. A traditional IRA, rather than a nondeductible IRA, offers a tax deduction in the current year.
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Understanding Inherited IRAs: A Comprehensive Guide
The inherited IRA is a type of retirement account that is provided to a beneficiary when the primary account holder dies. With a traditional IRA, the account holder has to designate a specific b
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IRA Custodians: Protecting Your Retirement Savings | [Institution Name]
An IRA custodian is a financial institution that takes care of the assets in your IRA. This role is generally filled by a bank, a brokerage, or a credit union. To have an IRA, you must open an a
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Money Market IRA: Secure Retirement Savings
If riding the stock market wave isn’t your cup of tea, consider linking your IRA to a money market IRA account. While the returns may not be as extreme, neither will the losses, allowing y
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SEP IRA Withdrawal Rules: Penalties & Guidelines
SEP IRA withdrawal rules are the same that apply to Traditional IRAs. A Traditional IRA is the funding vehicle for the SEP plan, so these rules overlap. In general, the rules dictate when an ind
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SEP IRA vs. SIMPLE IRA: Which Retirement Plan is Right for Your Business?
There are many differences between the SEP vs. Simple IRA, but most are not obvious at first glance. Both plans are designed for the small business owner. They are easy to administer, requ
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Fundamental Analysis: A Deeper Dive for Savvy InvestorsChris JohnsonAt the end of the day, fundamental analysis is the study of companies - how much profit they made, their product lineup or services offerings, how much revenue they took in or lost, or ...
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Bitcoin Halving 2024: Impact on Futures Prices & Cryptocurrency ValueThe supply of bitcoin entering the market is about to be cut in half. This bitcoin halving isn’t some apocalyptic prediction; it’s just part of the DNA of the cryptocurrency. “It’s an event that’s ba...
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Unemployment Eligibility: How Many Weeks of Work Do You Need?State unemployment compensation programs require you to retain an attachment to the labor market as a condition of receiving benefits. One way of gauging your connection to the labor force is to asses...
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Unlock Real Estate Investing: A Simple & Affordable Guidediv.cust...