Retirement planning

IRA Rollover
What is an IRA Rollover? An IRA rollover occurs when you transfer funds between two different types of retirement plans. IRA rollovers most commonly occur when the owner of a 401(k) or 403(b) account decides to transfer their investment capital to a traditional IRA or Roth IRA. This usually occurs either because the account owner changes jobs or because the plan was terminated by the employer (which is possible because retirement plans are not mandatory by law). Other reasons for IRA rollovers include investors who feel their retirement plan is too restrictive, has excessive expenses... more
An Introduction to Traditional IRA Rules
Although traditional IRAs can be appropriate vehicles to help build tax­-sheltered capital for your retirement, they come with some rules and restrictions that you should be aware of before you start investing in them. We recommend you review the rules on the IRS website www.irs.gov to see how they apply to your individual situation. First of all, an IRA is considered a cash account and not a margin account. This means that all the investments you make in an IRA must be through cash deposited in the IRA. You cannot take advantage of using leverage via a margin account to boost... more
Traditional IRA versus Roth IRA
Choosing the individual retirement account that best meets your needs is an important decision that can have a “big” impact on your future net worth and retirement lifestyle. Although several types of IRAs exist, the two most common types are the traditional IRA and the Roth IRA. Both types provide a tax break, but the timing of the tax advantage differs. In the case of a traditional IRA, you receive a tax break when you put the money in, while the Roth IRA provides a tax break when you withdraw the money. For example,... more
Using the right investment account
Maximize your return on investment If you realize a profit from the sale of a stock held in a regular taxable investment account you will have to pay capital gains taxes on the gain (in addition to income tax on any dividend payments you receive). The amount of taxes you will have to pay will vary according to how long you held the stock and your current income tax bracket. If the investment is held for less than one year, you will have to pay short­-term capital gains which are taxed at the same rate as your ordinary income tax bracket.... more

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