Making the Most of IRA Opportunities
|
|
- Lucy Tate
- 5 years ago
- Views:
Transcription
1 Making the Most of IRA Opportunities
2 Why Is Saving for Retirement So Important? Increasing life expectancies mean more time spent in retirement. Aging population puts added strain on Social Security and Medicare. Personal savings are becoming a priority. Plan now you could spend more than a third of your life in retirement!
3 Today We ll Discuss Traditional IRAs Roth IRAs To convert or not to convert Which IRA may be right for you?
4 Traditional IRAs Potential deductibility of contributions Increased income limits for IRA deductibility Tax deferral on investment earnings Withdrawals and penalties The rollover option
5 Is Your Traditional IRA Contribution Tax Deductible? Whether you can deduct your traditional IRA contribution depends on your: Income level Marital status Coverage by an employer-sponsored retirement plan
6 The Power of Tax Deferral* Compare the results of investing $100 per month in an investment taxed at 25% vs. one that is tax deferred. Withdrawals from the tax-deferred account will be taxed at thencurrent ordinary income tax rates and may be subject to a 10% additional federal tax if withdrawals are taken before age 59½. *This chart shows the results of $100 monthly investments for 30 years in a tax-deferred account vs. the same investments taxed at 25%. Example assumes an 8% rate of return, compounded monthly. These examples are for illustrative purposes only. There is no assurance that similar returns will be achieved. The hypothetical rates of return used do not reflect the deduction of the fees and charges inherent to investing. Your results will vary.
7 The Power of Time* Investor A invested $100/month for 10 years. Investor B started 10 years later and invested $100/month for 30 years. $185,320 $150,030 Account value at age 65 Total contributions $36,0000 $12,000 Investor A Investor B *These are hypothetical investments used for illustrative purposes only and are not an indication or guarantee of the actual return on any investment. Example assumes contributions plus 8% annual return on investments, compounded monthly.
8 Withdrawals and Penalties Traditional IRAs Penalty-free withdrawals can be made beginning at age 59½. Mandatory withdrawals must begin after reaching age 70½.
9 Some Early Withdrawals Are Penalty Free Qualified education expenses First-time home purchase ($10,000 lifetime limit) Certain medical expenses Death, disability, or substantially equal periodic payments
10 The Rollover Option* Keep your retirement money working when you retire or change jobs Preserve your money s tax-deferred status with a direct rollover Access a potentially broad range of investment choices *Note: Restrictions, limitations, and fees may apply.
11 Roth IRAs Tax-free withdrawals Some early distributions allowed No tax-deductible contributions Lifelong contributions No mandatory distributions
12 Who Is Eligible to Contribute to a Roth IRA? In 2017, to be eligible for Your AGI must be A full contribution $186,000 or less (if you are married filing jointly) $118,000 or less (if you are single) A partial contribution Between $186,000 and $196,000 (if you are married and filing jointly) Between $118,000 and $133,000 (if you are single)
13 The Roth IRA as an Estate Planning Tool No minimum distribution requirement at age 70½ Assets can be passed on to heirs tax free
14 Converting a Traditional IRA to a Roth IRA Income restrictions on converting a traditional IRA to a Roth IRA have been permanently lifted. Income taxes are due on earnings and deductible contributions. No early withdrawal penalty applies.
15 To Convert or Not to Convert Consider each option carefully before deciding which IRA may be right for you: How long until you plan to retire? Are your current IRA contributions tax deductible? Do you expect to be in a higher tax bracket when you retire? Will you need to begin withdrawals at age 70½?
16 Investor Scenario #1* Jane and Mike contribute $11,000 a year ($5,500 each) to traditional IRAs. Combined AGI = $90,000 Neither covered by a workplace retirement plan Full deduction allowed *This example is hypothetical and is not intended as investment advice. Consult your financial professional with questions about how it relates to your financial situation.
17 Investor Scenario #2* Derek and Jeanette contribute $11,000 to a traditional IRA. Combined AGI = $101,000 To calculate their deduction: ($11,000 - excess AGI **) /$10,000 x maximum allowable IRA contribution ($11,000 - $2,000 = $9,000) $9,000/$10,000 = x $11,000 = $9,900 They can deduct approximately $9,900. *This example is hypothetical and is not intended as investment advice. Consult your financial professional with questions about how it relates to your financial situation. **Excess AGI is the amount by which your AGI exceeds the threshold for a full deduction.
18 Investor Scenario #3* Kim s AGI is $119,000. She is covered by a retirement plan at work She cannot deduct contributions to a traditional IRA. She can make a partial contribution to a Roth IRA in She contributes to a Roth IRA for the possibility of future tax-free distributions. *This example is hypothetical and is not intended as investment advice. Consult your financial professional with questions about how it relates to your financial situation.
19 Which IRA May Be Right for You? Each has its own pros and cons Depends on your personal situation Consult a financial advisor
20 Employer-Sponsored Plans Can help reduce taxes you pay now while building a nest egg. May have higher annual contribution limits. Consider contributing the maximum to your employer s plan first.
21 The Retirement Savings Hierarchy Contribute the maximum to your employer-sponsored plan, then contribute to an IRA. Weigh the potential benefits of contributing to a Roth IRA. Finally, consider tax-deferred annuities or other investment vehicles.
22 Parting Thoughts
YOUR RETIREMENT SAVINGS OPTIONS. Rep Name, Designation
YOUR RETIREMENT SAVINGS OPTIONS Rep Name, Designation [Advisor Disclaimer Here] WHAT WE LL COVER TODAY Distribution Options Choices you have for your money How We Can Help Take Action WHAT WE LL COVER
More informationIRAs. Take advantage of tax-deferred retirement savings.
IRAs Take advantage of tax-deferred retirement savings. IRAs We re living longer than ever before. Some of us may spend 20 years or more in retirement. That means more time to do what we like to do. But
More informationIRAs. Your Retirement Advisor
Your Retirement Advisor 508-798-5115 lynnt@yourretirementadvisor.com www.yourretirementadvisor.com IRAs March, 2017 Page 1 of 8, see disclaimer on final page Both traditional and Roth IRAs feature tax-sheltered
More informationRegions 401(k) Plan. Roth 401(k) Contributions
Regions 401(k) Plan Roth 401(k) Contributions 2017 Most people have a picture of their ideal retirement. Your picture is unique to you, and making it a reality takes planning. As you plan, you may want
More informationIRAs: The Purpose. Allowable Contributions
IRAs: The Purpose Individual retirement accounts (IRAs) allow income earners and in certain cases, their unemployed spouses to save for retirement on a tax-deferred basis. No taxes are due until the IRA
More informationAn Introduction to Indexed Annuities
An Introduction to Indexed Annuities Grow and Protect Your Assets Indexed annuities are a special type of fixed annuity that offers market-linked growth with little to no downside risk. While they typically
More informationIntroducing the AfterTax Roth Contribution. Option. October 2017
Introducing the AfterTax Roth Contribution Option October 2017 Today s Agenda The after-tax Roth contribution option Why the after-tax Roth contribution option may be right for you Comparing after-tax
More informationSTRATEGIES TO HELP YOU KEEP MORE OF YOUR INVESTMENT EARNINGS
STRATEGIES TO HELP YOU KEEP MORE OF YOUR INVESTMENT EARNINGS VLC0774-0118 CONSIDER TAX-EFFICIENT STRATEGIES THAT HELP INCREASE YOUR INVESTMENT EARNINGS The income we keep after taxes are paid is referred
More informationIs a Roth 403(b) Right for You?
Is a Roth 403(b) Right for You? A Decision Guide for Employees The Standard The Roth 403(b) and Your Retirement Plan Is a Roth Right for You? The Roth option, if offered by your plan, is available to any
More informationRETIREMENT STRATEGIES. Your IRA Planning for Tomorrow Today
RETIREMENT STRATEGIES Your IRA Planning for Tomorrow Today Achieving a comfortable future requires more from you more planning and more resources than in the past. Investment Products: ARE NOT INSURED
More informationIntroducing the after-tax contribution option Roth
Introducing the after-tax contribution option Roth Today s agenda The after-tax Roth contribution option Why the after-tax Roth contribution option may be right for you Comparing after-tax Roth contributions
More informationRoth 401(k) An option available to 401(k) participants
Roth 401(k) An option available to 401(k) participants What is Roth 401(k)? Contributions to a qualified retirement plan have generally been tax-favored. In the case of a traditional 401(k) plan, because
More information401(k) Rollovers. GP P-N12/08 July 2009 [Expiration Date]
401(k) Rollovers Investments and services offered through Morgan Stanley Smith Barney LLC, and accounts carried by Morgan Stanley & Co. Incorporated; members SIPC. 2009 Morgan Stanley Smith Barney GP08-04360P-N12/08
More informationIs a Roth 403(b) Right For You? GE (04/18) (Exp. 04/20)
Is a Roth 403(b) Right For You? important information Information provided should not be construed as investment advice and you should seek professional advice based on your specific personal circumstances.
More informationTax-Efficient Investing
Tax-Efficient Investing Creating a plan to help manage, defer, and reduce taxes Taking control: Developing an ongoing tax strategy As you save and invest for retirement, there are key disciplines that
More informationThe Roth contribution option. For retirement plans
The Roth contribution option For retirement plans Contents 2 The Roth contribution option savings choice Learn about the differences between pretax and after-tax contributions 4 Comparing Roth after-tax
More informationCleveland Clinic Akron General Retirement Program
Cleveland Clinic Akron General Retirement Program A good thing is getting better. New Fee Structure for All Cleveland Clinic/Akron General Plans New Option to Save Above the IRS Limits in your Matched
More informationExpanding Retirement Savings Opportunities with Roth Accounts
Defined Contribution Plans Expanding Retirement Savings Opportunities with Roth Accounts A growing number of plan sponsors are finding that adding Roth features to their retirement plan helps provide the
More informationRollover Strategies and IRA Distribution Rules.
Rollover Strategies and IRA Distribution Rules. Contents Protecting Your Retirement Plan Nest Egg... 1 Leaving Your Job, Keeping Your Plan Funds... 2 Understanding IRA Rollovers... 6 Understanding IRA
More informationRoth 401(k) An option available to 401(k) participants
Roth 401(k) An option available to 401(k) participants Dear retirement plan participant, We re pleased to announce that, in our effort to help you better prepare for retirement; you are now able to take
More informationCONSIDERING IRA ROLLOVERS. Making the right distribution decision now can make a big difference down the road.
CONSIDERING IRA ROLLOVERS Making the right distribution decision now can make a big difference down the road. CONSIDERING IRA ROLLOVERS ARE YOU CHANGING JOBS? CAREERS? RETIRING? If you are planning to
More informationTRADITIONAL VS. ROTH IRA. Presented for Valued Client
Presented for Valued Client Presented by John M. Webster HMS Insurance Associates, Inc. johnwebster@financialguide.com 443-632-3436 Page 1 of 8 IRAs: The Purpose Individual retirement accounts (IRAs) allow
More informationWHEN YOU LEAVE YOUR JOB. Options for Your Former Workplace Retirement Plan Assets
WHEN Options for Your Former Workplace Retirement Plan Assets YOU LEAVE YOUR JOB Making a decision regarding the assets in your former employer s retirement plan can have a significant impact on your long-term
More informationWealth Strategies. Saving For Retirement: Tax Deductible vs Roth Contributions.
www.rfawealth.com Wealth Strategies Saving For Retirement: Tax Deductible vs Roth Contributions Part 2 of 12 Your Guide to Saving for Retirement WEALTH STRATEGIES Page 1 Saving For Retirement: Tax Deductible
More informationRoth 403(b) option offers the potential for tax-free retirement income
Roth 403(b) option offers the potential for tax-free retirement income About the Roth 403(b) option: Your plan now gives you the option of contributing to a Roth 403(b) through your retirement savings
More informationTraditional IRA/Roth IRA
PREMIERE SELECT Traditional IRA/Roth IRA Invest in your retirement today. Saving for your retirement is important in any market. If you re planning for your future, an IRA can offer you more choices than
More informationAdded choice under your 457(b) plan.
Added choice under your 457(b) plan. Roth 457: An opportunity for tax-free* retirement income. *Qualifying conditions apply. The Roth 457(b) contribution option. You should consider the investment objectives,
More informationRoth IRA Conversions: A Powerful Wealth-Transfer Tool. Private Wealth Advisory
Roth IRA Conversions: A Powerful Wealth-Transfer Tool Private Wealth Advisory Converting a traditional IRA or another qualified retirement plan to a Roth IRA can be a powerful wealth-transfer tool under
More informationCrafting a Retirement Strategy Through Planning. The NSBA Sponsored Members Retirement Program. AXA Equitable Life Insurance Company (NY, NY)
Crafting a Retirement Strategy Through Planning The NSBA Sponsored Members Retirement Program AXA Equitable Life Insurance Company (NY, NY) Thinking Ahead Your Business, Your Future & the Members Retirement
More informationPreparing for Your Retirement: An IRA Review
Preparing for Your Retirement: An IRA Review How much of your earning power will be available for your use when you retire? What will happen to your standard of living when your income ceases at retirement?
More informationFranklin Templeton IRA
Investor s Guide Franklin Templeton IRA Traditional IRA Roth IRA Whether you are just starting to save or entering retirement, an IRA can be an important part of a sound financial strategy to meet your
More informationFinancial Advisor. Understanding IRAs. January 15, 2019 Page 1 of 5, see disclaimer on final page
Financial Advisor Understanding IRAs Page 1 of 5, see disclaimer on final page Understanding IRAs An individual retirement arrangement (IRA) is a personal savings plan that offers specific tax benefits.
More informationIs a Roth 401(k) Right for You?
Is a Roth 401(k) Right for You? A Decision Guide for Employees The Standard The Roth 401(k) and Your Retirement Plan Is a Roth Right for You? When it comes to saving for retirement, the question of whether
More informationOpportune 401k Retirement Plan The Roth 401(k) contribution option
Opportune 401k Retirement Plan The Roth 401(k) contribution option Merrill Lynch makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S) and other subsidiaries
More informationManaging Your Retirement Income
Managing Your Retirement Income Developed by: 2006, National Association of Foundation for Retirement Education. All rights reserved. This presentation may not to be used without permission by NAVA or
More informationSTATE OF CONNECTICUT DEFERRED COMPENSATION 457 PLAN. The Roth 457 More Choice in Your 457 Plan
STATE OF CONNECTICUT DEFERRED COMPENSATION 457 PLAN The Roth 457 More Choice in Your 457 Plan You should consider the investment objectives, risk, and charges and expenses of the investment options offered
More informationFlexible, Tax-Free Savings Roth IRA
Flexible, Tax-Free Savings Roth IRA Date December 5 th, 2012 Presented by: Doug Meyers AC: 1211-5303 This presentation is the property of ICMA-RC and may not reproduced or redistributed in any manner.
More informationchart RETIREMENT PLANS 8 RETIREMENT PLAN BENEFITS AVAILABLE RETIREMENT PLANS Retirement plans available to self-employed individuals include:
retirement plans Contributing to retirement plans can provide you with financial security as well as reducing and/or deferring your taxes. However, there are complex rules that govern the type of plans
More informationIndividual Retirement Accounts Roth & Traditional. IRAs Guidebook
Individual Retirement Accounts Roth & Traditional IRAs Guidebook 2016 IRA Roth & Traditional Individual Retirement Accounts At-a-Glance Eligibility Contents IRAs At-a-Glance... 1 Roth IRA... 2... 3 Roth
More informationPreparing for Your Retirement: An IRA Review Prepared for: Great Southern Bank
Preparing for Your Retirement: An IRA Review Prepared for: Great Southern Bank Presented by: Marketing Financial Advanced Case Design 2960 E. Battlefield Springfield, MO 65804 Office: (800) 677-1087 Dennis@marketingfinancial.com
More informationDeciphering Tax Law Changes to Retirement Plans
Deciphering Tax Law Changes to Retirement Plans More opportunities to benefit from retirement planning laura ferrino, cfp, ctfa, clu, ccps Vice President and Wealth Strategist Wilmington Trust, N.A. key
More informationAdded choice under your 457(b) plan.
3019053.G.P-2 12/19/11 12:06 PM Page T01 Added choice under your 457(b) plan. Roth 457: A unique opportunity for tax-free* retirement income. *Qualifying conditions apply. Your future. Made easier. 3019053.G.P-2
More informationINVESTING IN YOUR FUTURE: A TIAA FINANCIAL ESSENTIALS WORKSHOP. Money at Work 1: Foundations of investing
INVESTING IN YOUR FUTURE: A TIAA FINANCIAL ESSENTIALS WORKSHOP Money at Work 1: Foundations of investing Staying on course: Today s agenda Retirement Advisor Understanding saving Risk tolerance Asset classes
More informationThe IRA opportunity: To Roth or not to Roth?
The IRA opportunity: To Roth or not to Roth? Vanguard research July 2011 Executive summary. The year 2010, which may well go down in IRA history as the year of the Roth, saw three notable legislative changes
More informationDisclaimer. Securities are offered through Signator Investors, Inc., Member FINRA, SIPC, 380 Stuart Street, Boston, MA 02116
Disclaimer This is an educational and financial analysis tool to assist you by providing concise financial information. This report is a needs analysis of your current situation. It is comprised of separate
More informationSIMPLEs SIMPLE-IRA. Savings Incentive Match Plans for Employees of Small Employers & for Self-Employed Individuals. Questions & Answers
SIMPLEs SIMPLE-IRA Savings Incentive Match Plans for Employees of Small Employers & for Self-Employed Individuals Questions & Answers What is a SIMPLE-IRA plan? A SIMPLE-IRA plan is a type of employer-sponsored
More informationDocumeent title on one or two. during the 2013 IRA season
Documeent title on one or two Tax lines savings Gustan opportunities Book 24pt during the 2013 IRA season The IRA season, from January 1 through April 15, may offer you opportunities to cut taxes and enhance
More informationGet an advantage for your retirement. Voya Select Advantage IRA Mutual Fund Custodial Account
Get an advantage for your retirement Voya Select Advantage IRA Mutual Fund Custodial Account Life brings change You have your own unique vision for what your life will hold. Whether you re switching jobs
More informationRetirement plans guide Facts at a glance
Retirement plans guide Facts at a glance Contents 1 What s your plan? 2 Small business/employer retirement plans 4 IRAs 5 Retirement plan distributions 7 Rollovers and transfers 9 Federal tax rates and
More informationTax Reform Legislation: Changes, Impacts, Planning Considerations
The following information and opinions are provided courtesy of Wells Fargo Bank N.A. Wealth Planning Update Tax Reform Legislation:, s, JANUARY 2018 Jay Messing, CFA, CFP Sr. Director of Planning Wells
More informationShould I Convert to a Roth IRA? How Should I Pay the Taxes? Ed Roth and Linda Roth
Should I Convert to a Roth IRA? How Should I Pay the es? Ed Roth and Linda Roth Presented by: Joseph Davis, CLU, ChFC 2 Broad Street Charlotte, North Carolina 26292 Phone: 704-927- Mobile Phone: 704-49-
More informationAnnuities. Long-term investments for your future.
Annuities Long-term investments for your future. About Stifel Nicolaus Stifel Nicolaus is a full-service investment firm with a distinguished history of providing securities brokerage, investment banking,
More informationAdded choice under the State of Nevada 457(b) Deferred Compensation Plan.
Added choice under the State of Nevada 457(b) Deferred Compensation Plan. A unique opportunity for tax-free* retirement income. * Qualifying conditions apply. Roth contributions must be held at least 5
More informationFinancial Planning Perspectives Roths beyond retirement: Maximizing wealth transfers
Financial Planning Perspectives Roths beyond retirement: Maximizing wealth transfers Many investors hold substantial tax-deferred retirement accounts such as traditional IRAs and 401(k)s. Depending on
More informationEd Roth and Linda Roth
Ed Roth and Linda Roth 1 N. Main St. Suite 1 Minneapolis, Minnesota 55415 Phone: 61-555-11 Fax: 61-555-1 Email: john.smith@impact-tech.com Table of Contents Important Notes 1 Retirement Savings Options
More informationDistributions from your employersponsored. retirement plan. Allianz Life Insurance Company of North America Allianz Life Insurance Company of New York
Distributions from your employersponsored retirement plan Understanding your options Allianz Life Insurance Company of North America Allianz Life Insurance Company of New York AMK-068-N Page 1 of 12 Your
More informationAffinity Variable Annuity
Affinity Variable Annuity Variable Product Series Building your future with a secure partner Kansas City Life Insurance Company Affinity Variable Annuity Features at a Glance Minimum Deposit Guaranteed
More informationThree Tax-Diversification Strategies for Maximizing Wealth in Retirement
Three Tax-Diversification Strategies for Maximizing Wealth in Retirement Christine Fahlund, CFP, senior financial planner Tina Wilcox, QKA, relationship manager Copyright 2010 T. Rowe Price. All rights
More informationVariable Annuity. Variable Product Series. Building your future with a secure partner. Kansas City Life Insurance Company
Variable Annuity Variable Product Series Building your future with a secure partner Kansas City Life Insurance Company Variable Annuity Features at a Glance Minimum Deposit $5,000 minimum single deposit
More informationUnderstanding Traditional and Roth IRAs Investor Guide
Retirement IRA Understanding Traditional and Roth IRAs Investor Guide Not FDIC Insured May Lose Value Not Bank Guaranteed Get Ready for Retirement... Your Way Forget rocking chairs and lingering sunsets.
More informationTAX FACTS AND TABLES at a glance
TAX FACTS AND TABLES 2013 at a glance Are you making smart investment decisions that can help Reduce your taxes The first step in reducing the amount of tax you pay on your investments is to get the facts.
More informationDETAILED METHODOLOGY. Fidelity Planning & Guidance Center Retirement Analysis
DETAILED METHODOLOGY Fidelity Planning & Guidance Center Retirement Analysis DETAILED METHODOLOGY Fidelity Planning & Guidance Center Retirement Analysis 1. Overview 2. User Profile Information 3. Tax
More informationFarm Credit Foundations Defined Contribution / 401(k) Plan. Roth 401(k)
Farm Credit Foundations Defined Contribution / 401(k) Plan Roth 401(k) Agenda What is Roth 401(k)? How does it work? Roth 401(k) rollover options How does it compare to pre-tax 401(k) and traditional after-tax
More informationDistributions Options Guide
Distributions Options Guide A Guide to Your Options When Separating from Service Including the Special Tax Notice Retirement Savings, Simplified Your Distribution Options Upon separation of service and
More informationRetirement Plan Enrollment Booklet
Don t Work Forever. SAVINGS GROWTH FREEDOM BALANCE SECURITY ACCOUNTABILITY Retirement Plan Enrollment Booklet Congratulations Your company offers a low cost retirement plan from Employee Fiduciary, LLC
More informationSAMPLE INCOME PLAN. John & Jane Doe JANUARY 8, Prepared by: Sample Advisor, Sample Advisor Firm Name
SAMPLE INCOME PLAN John & Jane Doe JANUARY 8, 2015 Prepared by: Sample Advisor, Sample Advisor Firm Name 123 Main Street, Suite 100, Advisor City, STATE 12345 (123) 456-7890 sample.advisor@email.com Securities
More informationRetirement Plans Guide Facts at a glance
Retirement Plans Guide Facts at a glance Retirement Plan Limits for 2013 and 2014 The Internal Revenue Service has released cost-of-living adjustments applicable to dollar limits for retirement plans.
More informationREDUCING TAXES THROUGH EMPLOYER STOCK AND NET UNREALIZED APPRECIATION (NUA)
Investors who hold employer stock (or other employer securities) as part of a qualified retirement plan may not know of the special tax rules that apply to any net unrealized appreciation (NUA) of their
More informationRequired Minimum Distributions
Required Minimum Distributions What You Need To Know When It Is Time To Start Distributions From Your Retirement Accounts What Are Required Minimum Distributions? Required minimum distributions (RMDs)
More informationEstablishing Your Retirement Income Stream
1 Establishing Your Retirement Income Stream What is important about retirement planning to you? 2 Building your retirement house 4 Legacy Benefits 3 2 Retirement income planning Accumulation 1 Expenses
More informationExploring Your IRA Options
Exploring Your IRA Options Traditional IRA Q & A.................. Page 2 Roth IRA Q & A...................... Page 5 Traditional vs. Roth IRAs............... Page 8 How does a Traditional IRA differ from
More informationTHE VARIABLE ANNUITY LIFE INSURANCE COMPANY
THE VARIABLE ANNUITY LIFE INSURANCE COMPANY SEPARATE ACCOUNT A UNITS OF INTEREST UNDER GROUP AND INDIVIDUAL FIXED AND VARIABLE DEFERRED ANNUITY CONTRACTS PORTFOLIO DIRECTOR PLUS PORTFOLIO DIRECTOR 2 PORTFOLIO
More informationAlphabet Soup: Understanding Traditional and Roth IRAs
Alphabet Soup: Understanding Traditional and Roth IRAs Presented by: Eric Hencley Money Advisor Francis Investment Counsel LLC PLEASE WATCH FOR AN EMAIL WITH OUR SURVEY LINK Or complete the survey at:
More information901 East Cary Street, Suite 1100, Richmond, VA
2017 Tax Planning & Reference Guide The 2017 Tax Planning & Reference Guide is designed as a reference and is not intended to function as tax advice. Please consult your professional accounting advisor
More informationsmart Plan Overview Massachusetts Deferred Compensation SMART Plan PARTICIPATE Office of the State Treasurer and Receiver General
smart S A V E M O N E Y A N D R E T I R E T O M O R R O W PARTICIPATE Plan Overview Massachusetts Deferred Compensation SMART Plan Office of the State Treasurer and Receiver General save for the future
More informationA Guide to Planning a Financially Secure Retirement
A Guide to Planning a Financially Secure Retirement The information presented here is for general reference only, and may or may not be appropriate for your specific situation. A conversation with a financial
More informationPROTECT YOUR NEST EGG MAXIMIZE SAVINGS AND MINIMIZE TAXES WITH AN IRA
PROTECT YOUR NEST EGG MAXIMIZE SAVINGS AND MINIMIZE TAXES WITH AN IRA A Solid Retirement Savings Option Whatever your time horizon for retirement, the time to start saving is now. With life expectancies
More informationSelect Portfolio Management, Inc May 20, 2016
Select Portfolio Management, Inc 26800 Aliso Viejo Parkway Suite 150 Aliso Viejo, CA 92656 949-975-7900 800-445-9822 info@selectportfolio.com www.selectportfolio.com Understanding IRAs Page 1 of 5, see
More informationIRA ROLLOVER GUIDE. Distribution Options Tax Rules Retirement Income Strategies Estate Planning
IRA ROLLOVER GUIDE Distribution Options Tax Rules Retirement Income Strategies Estate Planning Table of Contents Executive Summary. 3 Exploring Options 4 When can money be paid out of a retirement plan?
More informationJOURNEY. Planning for Financial Security SAVING : INVESTING : PLANNING
JOURNEY Planning for Financial Security SAVING : INVESTING : PLANNING Agenda 1 Cash management 2 Investment planning 3 Tax planning 4 Risk management 5 Retirement planning 6 Estate planning SAVING : INVESTING
More information2017 Fingertip Tax Guide
2017 Fingertip Tax Guide INCOME TAXES 2017 If Taxable Income Is: 1 Married Filing Jointly Estates and Trusts Single $0 $18,650 $0 + 10% $0 $18,650 $75,900 $1,865 + 15% $18,650 $75,900 $153,100 $10,452.50
More informationKey Provisions of 2017 Tax Reform
Key Provisions of 2017 Tax Reform The final provisions of the 2017 tax reform bill are finally here. The goal of this publication is to briefly highlight some of the key changes and planning issues of
More informationUNDERSTANDING ROTH IRA. conversion opportunities. in 4 steps. Compliments of John P. Dubots
UNDERSTANDING ROTH IRA conversion opportunities in 4 steps Compliments of John P. Dubots Planning for a Comfortable Retirement Determining when, or if, you should convert to a Roth IRA is an individual
More informationW H E R E T R U S T I S A N A S S E T
WHERE TRUST IS AN ASSET Sanderson Wealth Management Sanderson Wealth Management is a completely independent, registered investment adviser and CPA firm headquartered in Buffalo, NY. As truly independent
More informationLearn about distribution options for your employer retirement plan assets. Investor education
Learn about distribution options for your employer retirement plan assets Investor education It s your retirement: Choose wisely As you plan your retirement, you ll need to decide what to do with the
More informationMultigenerational Retirement Distribution Planning. Maximizing the Family Wealth Planning Benefits of Qualified Plans and IRAs
Multigenerational Retirement Distribution Planning Maximizing the Family Wealth Planning Benefits of Qualified Plans and IRAs Overview Qualified plans, IRAs and other tax-deferred plans often constitute
More informationHave you thought about Retiring? Planning an Early Retirement
Have you thought about Retiring? Planning an Early Retirement nd As your 62 birthday approaches, the dream of early retirement may be a possibility. From that day on, you may qualify for Social Security
More informationCarter Roth and Debbie Roth
Carter Roth and Debbie Roth N. Main St. Suite Minneapolis, Minnesota 555 Phone: -555- Fax: -555- Email: john.smith@impact-tech.com Table of Contents Important Notes Maximizing Conversion at Death 3 Comparing
More informationT. Rowe Price Traditional and Roth IRA Disclosure Statement and Custodial Agreement T. Rowe Price Privacy Policy
T. Rowe Price Traditional and Roth IRA Disclosure Statement and Custodial Agreement T. Rowe Price Privacy Policy March 2018 TABLE OF CONTENTS DISCLOSURE STATEMENT Introduction 3 Section I Revocation 3
More information403(b) Tax Deferred Annuity Plan. Saving for the future you want
403(b) Tax Deferred Annuity Plan Saving for the future you want Many retirement experts agree...having the money you want in your later years comes from careful planning now. Important information: Variable
More informationIntroducing The OAPT Deferred Compensation Plan. Featuring Traditional and Roth 457(b) Options
Introducing The OAPT Deferred Compensation Plan Deferred Compensation Plan Featuring Traditional and Roth 457(b) Options Advisory services and securities offered through Lincoln Investment, Registered
More informationTax Tips: Practical Ways to Reduce Your Tax Bill. John Sledgianowski Relationship Manager
Tax Tips: Practical Ways to Reduce Your Tax Bill John Sledgianowski Relationship Manager AAFMAA WEALTH MANAGEMENT & TRUST OUR MISSION: to be the premier provider of financial planning, investment management,
More informationMaking Informed Rollover Decisions
Making Informed Rollover Decisions WHAT TO DO WITH YOUR EMPLOYER-SPONSORED RETIREMENT PLAN ASSETS DEFINED CONTRIBUTION PLANS: A defined contribution plan does not promise a specific amount of benefits
More informationTax-Efficient Retirement Withdrawal Strategies
Tax-Efficient Retirement Withdrawal Strategies MODERATOR Joseph Votava, Seneca Financial Advisors PANELISTS Waldean Wall, Allianz Life David Kahal, AXA What We ll Cover 1. Tax Rates/Brackets 2. Various
More informationLegacy Maximizer. Analysis for: John Doe and Jane Doe Prepared on February 27, Your Financial Services Professional: Seth Stewart
Legacy Maximizer Analysis for: John Doe and Jane Doe Prepared on February 27, 2015 Your Financial Services Professional: Seth Stewart Getting the most out of your money In today's economy, using your money
More informationIRA Assets and Rollovers. Unlocking Opportunities at Ages 60 to 70. Retirement SOLUTIONS 12/ A
IRA Assets and Rollovers Unlocking Opportunities at Ages 60 to 70 Retirement 12/15 23077-15A SOLUTIONS Using Rollovers as a Retirement Strategy As you reflect on your retirement goals, a few questions
More informationRoth IRA 2018 YOUR PARTNERS IN BUILDING WEALTH AND SECURITY
1 Roth IRA 2018 YOUR PARTNERS IN BUILDING WEALTH AND SECURITY 111.1111 2 Roth IRA A Roth Individual Retirement Account (IRA) can help you save for retirement by offering tax-free earnings accumulation
More informationVoya Select Advantage IRA
Voya Select Advantage IRA Mutal Fund Custodial Account Maxwell An Investor s Best Friend Securities and advisory services offered through SagePoint Financial, Inc., member FINRA/SIPC. Insurance offered
More informationWhat You Need To Know When It Is Time To Start Distributions From Your Retirement Accounts
Retirement Planning Required Minimum Distributions What You Need To Know When It Is Time To Start Distributions From Your Retirement Accounts WHAT ARE REQUIRED MINIMUM DISTRIBUTIONS? Required minimum distributions
More informationUnderstanding the Roth Contribution Feature : 401(k) Plans and ERISA 403(b) Plans
A Roth 401(k) and Roth ERISA 403(b) Plan Guide for Plan Sponsors Understanding the Roth Contribution Feature : 401(k) Plans and ERISA 403(b) Plans FOR PLAN SPONSOR USE ONLY. Contents 1 Overview 2 The Roth
More information