Category: Roth IRA

IRA Distributions, What Is It?

Distributions from Traditional IRAs: Between Ages 59 1/2 and 70 1/2 What is an IRA distribution? A withdrawal from an IRA is referred to as a distribution. Distributions can come in the form of several payment patterns, from a one-time (lump-sum) payment to a series of distributions over several...
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IRA’s What you DON’T know

What are my options if I inherit an IRA or an employer retirement savings plan account? If you don’t want the money, you can always disclaim (refuse to accept) the inherited IRA or plan funds. But if you’re like most people, you will want the money. Your first thought...
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Getting Help from a Financial Professional

Are you suddenly on your own or forced to assume greater responsibility for your financial future? Unsure about whether you’re on the right track with your savings and investments? Finding yourself with new responsibilities, such as the care of a child or an aging parent? Facing other life events,...
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Roth Rollover Guide

Required distributions and non-spousal death benefits can’t be rolled over. Required distributions, certain periodic payments, hardship distributions, corrective distributions, and certain other payments can’t be rolled over. Spouse beneficiaries generally have the same rollover rights as the plan participant, and in addition may roll over Roth 401(k) and 403(b)...
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Time Can Be a Strong Ally in Saving for Retirement

Father Time doesn’t always have a good reputation, particularly when it comes to birthdays. But when it comes to saving for retirement, time might be one of your strongest allies. Why? When time teams up with the growth potential of compounding, the results can be powerful. The premise behind...
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