Contents tagged with Account Management

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Time to Consider a Roth Conversion?

By Elsie Dudukovich0 Comments
While “Christmas in July” can be an amusing theme for parties, sales, and other special events, the middle of the year may be a beneficial time to start researching this potentially complex money movement.  Read More

Can a Non-Working Spouse Have an IRA?

By Elsie Dudukovich0 Comments
Some people decide to open joint checking, savings, and credit accounts after they get married.  While it is not possible to have a “joint” retirement account, it is possible for a non-working spouse to open an IRA.  Read More

What Would You Do with $3,000?

By Elsie Dudukovich0 Comments
According to the IRS, the average 2015 federal income tax refund was $3,120. Regardless of the amount you’re receiving, there is a lot you can do to make lasting use of the funds.  
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Are you Required to Take a Distribution?

By Elsie Dudukovich1 Comments
Before you know it, the deadline will be here for those who need to take a required minimum distribution (RMD) from their retirement accounts. Find out if you’re due to take one and what could happen if you don’t.  
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If You Only Have a 401(k), You Could Be Missing Out

By Elsie Dudukovich0 Comments
If your retirement planning experience is limited to participating in your company’s 401(k), you run the risk of missing out on increasing your retirement savings through business plans or tax diversification through actions such as a Roth conversion.      Read More

Self-Directed Investment Dress-Rehearsal

By Elsie Dudukovich0 Comments
If you’ve researched or completed a self-directed investment, you’ve likely heard of the Direction of Investment form. Here’s what you need to know about the form, as well as handy lists of supporting documents you’ll need for different types of investments, to get you ready for the real thing. Read More

Ask the IRA Expert: Is It Worth the Fees for a Single Investment?

By John Bowens0 Comments
I’m looking at taking my money out of an IRA which only holds stocks and a mutual fund for the sake of purchasing a property. It would actually be a rental unit. However, I know self-directed IRAs have a different fee system and I’m only looking at one investment property. Is it worth the fees for a single investment?
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Ask the IRA Expert: Do I Need to Worry Beyond Sweat Equity?

By John Bowens0 Comments
What about providing the services at tax sales of registering to bid, bidding, traveling to and from the tax sale, dealing with the recording of the deeds and subsequent sale of properties acquired? Are these services according to black letter law? Are these not services under the intent of the law? Do you have any tax court rulings, memos, PLR’s or anything to address this question? Read More