7 Things You Might Not Know About an IRA
In the spirit of April being Financial Literacy Month, it’s a great time to point out some of the details about your self-directed IRA (SDIRA) that you might not be...
2023 Self-Directed IRA Deadlines and Contribution Limits
As the 2023 tax-filing deadline quickly approaches, it may be easy to forget to make your annual contribution to your self-directed IRA. But failing to timely contribute to your IRA...
Calculating Tax on IRA Distributions
Did you take a distribution (or withdrawal) in 2023 from your IRA or other tax-qualified retirement plan? If so, you should have received an IRS Form 1099-R by the end...
A Comparison of IRAs and 401(k)s
Since first becoming available through the Revenue Act of 1978, 401(k) plans have become the predominant retirement plan for private-sector employers. IRAs have been around for even longer, since 1975....
IRS COLA Changes for 2024
After last year’s historic cost-of-living adjustments (COLAs), the changes for 2024 are more modest. While inflation remains a concern for many, it has moderated a bit; but still, many of...
Considerations for Roth IRA Conversions
Converting from a Traditional IRA to a Roth IRA can be a great way to jump-start your Roth IRA savings. Conversions involve moving (typically) pre-tax Traditional IRA assets into a...
