Insights: IRA

Explore

5 retirement-smart ways to use your tax refund

If you receive a tax refund this year consider putting that money to work for you instead of spending it. You can save and/or invest that money for your future...

Read More

What Tax-Free Growth Looks Like

Whether you’re saving for retirement or another financial goal, it’s important to consider how the tax benefits available with different types of accounts will help you reach your financial objectives....

Read More

Do Your IRA Investments Earn Business Income?

*IRS update March 29, 2021: 2020 tax returns and IRA contribution deadlines extended to May 17, 2021.   If so, your IRA might owe UBTI or UDFI tax.  Certain types...

Read More

Withholding Tax

Will Taxes be Taken Out of My IRA Withdrawal?

If you want to take a specific dollar amount out of your IRA, which of the following would you request your IRA custodian to distribute? Exact amount Amount plus 10%...

Read More

2021 COLA Announcement: Impact on IRAs

SOME IRA LIMITS CHANGE for 2021 Each year, the amount you are permitted to contribute to an IRA or to deduct on your tax return for your contributions can change...

Read More

Futures Trading

Diversifying Your Retirement Portfolio: What Investors Need to Know About Futures Trading

Futures trading got some mainstream attention with the success of the 1983 big-screen comedy “Trading Places,” with co-stars Dan Akroyd and Eddie Murphy trading on frozen orange juice futures. The...

Read More