Timothy Sumer

Stretch IRA's, RMD's, Inherited IRA's , QCD's and IRA penalty free distribution exception for IRA.I'll give you an explanation of the 5 parts of the new law that are most likely to impact your finances. RMD changes and Stretch IRA is dead. Check out www.bradrosley.com for many educational posts. brad@fortunefinancialgroup.com... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA The SECURE Act, which came into effect on January 1, 2020, introduced significant changes to retirement planning . One of the most significant changes is the elimination of the Stretch IRA provision. This provision allowed non-spouse beneficiaries of an IRA to stretch out distributions over their lifetimes, significantly reducing the tax burden on inherited IRAs. However, under the new SECURE Act, non-spouse beneficiaries must distribute the entire IR

Roth IRA’s have fantastic tax advantages that you should learn about. Blog on Roth IRA - Also, learn: 1. Liquidity feature 2. RMD exclusion 3. Who can fund the Roth #Roth #retirement #RothIRA 4. The three ways to Roth Everybody should be trying to include the Roth IRA in their financial plan. Link to blog post on Roth IRA: Firm website www.fortunefinancialgroup.com... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA If you are planning for your retirement and researching the different types of Individual Retirement Accounts (IRA), you may have come across the terms Roth IRA and Traditional IRA. These two types of IRAs have different features which can make one more beneficial to you than the other, depending on your individual situation. This article will explain the difference between the two. Roth IRA A Roth IRA is similar to a tr