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QUALIFIED PLANS-RELATED ARTICLES BELOW
Overview of Government-Regulated Retirement
Savings Plans
Over the years, the
government has allowed a variety of
tax-advantaged savings plans to come into
existence so you can save for your
retirement. This article overviews the types
of plans you can choose from as an employee
or as a business owner...read
more
What Are the Benefits to Contributing to an IRA
or 401(k) Type Plans?
Taxes undermine our ability to
grow our wealth and secure our retirement. To
help people save for retirement, the government
has authorized tax advantages to those who
contribute to regulated retirement savings
plans. This article explains the benefits of
contributing to them...read
more
Make a Tax-based Profit on Your IRA Contribution
If You’re Retiring Soon
Government-regulated retirement
plans, like IRAs and 401(k)s, offer you a
tax-advantage. Your contributions are
tax-deductible whose earnings then grow
tax-deferred. Withdrawals are taxed as income.
With no investment gain – or loss – you can make
a tax-based profit by contributing at high
income tax rates, and then withdraw at a low
income tax rates. This article shows you why...read
more
When is a Roth IRA Better than A Traditional
IRA?
Both
a Roth IRA and a traditional IRA are
government qualified retirement savings
plans. But the Roth IRA tax properties of
one can be a better deal for some people
than those of the other. This article lists
their tax properties and who may benefit
most from a Roth...read
more
Tax Efficient Strategies for Converting to a
Roth IRA
As of
2010, anyone – no matter how high his income –
can convert all or any part of a qualified plan
to a Roth IRA. But converting from a qualified
plan – like a traditional IRA – requires paying
income taxes on the amount that you convert into
your Roth IRA. ..read
more
An Overview and Choice of Ira for You:
Traditional, Non-Deductible or Roth
Individual Retirement Accounts (IRAs) were
created to help you save for your
retirement. They’re qualified/IRA regulated
tax shelters. Let’s take a look at them and
their characteristics. The come in 3
versions...read
more
How to calculate your Minimum Required
Distribution if you’re an IRA owner
An IRA owner is the person who contributed to his
IRA. You must take a minimum required
distribution (MRD) from your traditional
IRA or non-deductible each year.
These MRD rules also apply to owners of
simplified employee pension (SEP)
accounts as well as Simple IRAs, since
they're both considered IRAs for this
purpose....read
more
3 Strategies for Using Your IRA to
Invest in Real Estate
With real estate prices depressed and a
lot of wealth sitting in qualified
plans, you may wonder how you can use
that wealth to invest in real estate. In
this article I offer considerations and
strategies for using your IRA to
position yourself in real estate for
your future benefit....read
more
IRAs
and Qualified Plans Offer Limited Asset
Protection
You can lose your assets to
creditors (whom you’ve borrowed from), to claims
under divorce or paternity suits, to trumped-up
claims against your deep pockets, or to
government for taxes owed...read
more
A Self-directed IRA: the Pros and Cons
Government rules allow use of
your IRA for more types of investments than the
conventional trustees - like banks and mutual
fund companies - allow. But you must steer clear
of violation self-dealing rules for those
nonconventional IRA investments...read
more
IRAs, Roths, and 401(k)s with Taxed and Untaxed
Minimum Required Distributions (MRDs)
IRA and Roth IRAs are two
examples of government-regulated retirement
savings plans – called qualified plans. Both are
generally personal plans you set up at
banking-type institutions that you can
contribute to and withdraw from yourself. Other
examples of qualified plans associated with work
are 401(k), 403(b) and their Roth versions- like
Roth 401(k)...read
more
More articles in this category are coming -
so stay tuned :-)
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