Category Archives: IRA Information

Information about different forms of IRAs, including: Traditional, ROTH, SIMPLE, SEP and Rollover IRAs.

Traditional vs Roth IRAs – Which Should I Choose?

Does Thinking About Retirement Accounts Traditionally Fill You with Wroth?   If so, you’re not alone.  Between all the different rules and regulations, minimum distribution requirements and tax treatment, there are a lot of things that go into making the different kinds of retirement accounts distinct from one another.  Let’s start off by saying that…
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Identifying the Difference Between a Traditional and ROTH IRA

Tax planning is an important part of any financial plan.  A common goal we all have is to keep as much of our hard-earned money in our pockets as possible and away from Uncle Sam.  However, the best way to do this varies from person to person based on their unique financial situation. For many…
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Attention Former Texas Teachers

If you still have assets in your TRS retirement account, it might be time to consider moving them into an IRA. As of September 1, 2014, TRS will no longer credit you with the 5% annual rate of return that you’ve received in the past.  While this guaranteed rate of return has always served as…
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4 Advantages to IRA Rollovers

There are several factors to consider when deciding whether or not to rollover your old 401(k) account into an IRA.  Here are 4 of the more common advantages: 1. Control Whether you rollover your assets and decide to self-manage the account or hire an investment advisor to manage it on your behalf, you'll have more…
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The Small Business Owner’s Secret Weapon for Retirement

There’s a retirement plan available to small business owners that few people are familiar with. It’s called a Savings Incentive Match Plan for Employees, or “SIMPLE” IRA. What makes these plans so attractive usually boils down to one word: Cost The more commonly used 401(k) plans typically have expensive annual testing requirements to ensure they…
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What is the Difference Between a ROTH IRA and a Traditional IRA?

I'm actually surprised this question doesn't come up more often than it does. These accounts are staples within the investment world. Yet, the more people I speak with the more I realize there remains a lack of understanding between two of the most common types of retirement planning vehicles. So what is the major difference?…
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