As April 15 approaches, the window is closing on the opportunities for advisors to capture both 2014 and 2015 IRA contributions.
Entries filed under 'IRA Business Building Ideas'
The IRS allows taxpayers to deposit their refunds directly into IRA accounts.
Most employers permit workers to take distributions from their plans for the purpose of rolling them over to IRAs. This presents a potentially significant opportunity for advisors who want to build their IRA business.
Roth IRAs can be funded at virtually any age. That means individuals can fund accounts with the intention of passing them on to heirs. Beneficiaries inherit the potential to withdraw the funds tax-free.
The three months leading up to the April 15 federal tax filing deadline are considered peak IRA season, when investors still can make contributions for the year just ended, as well as for the new year.
The road to retirement is long and winding and filled with questions about when to retire and with what income. Now is the time to look at the key retirement deadlines and regulatory changes for 2015.
A Roth IRA carries the potential for future tax-free income and could be the gift of a lifetime for a young adult.
Going through the back door can pay off for upper-income retirement savers.