Inherited IRA: How It Works & Distribution Rules

What’s an inherited IRA and how does it work? This article by Nerd Wallet discusses withdrawal rules and taxes.   Enjoy this complimentary download: By submitting your contact information, you consent to be contacted regarding retirement income strategies that utilize investments and insurance products. Source Article: https://www.nerdwallet.com/article/investing/inherited-ira-options   Investing involves risk, including the potential loss…

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PODCAST 86: What Should I Do If I’ve Named My IRA Beneficiary a Trust?

Get your complimentary guide to go with this episode: By submitting your contact information, you consent to be contacted regarding retirement income strategies that utilize investments and insurance products.   Below is a transcription of the Ask Gregory Podcast 86 – What Should I Do If I’ve Named My IRA Beneficiary a Trust? Gregory Ricks …

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Roth IRA conversion: 7 things to know

Roth IRAs have benefits like tax-free growth potential and tax-free withdrawals in retirement, but is a Roth IRA right for you? Fidelity lists 7 things you should know if you’re considering converting to a Roth IRA.   Enjoy this complimentary download: By submitting your contact information, you consent to be contacted regarding retirement income strategies…

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3 Reasons You’ll Be Thankful You Used a Roth IRA

Each retirement account is different and comes with its own perks. A commonly used account is a Roth IRA. In this article, The Motley Fool gives you three reasons you should consider opening a Roth IRA.   Enjoy this complimentary download: By submitting your contact information, you consent to be contacted regarding retirement income strategies…

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I Love Roth IRAs and Roth Conversions!

Kiplinger refers to Roth IRAs as “a gift from the government.” But many people don’t utilize this gift. This article discusses why now is the time to do just that.   Enjoy this complimentary download: By submitting your contact information, you consent to be contacted regarding retirement income strategies that utilize investments and insurance products.…

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3 Reasons You Won’t Regret Saving in a Roth IRA

Roth IRAs have low annual contribution limits and income limitations, but you shouldn’t overlook them. Motley Fool gives three reasons you should consider opening one.   Enjoy this complimentary download: By submitting your contact information, you consent to be contacted regarding retirement income strategies that utilize investments and insurance products. Source Article: https://www.fool.com/investing/2022/04/14/3-reasons-you-wont-regret-saving-in-a-roth-ira/ Please remember that…

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Backdoor Roth IRA? Avoid These 5 Mistakes

If an investor earns too much to directly contribute to a Roth IRA, there is an opportunity to open a traditional IRA and then convert it to a Roth IRA. However, there can be potential issues that you should think about before doing this. Morningstar discusses five common mistakes that investors run into when doing…

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The 1 Reason a Roth IRA Is Really the Best Place for Your Savings

For the average earner, Social Security will replace about 40% of their former paycheck. But you’ll need about twice that if you want to maintain the lifestyle you’re used to. In this article, Motley Fool discusses why a Roth IRA may be a good savings plan.   Enjoy this complimentary download: By submitting your contact…

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Social Security: How Investing in a Roth IRA Can Boost Your Benefits

Contributing to a Roth IRA means that you’re contributing after-tax dollars, so you can withdraw penalty-free and tax-free after 59 ½. But there’s also another benefit of a Roth IRA according to this Motley Fool article. By contributing to a Roth IRA, you may be able to potentially reduce taxes and keep more of your…

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PODCAST 76: What Can I Do with My Roth IRA After Five Years?

Get your complimentary guide to go with this episode: By submitting your contact information, you consent to be contacted regarding retirement income strategies that utilize investments and insurance products.   Below is a transcription of the Ask Gregory Podcast 76 – What Can I Do with my Roth IRA After Five Years? Hey welcome. I’m…

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