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Successful Money Management® seminar includes:Financial StrategiesPrivate Wealth Management Investment Consulting Retirement Planning IRA 401(k) Risk Management Estate Planning Hear How You Can:Manage Your MoneyPotentially Reduce Your Taxes Save and Invest Structure Your Investments Seek a Financially Independent Retirement |
![]() Individual Retirement Account (IRA)Traditional IRATraditional IRA's are established by individual taxpayers and are not exactly considered investments, rather an IRA is a registration for retirement investments. Contributions cannot exceed $4,000 per person to all IRA accounts in any given year ($8,000 for married taxpayers). Contributions made towards a Traditonal IRA may be tax deductible depending on income, filing status and coverage by an applicable employer-sponsored retirement plan. By attending the Successful Money Management® Seminar one will learn the benefits and shortcomings associated with IRA programs and the different alternatives available beyond traditional employer-sponsored plans.Roth IRARoth IRA contributions are not tax-deductible, but when it comes time to start making withdrawals, one can typically make income-tax-free withdrawals at retirement if they have held the account longer than 5 years, or have reached the age of 59 and a half, whichever is later.What is it?
Conversions to a Roth IRAYou can convert all or part of your traditional IRA to a Roth IRA of your adjusted gross income is less than $100,000.
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