Announcement 2

Information related to Coronavirus (COVID-19) here.

Announcement 2

Second piece of info goes here

ACCOUNT TYPE

Traditional IRA

The gold standard IRA that can meet the needs of just about any investor. If you have earned income, you can contribute to a Traditional IRA.

Slide

AT-A-GLANCE

What should you know about a Self-Directed Traditional IRA?

Tax Benefits

Other Benefits

DISTRIBUTION RULES

What should you know about Traditional IRA distributions?

Minimum Distribution Facts

Early Distribution Facts

BELOW AGE 59½ AGE 59½ - 72 AGE 72 OR OLDER
You may distribute cash or assets from your Traditional IRA at any time, though a 10% early distribution penalty will apply. This penalty will be assessed on top of any applicable taxes. Upon reaching age 59½, you will no longer have to worry about the 10% early distribution penalty. Withdrawals will be taxed as regular income and need only occur at your election. You must begin taking required minimum distributions (RMDs) every year. RMDs are calculated in accordance with your age and your account value.
BELOW AGE 59½
You may distribute cash or assets from your Traditional IRA at any time, though a 10% early distribution penalty will apply. This penalty will be assessed on top of any applicable taxes.
AGE 59½ - 72
Upon reaching age 59½, you will no longer have to worry about the 10% early distribution penalty. Withdrawals will be taxed as regular income and need only occur at your election.
AGE 72 OR OLDER
You must begin taking required minimum distributions (RMDs) every year. RMDs are calculated in accordance with your age and your account value.

Slide

GETTING STARTED

How do you fund your Traditional IRA account?

Contributions

If you have earned income for a given year, you can make a Traditional IRA contribution of your personal money for that year. You can contribute up to $6,000 per year in 2020 and 2021. Account holders age 50 and older may contribute an additional $1,000 per year.

Transfers

The following account types can be transferred to or from a Traditional IRA: Traditional IRA, SEP IRA, SIMPLE IRA (if the SIMPLE has been open for at least two years)

Rollovers

The following account types can be rolled into or from a Traditional IRA: 401(k), 403(b), 457(b), Thrift Savings Plan

Wipe Divider Down

OTHER INVESTMENTS

ROI is everywhere if you know where to look.

No financial advisor knows you better than yourself. With a Self-Directed IRA you have the freedom to invest your tax-advantaged retirement funds in the assets you’re most passionate about. From real estate to startups to small businesses to more “out there” opportunities, if you can find it, we will help you fund it.

Slide

EDUCATION CENTER

Want to learn more about Traditional IRA accounts?

Essential Viewing

Play Video
All About Traditional IRAs

Traditional IRA Guide

Investor's Guide to
Traditional IRAs