We recently received an email from a client asking about Required Minimum Distributions. This client is approaching the magic number of 70. She read that at age 70 ½, she is required to starting taking distributions out of her Traditional IRA. She asked if there was a way around this, as she doesn’t need the…
Tag: ira minimum distribution
IRA Distributions And The New 3.8% Healthcare Tax
Our office has been receiving numerous calls regarding the new 3.8% tax to pay for the Obama Healthcare Law that was recently signed. The primary question is regarding whether you, as the client taking a distribution from your IRA, will be subject to this tax. As you know, IRA Innovations does not provide financial advice….
Setting The Stage With Your Self-Directed IRA
As with a personal portfolio, your IRA portfolio may need adjustment. You may wish to direct your assets in a different direction as your retirement plan goals and objectives change. With a self-directed IRA, you have the ability to direct your assets any way you wish. Real Estate vs Notes in a Self Directed IRA…