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What You Need to Know About Annuities in an IRA

What are annuities and IRAs? How do they differ? IRA is short for “individual retirement account,” an account that you can use to purchase stocks, bonds, mutual funds and other assets to build a retirement nest egg. There are two types of IRAs, traditional and Roth. Traditional IRA: You contribute pretax dollars — in 2019 […]

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Financial Mistakes Retirees can Still Make in Their Golden Years

Unbeknownst to a lot of people, some, well into their golden years, still have some financial issues when it comes to their retirement. There are still mistakes to be made, there are still some downfalls and hard times, and there are ways to navigate around those issues unscathed. We’re here today to talk about some […]

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When Withdrawing Funds from your IRA are Penalty-Free

It’s not uncommon that contributions that workers make to their IRA are prematurely withdrawn. An IRA is intended to supplement income in retirement years, but as the future and some circumstances are often out of our control, an IRA is sometimes used in other ways than retirement. Should workers need to take funds from their […]

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Mistakes that Beginner IRA Savers Can Make

When you’re starting out on any endeavor, it can be challenging to get everything correct. What helps though is knowing the pitfalls and common mistakes that other people have made, and how to avoid them. The impact that taxes will have Have you wondered why so many people choose a Roth IRA over a Traditional? […]

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