Annuity & Insurance Agency
Articles, guides, and reviews about various individual retirement accounts (IRAs) and Roth IRAs.
When investing in your future or your child’s education, you want to make the right choice. As you consider your options, you’ll likely come across two popular investment plans: the 529 College Savings Plan and the Roth IRA. Both are tax-advantaged investment vehicles, but their purpose and benefits differ. To help you make an informed …
Understanding the difference between a transfer and a rollover is essential when managing your retirement savings. These two terms are often confused, but knowing the distinctions can help you make informed decisions and ensure the long-term success of your financial planning. In this comparison, we will explore the differences between transfers and rollovers, discuss the …
Reaching 60 and thinking about retirement might seem daunting, but it’s never too late to start investing for a comfortable and secure future. This guide will explore various strategies and investment options to help you build a solid retirement plan, even at age 60. By taking a people-first approach, we aim to provide clear, actionable …
When it comes to saving for retirement, planning is essential. For many people, 401k and IRA accounts are the cornerstones of their retirement savings strategy. However, life can be unpredictable, and sometimes you may find yourself in need of accessing these funds before reaching retirement age. In this guide, we’ll explore early withdrawal penalties and …
Investing is a crucial aspect of financial planning, and it requires careful consideration of several factors, including risk tolerance, financial goals, and investment options. Two popular investment options are Individual Retirement Accounts (IRAs) and Certificates of Deposit (CDs). These investments offer different advantages and disadvantages, and choosing the right one can significantly affect your investment …
When it comes to saving for retirement, there’s no better way to do it than with an IRA. And when it comes to finding the best IRA interest rates, you need to know where to look. Fortunately, we’ve got you covered. In this blog post, we’ll tell you all about the best IRA interest rates …
A Simplified Employee Pension (SEP) Individual Retirement Account (IRA) is a type of retirement account that allows self-employed individuals and small business owners to contribute to their retirement. While it can be a great way to save for retirement, withdrawing money from a SEP IRA can be complicated. Fortunately, there is an option that can …
A Roth IRA is a popular retirement savings option with several tax benefits. Unlike traditional IRAs, contributions to a Roth IRA are made with after-tax dollars, meaning you can withdraw your contributions at any time without paying any taxes or penalties. However, the rules around withdrawing earnings from a Roth IRA can be more complicated. …
Can You Withdraw Your Contributions From a Roth IRA Without a Penalty? Read More »
Retirement can be a daunting and confusing time for many people. Knowing where to start cannot be accessible with many options and factors. This is why it is crucial to have a solid understanding of what retirement income is, how it works, and what your options are. This overview will cover the basics of retirement …
Many people are wondering how they can retire next year at age 72 with only $800,000. While it may seem impossible to some, it can be done if you follow these simple steps! This guide will cover the basics of retirement planning and show you how to make the most of your money. So, whether …
Here’s How To Retire Next Year at Age 72 with Only $800,000 Read More »