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IRAs: Roth, Traditional and Rollover PDF Print E-mail

IRAs: Roth, Traditional And Rollover

IRA Roth Traditional RolloverNo matter if retirement is just around the corner or many years away, establishing an IRA as part of your retirement planning puts you in the driver's seat.

Take a look at the types of IRAs that are available to find the one that best meets your unique investment needs.

Roth IRAs – Contributions are after-tax and withdrawals are tax-free if certain requirements are met

Traditional IRAs – Contributions are tax deductible and withdrawals are taxed

Rollover IRAs – Contributions are rolled over from an employer-sponsored plan and contribution limits don't apply
  • Keep in mind that distributions taken prior to age 59½ may be subject to a 10% penalty.

Our advisors at Foothill Family Financial will help you gain a basic understanding of your options so that you can maximize the return on every dollar you set aside within your IRA.

 

Contact Foothill Family Financial No Obligation Consultation

Foothill Family Financial can guide you through the tough decisions required for your family and business financial planning. Our financial advisors possess years of experience and can custom tailor a financial plan to meet your individual needs.

Contact Foothill Family Financial to talk to a Financial Planner, or to discuss any of our other offerings.

 

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Newsflash

LIFE INSURANCE RATES CONTINUE TO DECLINE

With life insurance rates going down and life expectancy going up, now is the ideal time to reevaluate your life insurance needs, according to the Insurance Information Institute (I.I.I.). “We foresee a continued downward trend in life insurance premiums, which began a little more than 10 years ago,” said I.I.I. vice president and chief economist Dr. Steven Weisbart.