Prohibited Transactions, Real Estate
We all make mistakes. Unfortunately, making a mistake with your self-directed IRA can turn out to be very costly. Be sure to play it clean and get educated. Although there is much more to learn, here is a list of our Top 5 Real Estate IRA Questions: 1. Can I live...
401(k), Contribution Limits, Roth IRA, SEP IRA, SIMPLE IRA, Traditional IRA
Contribution Limits for IRAs and Other Tax-Advantaged Plans INDIVIDUAL PLANS Traditional and Roth IRA Contribution Limits 2016 2017 Up to age 50 $5,500 $5,500 Catch-Up Contributions Age 50+ $1,000 $1,000 Total Contribution if Over the Age 50+ $6,500 $6,500...
401(k), 60-Day Rollover, IRA Distributions, Rollover, Roth IRA, Self Directed IRA, SEP IRA, SIMPLE IRA, Traditional IRA
IR-2016-113, Aug. 24, 2016 WASHINGTON — The Internal Revenue Service today provided a self-certification procedure designed to help recipients of retirement plan distributions who inadvertently miss the 60-day time limit for properly rolling these amounts into another...
60-Day Rollover, IRA Distributions, Rollover, Roth IRA, Self Directed IRA, SEP IRA, SIMPLE IRA, Traditional IRA
IR-2014-107, Nov. 10, 2014 WASHINGTON — The Internal Revenue Service today issued guidance clarifying the impact a 2014 individual retirement arrangement (IRA) rollover has on the one-per-year limit imposed by the Internal Revenue Code on tax-free rollovers between...