New RMD Limits

New Year, new rules.  Congress has passed the SECURE Act (Setting Every Community Up for Retirement Enhancement Act) which became effective January 1, 2020. It brings the most significant changes to the retirement system in over a decade including changes for...

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Elimination of the Stretch IRA

What is a Stretch IRA? The term refers to your beneficiaries taking Required Minimum Distributions (RMD’s) from an Inherited IRA or 401k over extended periods of time. The rules allow you to name someone as the beneficiary of the retirement plan. Previously, that...

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Qualified Charitable Distributions vs. Required Minimum Distributions

Some people grumble about having to take their annual Required Minimum Distributions (RMDs).  A required minimum distribution (RMD) is the amount of money that must be withdrawn from a traditional, SEP, or SIMPLE IRA account by owners and qualified...

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Maximizing Your Retirement Savings

How can you squirrel-away the most retirement savings?  If you’re self-employed you can do this easily with a SEP Plan.  First available in 1979, the Simplified Employee Pension (SEP) is an employer sponsored retirement plan that permits employers to...

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How uDirect IRA Services Makes Your Investing Experience Go Smoothly

By: Jeff Dixon, Business Development Manager When it comes to Self-Directing your retirement funds you want great service and reasonable fees.  We have many people switch their IRA accounts from other companies to uDirect IRA Services for these reasons.  Generally, the frustrations with the...

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Navigating The IRA-Owned LLC

by Jeff Dixon, Sr. Business Development Manager One popular option that a uDirect IRA Services account-holder can utilize is the IRA owned LLC, often referred to a “Checkbook IRA.” It's one of the tools in your investor tool-belt, but how...

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Roth IRA Contributions and Conversions

By: Jeff Dixon, MBA - Sr. Business Development Manager, uDirect IRA Services A Roth IRA is a retirement account that accepts after-tax funds. That means you pay taxes on the contributions. The profits then grow tax-exempt. For the 2019 tax...

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