Retirement FAQs
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If I pass away, will my retirement plan go to my spouse tax free?
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Does participation in a 401(k) plan prevent an individual from contributing to a Traditional IRA?
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What do you do for a non-spouse beneficiary receiving a required minimum distribution (RMD) when the plan terminates? Is the purchase of an annuity the only option? Any thoughts on whether an IRA could be opened?
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I made involuntary contributions to a retirement plan while temporarily employed. Can I withdraw these funds without penalty?
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My mother inherited my father's IRA. When she died, I received an account application listing me as the beneficiary, as well as notice that my brother and I will have to take my mom's required distribution. My brother is nowhere to be found. How should I
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Is it easier to save for retirement if you start earlier in life? Can I make up for what I don't save now by contributing more later on?
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I have several jobs. Can I contribute the maximum to multiple employer retirement plans?
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Will I incur a tax penalty when making withdrawls from my IRA in excess of my SEPP?
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How can I reduce the taxes on my inherited retirement assets?
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I want to roll over a portion of my retirement plan with my employer and I have been advised to ask for separate checks to account for pre- and after-tax amounts. What does this mean?
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What types of plans allow catch-up contributions?
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Can I roll a Traditional IRA into a 529 college account for my grandchild?
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Can I close my existing Roth IRA and invest in a new Roth IRA at a different financial institution without a tax penalty?
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My company is the trustee of our 401k plan (which has 112 participants). What are the pros and cons of having the company instead of the plan provider/vendor as the trustee?
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Can an individual contribute to both a Roth IRA and a Traditional IRA in the same year?
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Can I borrow from an IRA without penalty?
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Upon my death, will the beneficiaries of my IRA be compelled to take the entire amount in the IRA as ordinary income, forcing them into unusually high income tax brackets?
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What is the difference between a Traditional and a Roth IRA?
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I didn't record my Traditional IRA contributions. Is there a website that lists IRA contribution limits for past years?
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I own a small business. Can the SBO-401(k) work for me?
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Can high-income earners deduct yearly defined-benefit plan contributions of over $100,000?
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How do I get credit for my retirement plan contributions?
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If there are two plans and one is terminated, creating a distributable event, can loans in the terminated plan be rolled over?
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What effect will a prenuptial agreement have on a 401(k)?
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What are the income limits for Roth IRA contributions?
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I converted my former IRA to a Roth for tax purposes in 1998, so even though the tax was paid over four years, am I correct to assume that this is now mine to withdraw, if I like, at no penalty? I am 60 years old.
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If an individual still has his or her former spouse as the beneficiary of an IRA, does the former spouse receive the assets upon the individual's death?
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My wife and I both converted our Traditional IRAs to Roth IRAs in Dec 1998 and have invested the maximum amount each year to date in the Roth. I am purchasing a new home in January. Do my wife and I each qualify for a one-time, tax-free $10,000 "qualified
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I am the beneficiary of an IRA and a Keogh. Can I combine them into one plan?
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If an IRA owner dies after starting required minimum distributions (RMD) but the spouse is under 70.5, can the spouse roll over the IRA into his/her own IRA, and stop RMDs until age 70.5?
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What is the five-year waiting rule for Roth IRAs?
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I am in the second year of taking SEPP distributions from my IRA. Can I transfer some of the funds to a new IRA with different investment options?
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What's the difference between a savings account and a Roth IRA?
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I'm 70.5 and still working for my own company. Can I defer starting my required minimum distributions?
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I have two jobs. Can I contribute to two SIMPLE IRA plans?
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I just opened an IRA. What can I do to help my money grow?
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How can I get information about my deceased husband's retirement account if his employer withholds it?
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How do I "vest" something?
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