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COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
Used
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
UsedDisclosure: This is not an offer to sell securities. Any person, entity or organization must first be qualified by the company and read all of the offering documents and attest to reading and fully understanding such documents. SFG Acquisitions and its affiliates are not licensed securities dealers or brokers and as such do not hold themselves to be. This report should be construed as informational and not as an advertisement soliciting for any particular purpose. All securities herein discussed have not been registered or approved by any securities regulatory agency in accordance with the securities act of 1993 or any state securities law.
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
Used#1Traditional IRA
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
UsedTraditional IRA
A self-directed Traditional IRA may be opened by any individual with earned income. Cash is contributed into a Traditional IRA “pre-tax,” meaning the contribution is taken as tax-deduction from earned income for that tax year.
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
Used#2Roth IRA
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
UsedRoth IRACash is contributed to a Roth IRA “post-tax,” which means contributions are made with taxable earnings for that tax year. Because Roth contributions are taxed when they enter the account, it may be beneficial to open a Roth IRA account when your anticipated yearly income is going to be less, and therefore your tax bracket is lower.
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
Used#3SEP IRA
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
UsedSEP IRASimplified Employee Pension (SEP) IRAs are a popular employer plan for self-employed individuals. A SEP IRA allows you to choose the percentage of contribution for any given year (0-25% of earned income) for yourself and your staff.
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
Used#4Simple IRA
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
UsedSimple IRAThe Savings Incentive Match Plan for Employees (SIMPLE) IRA is an IRA-based plan that gives employers an easy way to make contributions toward their employees’ retirement. This is a popular plan for smaller companies – 100 employees or less.
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
Used#5Inherited IRA
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
UsedInherited IRAAn Inherited IRA, sometimes called a Beneficiary IRA, is an account established by the beneficiary of an IRA to retain the tax advantages of assets held in the IRA of a deceased person.
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
Used#6Individual 401(k) IRA
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
UsedIndividual 401(k) IRAA 401(k) is a profit sharing plan for businesses. This type of plan offers the highest contribution amounts available and offers employers flexibility in how the plan is structured. 401(k) plans are employer plans that can be written, to some extent, according to the employer’s specifications.
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
Used#7 HSA(Health Savings Account)
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
Used(Health Savings Account)
A Health Savings Account (HSA) is a tax-advantaged savings account for current and/or future medical expenses. Coupled with a high-deductible health plan, HSAs offer consumers a way to have more control over their healthcare choices and cost while simultaneously saving for future health expenses.
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
Used#8 Coverdell ESA
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
UsedCoverdell ESA Coverdell Education Savings Account (ESA) is a trust or custodial account that is designed exclusively for paying the qualified education expenses of the designated beneficiary of the account. The account must be designated as a Coverdell Education Savings Account when it is created to be treated as a Coverdell ESA for tax purposes.
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
Top 8 IRA Account
Types and How It Is
UsedLearn more about IRAs read here
www.sfgacquisitions.com/irainforeports
COPYRIGHT 2015 FREE REPORTSWWW.SFGACQUISITIONS.COM/IRATIPS1
