Have you forgotten your IRA? If you don’t have one, should it be part of your overall investment plan? Here are some compelling reasons why this vehicle can help you plan for your future.
Withdrawals made prior to age 59½ may be subject to 10% IRS penalty tax. (In the case of a Roth IRA, it must be held five years as well.) Gains from tax-deferred investments are taxable as ordinary income upon withdrawal.
Alliant Credit Union and Alliant Retirement and Investment Services are not registered broker/dealers and are not affiliated with LPL Financial. The LPL Financial Registered Representatives associated with this site may discuss and/or transact securities business with residents of all 50 states.