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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.
Want to discuss a strategy for your IRA or to see if investing in an IRA makes sense for you? Then call 800-328-1935 to set up a no-cost, no-obligation financial planning session with a financial consultant with Alliant Retirement and Investment Services.