Roth IRA Distribution Rules

A client who wants to purchase a business asked our firm about the distribution rules for Roth IRAs. Seems he and his wife have Roth IRAs and would like to use the funds from those investments to purchase a business. So, what are the rules for Roth IRA distributions? Qualified Distributions Qualified distributions from a Read more about Roth IRA Distribution Rules[…]

New Retirement Option?

In his state of the union address on January 29, 2014, President Obama instructed the Treasury Department to create the myRA retirement savings account.  These accounts will be available before 2015.  As an update, President Obama’s budget, released on March 4 requires these accounts to be offered this year.  More on President Obama’s budget tax Read more about New Retirement Option?[…]