IRA Analysis is essential in avoiding the 

10 most common mistakes:

  1. Missing a Required Minimum Distribution 

  2. Not Taking Advantage of the "Stretch Option"

  3. Not Properly Designating Beneficiaries

  4. Not Establishing Separate Accounts

  5. Putting Too Much at Risk

  6. Overpaying Fees & Loads

  7. Not Having a Tax Strategy

  8. Not Rolling 401(k), 403(b), 457, FL DROP, FRS or Tax Sheltered Annuity to an IRA

  9. Too many Retirement Accounts

  10. Not Getting a Second Opinion

 

Listen to our IRA & 401 (k) rollover discussion.

 

If you own an IRA, IRS Publication 590 governs, and avoiding its many landmines requires specialized knowledge; an untrained advisor can really hurt you here. Learn how to avoid tax penalties, prohibited transactions and expensive "gottchas".

   Check out the IRA rulebook:  

 

Something to consider: not all IRA Custodians give equal service. Typical problems are lack of follow up on taking Required Minimum Distribution amounts, not coordinating with other IRA accounts, using an incorrect IRS distribution table and not creating a proper "stretch" provision for a beneficiary.

 

Find out how to rollover your old 401(k) and lower fees, get better investment options, avoid large portfolio drawdowns and become free of tricky plan rules. If you are age 55 or older, you may be able to take an "in-service" distribution while you are working and rollover to a more favorable IRA and perhaps convert to a Roth IRA.

 

Call me to have your IRA analyzed and to receive a free copy of David F. Royer's book on IRA mistakes.

 

IRA & 401(k) Analysis

Contact Us

         FOR A FREE CONSULTATION

 

Ringgold & Associates

1415 Panther Ln #308

Naples, FL 34105

239-591-6797

 

​​

EMAIL

DRinggold@BrookstoneAdvisor.com