)
Heath Sanmiguel

Heath Sanmiguel

Hardcore travel aficionado. Amateur twitter advocate. Award-winning pop culture enthusiast. Passionate pizza aficionado. General music aficionado.

45 Total Articles
What type of investments have the highest return?

What type of investments have the highest return?

The stock market is considered to offer the highest investment returns over time. Stock prices are usually more volatile...

Who can be excluded from a 403b plan?

Who can be excluded from a 403b plan?

The term 403 (b) plan refers to a retirement account designed for certain employees of public schools and other...

Is there a 100% safe investment?

Is there a 100% safe investment?

There are no investments that are completely risk-free. Even the safe investments listed above, such as buying physical...

Does a sep have to be offered to all employees?

Does a sep have to be offered to all employees?

The good news is that you only have to offer the SEP IRA to “eligible employees” and you can make employees...

Can a 75 year old open a roth ira?

Can a 75 year old open a roth ira?

You can open or contribute to an Individual Retirement Account (IRA) at any age, but you must have what the Internal...

Why traditional 401k is better than roth?

Why traditional 401k is better than roth?

In this case, taking advantage of the tax benefit now with a traditional contribution may make more sense than the Roth...

What is the safest asset to own?

What is the safest asset to own?

Historically, some of the most common types of safe assets are real estate, cash, Treasury bills, money market funds, and ...

Are traditional ira withdrawals taxed ordinary income?

Are traditional ira withdrawals taxed ordinary income?

Conclusion: On the other hand, traditional IRA withdrawals are taxed at the regular income tax rate, and you should start ...

What salary can you not have an ira?

What salary can you not have an ira?

There are no income limits for traditional IRAs 1; however, there are income limits for tax-deductible contributions....

Which investment is the safest?

Which investment is the safest?

You may be using an unsupported or outdated browser. For the best possible experience, use the latest version of Chrome,...

What is the tax rate on traditional ira withdrawals?

What is the tax rate on traditional ira withdrawals?

Regardless of your age, you'll need to file a 1040 form and show the amount of the IRA withdrawal. When you make a...

Is a substantial contributor a disqualified person?

Is a substantial contributor a disqualified person?

A corporation is a disqualified person if a substantial taxpayer, the administrator of the foundation, the owner of the...

What is the tax penalty for withdrawing from a sep-ira?

What is the tax penalty for withdrawing from a sep-ira?

In general, the amounts that a person withdraws from an IRA or retirement plan before turning 59 and a half years old are ...

At what age must you stop contributing to a roth ira?

At what age must you stop contributing to a roth ira?

The sooner you start a Roth IRA, the better. There is no age limit for contributing funds, including buying physical Gold ...

Can you contribute to a sep ira at any age?

Can you contribute to a sep ira at any age?

You don't have to contribute every year. When you contribute, you must contribute to the SEP-IRAs of all participants who ...

How much can a 75 year old contribute to a roth ira?

How much can a 75 year old contribute to a roth ira?

If you (or your spouse) don't have any type of retirement plan, you can request a full deduction from an IRA. For...

Who is qualified to contribute to an ira?

Who is qualified to contribute to an ira?

Anyone with earned income can open and contribute to an IRA, including those who have a 401 (k) account through an...

What is the #1 safest investment?

What is the #1 safest investment?

Treasury Bills, Notes, Bonds and TIPS are all safe investments, but it is important to be aware of potential gold IRA...

What is a disqualified person?

What is a disqualified person?

A disqualified person is any person who has been in a position to exercise substantial influence over the affairs of the...

Where should i put money to avoid capital gains?

Where should i put money to avoid capital gains?

Contribute to your retirement accounts Investing in retirement accounts removes capital gains taxes from your portfolio....

What is a prohibited transaction?

What is a prohibited transaction?

A prohibited transaction is a transaction between a plan and a disqualified person that is prohibited by law. Perhaps the ...

How much are you taxed on a traditional ira withdrawal?

How much are you taxed on a traditional ira withdrawal?

Regardless of your age, you'll need to file a 1040 form and show the amount of the IRA withdrawal. Withdrawals from...

Can i contribute to a sep after age 72?

Can i contribute to a sep after age 72?

You must contribute for each employee eligible to participate in your SEP, even if they are over 70 and a half years old...

Who is considered a disqualified person?

Who is considered a disqualified person?

A disqualified person is any person who has been in a position to exercise substantial influence over the affairs of the...

Can you make sep-ira contributions after age 72?

Can you make sep-ira contributions after age 72?

You're never too old for a contribution to the SEP. There is no age limit as long as you work and comply with the plan's...

Can a 73 year old contribute to a 401k?

Can a 73 year old contribute to a 401k?

If you're still working, you can contribute the full amount of your salary deferral to a Roth 401 (k), regardless of your ...

Buying physical Gold in an IRA

Buying physical Gold in an IRA

This page will assist you in your search for information on "Buying physical Gold in an IRA" and about the best providers ...

Can an 85 year old contribute to an roth ira?

Can an 85 year old contribute to an roth ira?

You can open or contribute to an individual retirement account (IRA) at any age, but you must have what the Internal...

Who are disqualified persons ira?

Who are disqualified persons ira?

Disqualified individuals include the IRA owner's trustee and family members (spouse, ancestor, linear descendant, and any ...

Can you buy and sell within an ira?

Can you buy and sell within an ira?

If you have an IRA, you can use IRA funds to buy, sell, and buy back shares in your retirement account as often as you...

Can seasonal employees be excluded from a 401k plan?

Can seasonal employees be excluded from a 401k plan?

For plans that accredit service based on hours worked and not on elapsed time, part-time or seasonal employees could be...

Is a traditional ira a good investment?

Is a traditional ira a good investment?

The traditional IRA is one of the best options in the toolbox for saving for retirement. You can open a traditional IRA...

Can a 70 year old put money in a roth ira?

Can a 70 year old put money in a roth ira?

Maybe you can reduce that daily amount of coffee to just once or twice a week, or skip it entirely and invest that money...

Who is a disqualified person under erisa?

Who is a disqualified person under erisa?

Disqualified individuals include the IRA owner's trustee and family members (spouse, ancestor, linear descendant, and any ...

When can you contribute to a sep ira?

When can you contribute to a sep ira?

Contributions to the SEP-IRA can be made from the previous year until the tax-filing deadline. You can set up the account ...

At what age should you stop invest in a roth ira?

At what age should you stop invest in a roth ira?

There is no age limit for contributing funds, but there is an age limit for starting withdrawals. You must be 59 and a...

Can you put money in a roth if you are retired?

Can you put money in a roth if you are retired?

You can continue to contribute to a Roth IRA after you retire, as long as you have some earned income. Contributions to...

Who cannot do ira?

Who cannot do ira?

However, you can still contribute to a Roth IRA and make a reinvestment. There are no income limits for traditional IRAs, ...

Do i pay tax if i sell stock in traditional ira but do not withdraw the money?

Do i pay tax if i sell stock in traditional ira but do not withdraw the money?

You'll only incur taxes if you withdraw money from your IRA through withdrawals or distributions. If you sell stocks at a ...

Can you avoid capital gains by reinvesting the money?

Can you avoid capital gains by reinvesting the money?

It is often possible to achieve this goal by running a 1031 exchange. The transaction is named after the corresponding...