How to Ditch a Bad SIMPLE IRA? What's a Prohibited Transaction? - 380
Podcast: Your Money, Your WealthPublished On: Tue May 31 2022
Description: Is there a way to get out of a bad SIMPLE IRA and stash cash in a tax-free Roth account? Can an owner of a company, that's being sold to another company, load up a Roth account with company shares before the sale, and have a big chunk of cash happily growing tax-free? (What exactly are disqualified persons and prohibited transactions?) When designating beneficiaries of an annuity in a community property state like California, does state law or the annuity owner determine the beneficiary? Show notes, free financial resources, Ask Joe & Al On Air: https://bit.ly/ymyw-380
The note was deleted
The note was saved
Your message was sent