please see attached file

************ ****** **** to *********** IRA accounts *** **** ******** *** similar ** **** ***** under fifty ***** *** * ************ ***** ** $5500 *** **** **** *** *********** IRA ******** The ************ ***** *** ***** for **** ******** *** those who are **** ** ***** *** ***** *** contribution ******* ******* in **** **** those ***** fifty ***** ************ * maximum ** $6000 *** those over ***** ************ * ******* of ***** *** **** ****** apply *** ********* ************* for ***** ****** ************* to **** ******** *** ************* ** *** **** ******* *** *** *********** *** ******* ****** add ** the specified ****** *** individua contributions ***** ** ****** ****** ********** ** compensation ** ** *** **** ** ***** **** ************ **** *** any ***** **** ** ****** **** ***** as * result of providing * ******* *** *** **** ************* ****** ************ ***** on *** 1 ** form W-2 *** contributions **** ******** *************** incomes as ******** ************ ******* *** ********** *********** **** **** **** of *** compensation ********** By ***** an ************** taxable ******** **** *** definition of ************ *** *** *** Roth ************* ****** *** ** *** **** ****** **** ***** *** compensation definition and ** not **** ** taxable ****** ****** incomes ******** *********** ****** *** ******* ****** ** *** ******* as *************** *** **** ************* to **** *** ***** ******* *** a half ***** The Roth ************* care ***** subject ** *** ********* *** *** ** ********* ** any time The **** **** applies when *** money ** invested ************** ********* ************* from *** ******* are *** ad Penalty free ***** *** *** ***** **** ******* ******* rules ********* **** *** ***** ************ ******* ***** **** ***** ** *** ***** ************ to *** Roth ******* Allowable ************* should also occur when the ******* holder is ***** ********** *** a half ***** ***** ************ ** the ******* *** **** funds ** the ******* ********** ***** ************* *** ********* ** ***** due ** *************** a person *** make ****** ************* ** ***** **** ** *********** *** accounts ** **** *** ************* *** excess *** ****** is ******* ** **** withdrawals from *** account ** *** ****** ***** ** *** ******* ** **** remain ***** *** any ****** ** **** *** **** problem is **** ***** **** *** ************ ******* in ****** *** IRS ****** a ** tax on *** ****** ************ It is therefore advisable ** ******** *** ************ ** ***** *** ************** *** forced ** make ********* ******* ************* **** their retirement ***** **** **** reach 705 ***** **** **** *** *** only retirement ***** ****** **** ******** ******* ************* *** ******* *********** are ********* *** anyone **** fails ** **** *** withdrawals ** ***** **** ********** * ***** percent *** ** *** difference between *** ****** expected ** ** withdrawn *** the actual ****** withdrawn * ****** ** ******* ** withdraw **** **** *** required minimum ********** ** individual that ** ***** to make withdrawals ****** make **** **** *** *********** are ***** *** required minimum distributionThe ********** ***** ******* *** **** *** ****** ** ****** * *********** **** setting ** * ********** **** *** ***** ****** ** ** select ******* ************* *** the ***** in **** ** ******* **** ****** **** ****** *** *********** beneficiaries *** also ******** ** *** event *** ******* ************* *** *********** ***** ** *** ************* are ********* and ********** allocations *** your ****** ** **** ****** especially when *** have **** **** one ******* beneficiary * person **** **** ** ****** *** *********** forms and even *** ****** ***** to ***** future ********* *** ****** should ****** *** ***** ** *** ************* ** **** ****** *** ********** **** designation formsThe *********** **** are ******* ** both ******* and **** *** ** the ************* **** **** ** ** ***** **** *** *** free **** ******* **** ***** *** ******* ** *********** IRA *********** while **** IRA withdrawals are **** *** free *** *********** ***** ***** traditional IRA ************* *** **** **** the ****** *** ******* hence the **** *** the taxation **** **** *** **** **** *** ********* earnings and *** additional tax **** ** **** ** ****** ********** **** ****** on inheriting *** will ****** ** ******* age *** type or ********** **** ******* do *** **** ** *** ***** ** **** **** * person should ******** the ********* ******* ******* ***** **** *** ********* based ** *** Person **** ** ***** *** ***** ***** the ******* **** **** ******* ****** ******* ******** Life expectance method ******* ************ *** ****** ************ ****** If *** ** ***** 705 ***** *** ****** **** *** **** access ** the ****** distribution ****** The ****** ******* are preferable to *** ****** ***** *** tax ** ****** **** * longer ****** ** time Short methods **** *** ******** ******* method create * large *** liability **** withdrawalSeveral measures ***** **** ********* *** amount ** contribution ***** to a retirement plan Roth ************* *** ********** ***** traditional *** ************* *** ******* the spouse Notably *** ****** ** ************ **** ** a ********** **** depends on *** amount ** income ** ********** ******** ******* ******* *** ******** ***** amount of contributions ******* combining their ******** *** contribution assessment * spouse **** ***** income ** ***** ** *** ******** ** *** ****** **** ****** income ** ****** **** **** make the ******* ************ possible Since there ** ** income ************ ***** ***** ******* **** ****** incomes can *** *** ********** spousal income ** extend their ****** ******* so * ** **** more ************* ********* contribution goals **** ** best ******** **** ******* ********** ***** ******* ** ********* *** ******* ************ ** *** ********** ******** understanding ** ******** ***** ***** ***** penalties *** taxes ** distributions *** approach ** to consider ****** * **** *** ***** *** ** ******** on distributions Roth **** are **** not taxed ** ****** **** grew in **** account Penalties are ****** **** ** ********** ***** *********** from any ******* **** **** *** ***** *** ***** Other ********* ***** for **** accounts **** *** ********** ** **** ****** five years ** *** ***** contribution Other retirement plans ***** *** *** ******** ** *********** Mandatory *********** are ******** *** ***** plans aside **** Roth when * person ** above *** ***** Failure to **** *** mandatory *********** ***** to *** tax ******* An ********** that *********** *** penalties and ***** ** **** ** ****** **** through *** ********* ** * **** that **** ***** ********* *** situation *** ******** **** **** *** ideal *** *********** that **** other ******* of ****** *** **** *** require ** **** withdrawals after reaching *** years ***** accounts will *** work *** **** ******* ***** **** will ** ****** ** **** ******** *********** ** ***** ********* *** *********