How A Janguard IRA Transfer Can Impact Your Wealth & Help You Secure Your Independence

There are many reasons to consider an IRA transfer. Maybe you like your broker but he or she just seems to have a knack for picking losers. Maybe the fees your current IRA custodian charges are too high for your taste. Maybe the investment you really want isn’t available through your current provider. Maybe your account has been vastly under performing the market or is too volatile for your liking. Either way, you’re looking to transfer your IRA and you need to know how your next retirement account custodian will help you achieve your goals now and into retirement.

Janguard, Inc. bases its investing philosophies on conservative principles. We believe that the $18 trillion national debt is not going to solve itself. We look at quantitative easing, low interest rates and bond-buying programs like “Operation Twist” as Machiavellian measures by a government that is quickly running out of ideas.

Janguard IRA TransferThe recent invention of the MyRA Plan by President Obama could be the first step toward IRA nationalization, according to some. Do you want the government to force you to invest in Treasury bonds or other investments deemed “safe” by the government? Of course not. That’s why it is imperative to secure your independence with a self-directed IRA investing in assets that maintain and even grow in value despite tumultuous financial markets caused by a weak U.S. dollar. Janguard has devised strategies that can help you save and make money in any economic environment, and we want to teach you how to use the world’s economic cycles to protect and grow your retirement account wealth.

If you would like more information on how a Janguard IRA transfer could help you save more money to spend during retirement and/or to pass on to your loved ones, visit www.IRATransfer.com today and request your copy of our new special report, Profit from Rising Interest Rates in 2015, absolutely free-of-charge. Alternatively, call a non-commissioned Janguard IRA transfer adviser toll-free at 800.571.6341 and ask about securing your independence with our proven strategies for IRA growth. You’ve earned your retirement and it should be spent doing what you love surrounded by those closest to you. Call Janguard today for your no-obligation IRA transfer consultation, and discover how easy it is to secure your independence from rising deficits and a falling dollar with Janguard.

What is the difference between an IRA and an annuity?

Individual Retirement Accounts (IRAs) and annuities are similar in some ways. Both investments allow you to grow your money on a tax-deferred basis, and you can even invest in an annuity within an IRA. There are significant differences between IRAs and annuities, however, and it pays to know the facts about both.

Investments

Money stored within IRAs can be used to buy a variety of investments, including:

  • Stocksinvestments
  • Bonds
  • CDs
  • Real Estate
  • Precious Metals
  • Annuities

In contrast, annuities are life insurance policies designed to provide you with income for an extended period of time. This income stream begins almost immediately if you own an immediate annuity, while deferred annuities provide income for you beginning at a certain point in the distant future. Deferred annuities may hold things like mutual funds or CDs, and some annuities may also allow for death benefits.

Contribution Limits

IRAs are subject to annual contribution limits ($5,500 in 2015, plus $500 more if you are over age 50). In the case of Roth IRA plans, there are also annual income limits ($191,000 in 2015).

Annuities are not subject to either contribution limits or income restrictions. However, if you hold an annuity in your IRA the IRA rules will apply.

Withdrawals

Withdraws from Traditional IRAs are fully taxable, and withdrawals from Roth IRAs were taxed on the front end. Additionally, you usually have to pay a 10% penalty on IRA withdrawals made before you turn 59 ½ years of age.

If you withdraw money from an annuity before turning 59 ½ you will have to pay the 10% penalty. However, for non-qualified annuities (those not attached to IRAs) you only have to pay taxes on your earnings – not the entire withdrawal amount.

Protectioncash protection

IRA funds invested in a CD or money market account are covered by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000. If your IRA is working with individual stocks or mutual funds, you are usually covered by the Securities Investor Protection Corporation (SIPC) for up to $500,000 in most cases. If you invest in precious metals or other IRA-allowable assets, there is usually an insurer to protect you in the event of theft or mismanagement. It is always advisable to confirm your coverage with your IRA broker.

Annuities, on the other hand, are not federally insured by the FDIC or SIPC. While your state may insure your annuity, insurance is not guaranteed and the level of coverage varies from state to state.

Conclusion

While annuities and IRAs are often used to accomplish the same purposes, these two methods of saving money work towards their purposes in very different ways. Each type of account has advantages and disadvantages, and this comparison of IRAs vs. annuities should not be viewed as exhaustive. If you would like more information on IRAs and annuities, or if you feel trapped by having an annuity inside your IRA and want to make changes, call Janguard today at 800.571.6341.

10 Best IRA Investment Options 2015 from IRATransfer.com

Find top ten ways to invest your Individual Retirement Account savings. The best IRA investment options for one person may not be good IRA investment options for another investor. Successful IRA investing involves knowing economic cycles and having good timing, so there is never any “one size fits all” investment from which everyone can benefit.

IRA Investment Options

Janguard Shares 6 Reasons to Choose Self-Directed IRA Over 401(k) Plan

Each year, more than 250,000 Americans turn 65. Growing awareness about safe & profitable retirement options are making Americans convert their retirement accounts to self-directed IRAs. This shift is being hailed as the largest redistribution of wealth in the U.S. history.

self directed ira

Janguard is here to help almost 40 million American senior citizens living in the United States make an informed decision about self-directed IRA. Check out these 6 reasons why you should consider converting your inactive 401(k) and 403(b) plans to self-directed IRAs:

1. A Boston College study recently found that working-age Americans are $6.6 trillion short of what they need to retire comfortably.

2. The U.S. Census Bureau has reported that 1 out of every 6 senior citizens in the United States is currently living below the poverty line.

3. In the last 20 years, the number of Americans between the ages of 65 and 74 that have filed for bankruptcy has increased 178%.

4. A study by the Society of Actuaries found that 74% of Americans expect to continue working even after they “retire.”

5. CESI Debt Solutions has reported that an astonishing 56% of Americans are still in debt when they retire.

6. Americans for Secure Retirement says that the number of Americans who “are worried about maintaining a comfortable standard of living in retirement” has jumped 21% since 2010.

Yes, the amount of Americans nearing and already in retirement who cannot support themselves is disturbing, and the current administration’s response to the retiree crisis in the United States makes this situation even more troubling for responsible savers. Secure your independence from a possible redistribution of wealth today by converting your retirement accounts into a self-directed IRA with Janguard, and ask about receiving $100 off your first-year account fees. You’ve earned your retirement, so call Janguard at 800.571.6341 today and let one of our non-commissioned IRA transfer advisers go to work for you.

5 Simple Steps to Convert Your Old 401(k) to a Roth IRA

Financial advisers often recommend that investors with old 401(k) plans from previous employers convert those accounts into self-directed IRAs. More often than not, though, the account in question gets rolled over into a Traditional IRA. While there is nothing inherently wrong with a Traditional IRA, some investors may be better off rolling into a Roth IRA.

ira-transfer-options-300x225

A Roth IRA is very similar to a Traditional IRA except that contributions to a Roth IRA are taxed,whereas withdrawals from a Traditional IRA are taxed. The Pension Protection Act of 2006 made it legal to add non-Roth money to a Roth IRA. Before that law was passed, investors were forced to transfer funds into a Traditional IRA and then convert that account into a Roth IRA. The process is now much more straightforward, so if you expect to fall into a higher tax bracket during retirement, either because of income levels or higher government taxation, then a Roth IRA conversion might be for you.

How can you convert your old 401(k) to a Roth IRA? We’ve broken the process down into 5 simple, easy-to-understand steps that any investor can follow. By the way, these same steps also apply for converting your old 403(b) or 457 plan into a Roth IRA.

Ensure Your Eligibility

There are some limits to 401(k) to Roth IRA conversions. Your modified gross income cannot exceed $100,000, regardless of whether you file a single or joint return. Any money that you put into the Roth that would otherwise be taxable must be included as income during the year in which you convert. If you have after-tax funds in your old 401(k), the conversion of those assets to a Roth IRA will not subject to the prorata rule, which has to do with personal income taxes. The best way to determine your 401(k) to Roth IRA eligibility is to speak with a qualified tax professional or CPA. Janguard does not offer tax advice.

If you are eligible, then you need to make sure than a Roth IRA conversion is a good idea for you. Unless you are already close to retirement, you won’t want to take any distributions from your Roth IRA for some time because such withdrawals equate to a 10% IRS penalty if you do so within five years of the conversion or if you’re younger than age 59 ½.

401k Roth IRA

Choose a Roth IRA Custodian & Open an Account

There are dozens, if not hundreds, of retirement account custodians out there. A few of the factors you may want to consider when shopping for your Roth IRA provider include:

● Annual Account Fees

● Account Termination Fee

● Transaction Fees

● Investments Offered

● Customer Service Reputation

● Location

If you would like help selecting a Roth IRA custodian, feel free to call a non-commissioned Janguard IRA transfer adviser at 800.571.6341 for impartial advice that could save you time and money.

Transfer Funds from 401(k) to Roth IRA Account

Moving the money from your old 401(k)’s administrator into your new (or existing) Roth IRA is supposed to be simple, but sometimes the company giving up the money drags their feet. To prevent this, let them know ahead of time to prepare for a complete transfer and that you are closing your account. Instruct them to sell your investments and put them into a cash account, and ask if they have any special forms for you to fill out. Also, make sure you complete your old plan administrator’s information exactly as it appears on your current account statement.Otherwise, your Roth IRA transfer could be delayed by weeks or even months.

It should be noted that there are two ways to move your funds from one account to another. If you execute a 60-day rollover you will be subject to a 20% withholding, but direct rollovers are not subject to that rule.

Choose Your Investments

Roth IRA plans offer much more flexibility in the way of investment options than do 401(k) accounts. You can invest in traditional markets, such as:

● Stocks

● Corporate Bonds

● Treasuries

● CDs and money markets

You can also invest in alternative assets, including:

● Real Estate

● LLCs

● Rare Coins

● Gold and Silver Bullion

It may be helpful to speak with a qualified Roth IRA adviser about your financial and life goals, as each of the aforementioned investments has its own pros and cons. What works for someone else may not work for you, so choose your investments carefully; they are your future.

Track Your Roth IRA’s ProgressIRA progress

In many cases, it is not wise to constantly tweak your investments because of transaction fees. However, most custodians send clients quarterly account statements. These statements show you which investments are performing well, which investments are flat, and which investments you might want to consider shedding.

You also might want to alter your investments when your goals change. In any case, it might be a good idea to speak with a financial adviser when considering making changes to your Roth IRA, as some transactions involve extra paperwork at tax time.

Conclusion

The Pension Protection Act changed the way many retirement accounts operate. As we all know, the Internal Revenue Service (IRS) is constantly changing the rules, so any time you are making adjustments to your retirement accounts it is a good idea to check with a tax professional and ensure that you are in compliance. If rolling over your inactive 401(k) into a Roth IRA sounds like it could be profitable for you, call Janguard today at 800.571.6341 and discover how easy it is to secure your independence with a self-directed Janguard Roth IRA transfer.