Taxes

• Roth IRA
  Roth IRAs allow only nondeductible contributions. Withdrawals on your out-of-pocket contributions are always tax-free. However, withdrawals on your earnings are only penalty and tax-free after a five-year holding period and attaining age 59.5. You are eligible to contribute to a Roth IRA if you or your spouse has earned income and if your modified adjusted gross income (MAGI) has not exceeded certain limits. A Roth IRA allows you to continue making contributions after age 70.5.

Investment

• Mutual Funds
  Investments that are not bank deposits – mutual funds, stocks, bonds, life insurance and annuities – are not covered under FDIC insurance. This is true even if they were purchased through an FDIC insured institution.
• Bonds

Planning

• Financial Planning
  This content is for informational purposes only, and is not, and must not be considered tax, investment, legal, accounting or financial planning advice, nor a recommendation as to a specific course of action. Investors should consult all available information, including fund prospectuses, and consult with appropriate tax, investment, accounting, legal, and accounting professionals, as appropriate, before making any investment or utilizing any financial planning strategy.
• Annuities
• Living Trusts
  All personal and business checking, savings and money market accounts are covered by FDIC insurance. Individual Retirement Accounts (IRAs) and Living Trusts are also insured by FDIC.