Do You Understand Required Minimum Distributions? (RMDs)

You’ve heard the word required minimum distribution before; however, you may not know exactly why it is so important and how it affects your retirement account. We’d like to shine some light on this! Read our educational article, “How Do I…Understand RMDs?”, breaking down all you need to know about your RMD. Read our article … More Do You Understand Required Minimum Distributions? (RMDs)

Provident Wins 2015 America’s Best IRA Custodian

More than $146 billion in U.S. retirement assets have flowed into self-directed IRAs over the years, and if the financial professionals who read the Trust Advisor are any guide, the gatekeepers favor Provident Trust Group as the preferred custodian for all that money. A reader survey conducted earlier this year revealed that only 10 independent … More Provident Wins 2015 America’s Best IRA Custodian

2015 Reporting Requirements for IRAs

Beginning in 2015, the IRS is requiring additional mandatory reporting of values within IRAs and Roth IRAs. The assets that will be requiring additional reporting are the hard-to-value assets, or assets without a readily available fair market value (FMV). These new reporting requirements indicate that the IRS is looking more closely at IRAs that hold … More 2015 Reporting Requirements for IRAs

Five Surprises Of Retirement Income Planning

As Americans grow older they are faced with many decisions. Retirement income planning is one of them. Preparation for the future is important when you are deciding on whether or not you can pay the bills. Americans may not have enough or the right information when they are faced with these critical decisions. Source: David … More Five Surprises Of Retirement Income Planning