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An IRA has designated beneficiaries.
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∙ 10y ago
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Can an IRA be levied for back child support in MA?
yes
Can your IRA get levied upon if your car is repossessed?
Not at that stage of the process. Once the car is repossessed, it will be sold at auction for whatever amount it goes for. Usually very little. Then the creditor will apply that amount less fees (usually exhorbitant) to the amount owed and sue you for the balance. If the creditor gets a judgment for the difference, then it can levy upon your IRA.
Are there fees associated with IRA rollover?
There are fees that come with IRA rollovers, there's the 60 day rule and the one year waiting rule. There are a lot of fees you want to avoid that can sneak up on you, if your not aware.
What has the author Ira Mark Bloom written?
Ira Mark Bloom has written: 'New power of attorney legislation for New York' -- subject(s): Power of attorney
Who was Joel steinberg's attorney?
Ira London and Adrian DiLuzio
Are fees on IRA funds tax deductible?
Certain IRA administrative fees, whether or not you're currently taking distributions, are deductible, but they have to be paid by the account owner's non-IRA funds. You're right that investment fees paid to produce taxable income are tax-deductible. These expenses are miscellaneous itemized deductions subject to an overall reduction of 2 percent of adjusted gross income. The key to deducting the IRA fees is to cut a check or use a credit card to pay the broker the annual maintenance fees. For example, if your broker charges you $150 for the IRA annually, you need to pay this to the broker from non-IRA assets for it to be deductible. The payment is not considered an additional contribution, but rather a miscellaneous itemized deduction. On the other hand, if your broker charges a 1 percent-of-asset-value fee to invest your IRA, these fees cannot be reimbursed to the IRA. That would be considered an additional contribution as it is not an administrative fee. Since your broker is deducting this from your IRA, this investment charge is not deductible to you as it is coming out of pretax dollars Read more: http://www.bankrate.com/finance/taxes/are-investment-fees-tax-deductible.aspx#ixzz2vrNsfdej Follow us: @Bankrate on Twitter | Bankrate on Facebook
Can a regular bank explain Roth IRA fees?
Most bank managers can explain what a Roth IRA fee entails you will have to book an appointment and some banks may charge you to see their bank manager. Alternatively you may check the website known as rothira for more information on Roth IRA fees.
Can the executrix of your parents estate collect her administrative fees plus a fee for an IRA that had named beneficiaries if the probating of the estate has not been concluded?
Certainly. Cost associated with the estate, including fees for maintaining IRAs and the executor's fees are charged against the estate and recorded. There is no requirement to wait until everything is finished to collect the fee.
What is the IRA against?
British rule in Ireland.
Do IRA rollover rules vary from institute to institute?
Yes they do in fact vary from institute to institute. Some have different requirements and fees in order to roll IRA over.
How do I avoid fees for rolling over my Roth IRA?
There are many companies that will help you roll over your ROTH IRA for no fee. Some of those companies are Fidelity Investments and Charles Schwab.
How many people in Northern Ireland are against the IRA?
There are over 1.8 million people in Northern Ireland. It would be impossible to put an exact number on it, but the vast majority of them are against the IRA.
