I would be best to contact Principal. Some firm you can view online or your would have to call to talk to someone on other firms.
Yes you can as long as the account at the bank is an alike IRA account...would be processed as a transferred or 60 day rollover (if done as dist. from IRA)
You can find IRA bank rates online at the Bankrate website. Once on the page, type "IRA rates" into the search field at the top of the page and press enter to bring up the information.
No, CD's are purchased in bank accounts (not brokerage) within Trad. or Roth IRA's
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.
There are several banks in California that offer IRA CDs. Some examples are: Bank of America, US Bank, Wells Fargo, Sterling Savings Bank and of course your local credit union.
Roth IRA calculator is sure the thing that helps you with this. You could access it online on some websites such as Bank Rate, Calculator and Roth IRA.
An attorney-in-fact under a Power of Attorney has complete access to the principal's assets including bank accounts.
When you transfer an IRA to an IRA there is not a penalty but if the IRA is in a certificate that has a maturity date the bank will charge a penalty if it is withdrawn before the maturity date. Every bank has different penalty amounts (usually 6-12 months interest)
Yes you can as long as the account at the bank is an alike IRA account...would be processed as a transferred or 60 day rollover (if done as dist. from IRA)
Rates vary significantly from bank to bank. According to BankRate.com, the highest rate available for a 36 month IRA CD is just a hair under 2.5% (Discover Bank and Ally Bank). The Interest Rate for an IRA varies depending on lenght. 36 month IRA CDs can have interest rates of 1.85% APR.
You can find IRA bank rates online at the Bankrate website. Once on the page, type "IRA rates" into the search field at the top of the page and press enter to bring up the information.
I do know that you can go to a local bank or your own bank and speak with there representative's about Roth IRA'S and basic IRA's. They can help you through everything of opening one, also you can do research about Roth IRA's online I found this website wich at the bottom you can click on how to open a Roth IRA, the website is www.yourrothiraguide.com/ I hope this help's and good luck with the IRA.
The bank should not take your money and send it to Indiana's unclaimed funds division on an active IRA. Send a letter to the bank requesting information on why this was done. It may be that there is a clause requiring them to turn the money over to the state if the IRA is inactive for a certain period of time.
No, CD's are purchased in bank accounts (not brokerage) within Trad. or Roth IRA's
No.
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.
There are several banks in California that offer IRA CDs. Some examples are: Bank of America, US Bank, Wells Fargo, Sterling Savings Bank and of course your local credit union.