IRA Plans

From what i know it ended a while ago, but there is still dirty british rule in northern ireland, and till this day there is still a well respected IRA but more commonly call PIRA, the "provo"IRA. Not to sure the meaning of that. But the war ended but the IRA still fights. And now with a recession I am sure they we begin to fight again, recession does that to people. And i hope they do start again.

Yes, but combined contribution limits apply. For 2008 the maximum contribution amount is $5,000 for individuals under 50 years of age and $6,000 for those over 50. If you are under 50 and contribute $2,000 to your Roth IRA then you can only contribute $3,000 to your Traditional IRA.

For a traditional IRA, you no longer can contribute after the age of 70 1/2 (RMD checks in). For Roth, you can contribute forever since no RMD are taken from this type of IRA account.

The IRA has disbanded, so you can't join now. It was illegal to join. To do so you would have had to know somebody in it. It was secretive, so they would have had special ways to ensure you were suitable to join. They would not just take anyone.

You could take money out of your IRA at any time (well, maybe, it depends on the exact form of the IRA, so you might want to talk with a tax professional and/or investment counselor first), but if you do so before retirement there are penalties (in the form of extra taxes) for doing so. If you're getting regular payments from your IRA, that implies you're "retired", thus not actually looking for work and therefore ineligible for unemployment compensation.

Currently it is $5000 for under 50 and $6000 if over.

You can contribute to an IRA if you are not yet 70 1/2 and have some source of W-2 / 1099 self employment income. Social security payments are NOT considered income that can be used to contribute to an IRA.

Normally, you must start receiving amounts from your IRA by April 1 of the year after the year in which you reach age 70 1/2. But for 2009 there's a temporary waiver of required minimum payments from your IRA.

To determine your future required minimum payments, see Table II (Joint Life and Last Survivor Expectancy) or Table III (Uniform Lifetime), whichever applies, in Publication 590 (Individual Retirement Arrangements IRAs), at www.irs.gov/formspubs.

In Illinois, yes, even if the child support obligor transfers his IRA into a new spouse's name. See Takata v Hafley at http://www.state.il.us/court/Opinions/AppellateCourt/2008/3rdDistrict/June/3070175.pdf

yes, up to $100,000

Besides the taxes you will have to pay on the lump sum distribution, there is a 10 percent penalty if you are younger than 59-1/2 years of age.

The IRA is usually treated seperately from the total Estate if there is no Power of Attorney on the documents so it's highly unlikely that the executor would get a percentage unless the heirs agree to it. * No. In the US, the executor or administrator of an estate is only entitled to the percentage allowed by the laws of the state probate court.

You can either contact your employer or visit the regional pf office in your area and request them to search for your account by providing your details like name, date of birth, employer info etc

this is a single-named account where the person whose name appears on the passbook has the sole right to withdraw funds.

An IRA requires a named beneficiary. If there are no beneficiaries named, it will be a part of the estate.

no

You can, but it will likely be reviewed and reversed by the court as being preferntial and in anticpation of bankrutpcy.

The IRB (Irish Republican Brotherhood) was founded during the late 19th Century. After the failed rebellion against British rule in Easter 1916 the IRB changed it's name to the IRA and began to fight against the British in Ireland.

Yes the taxable amount of the distribution is not EXEMPT from the 10% early withdrawal penalty on or after the death of the spouse.

The taxable amount of the distribution will be added to all of your other gross worldwide income and taxed at your marginal tax rate.

Yes, you can withdraw funds from your IRA while receiving unemployment benefits in North Carolina. However, the money withdrawn may be considered income, potentially affecting your eligibility for benefits or the amount you receive. It's important to report any withdrawals to the unemployment office to avoid issues. Always consult with a financial advisor or unemployment office for specific guidance based on your situation.

Is teacher retirement a traditional ira?

Mulitfaith. What I mean is anyone of any religious faith can join as long as you believe in a United Ireland and a socialist 32 county republic, independent of British rule in any shape or form. However most of the IRA's (including the Irish Republican Army, Provisional IRA, Continuity IRA, Real IRA) members are/were Roman Catholics.

Depend on how the contributiom are coded in the simple...if they as coded as simple contribution then you can. However, if they are coded as regular contribution then you have used up your contribution limit for the traditional.