Overview of Various Types of IRAs Available

Articles, Business, Pension Plans, Personal/Individual Taxes, Retirement

Overview of Various Types of IRAs Available At one time, there was relatively little confusion about IRAs because there was only one type available. Now, however, IRAs have proliferated-there’s the “traditional” IRA, which may be funded with deductible and/or nondeductible contributions, Roth IRA, SEP-IRA, and SIMPLE IRA. Some of these IRAs have similar features, but…

Tax Considerations for Same Sex Spouses, Domestic Partners, and Partners in Civil Unions.

Articles, Personal/Individual Taxes, Tax Articles

The following are various tax considerations that arise for unmarried individuals who live together as registered domestic partners or partners in civil unions under state law. These partners may be of the same sex or, in some states, of opposite sexes. Individuals in these relationships have many of the same rights and responsibilities as married…