Jim Hitt wants everyone to maximize the tax advantaged status of their Self-Directed IRAs and other retirement accounts. There are only a few days left to make 2014 contributions.
Charlotte, NC (PRWEB) April 10, 2015
Jim Hitt wants everyone to maximize the tax advantaged status of their Self-Directed IRAs and other retirement accounts. There are only a few days left to make 2014 contributions. Individuals who are looking to both reduce their taxes due and build their retirement account should examine whether making 2014 contributions is a possibility for them.
To view the 2014 contribution limits, visit the American IRA webpage for account types: Traditional IRA, Roth IRA, Solo 401K, Health Savings Account, Coverdell Education Account, SEP, or SIMPLE.
Keep in mind the 70 1/2 year old IRS rule: Contributions cannot be made to an individual's Traditional IRA for the year in which they reach age 70½ or for any later year.
Also, the IRS says individuals can file their return claiming a Traditional IRA contribution before the contribution is actually made. Keep in mind, the contribution reported on their taxes must be made by the due date of their return, not including extensions.
About American IRA, LLC:
American IRA is committed to providing every client with gold-level service, regardless of account size. Experience their expertise through their certified IRA services professionals. Enjoy the value with one low annual fee of $285 with unlimited assets and unlimited account values. American IRA clients love the benefit of no charge for "All Cash" accounts. The performance of the American IRA staff is unmatched, with quick and efficient processing within 48 hours.
American IRA services thousands of clients and has over $300 million in assets under administration.
American IRA was built by investors for investors, and brings their successful investment experience to the table, providing excellent educational material showing the public that their self-directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.
American IRA is conveniently located in Asheville, NC and Charlotte, NC, and serves clients nationwide.