TRADITIONAL IRA
TRADITIONAL IRA IS CONSIDERED A ___ ____ ____
PRE TAX CONTRIBUTION
A ROTH IRA IS CONSIDERED A ____ _____ _____
POST TAX CONTRIBUTION
WHAT DOES ESA STAND FOR?
EDUATION SAVINGS ACCOUNT
WHAT DOES IT MEAN WHEN A MEMBER DEPOSITS INTO AN IRA?
WHAT PRODUCTS DO WE OFFER AT G1 FOR IRAS?
TRADITIONAL, ROTH, COVERDELL ESA
WHAT IS THE MAX CONTRIBUTION LIMIT FOR TRADITIONAL IRAS? (UNDER AGE 50)
2025: $7,000
2026: $7,500
WHAT IS THE MAX CONTRIBUTION LIMIT FOR ROTH IRAS? (UNDER AGE 50)
2025: $7000
2026: $7500
WHATS THE ANNUAL CONTRIBUTION LIMIT?
$2000 PER CHILD
WHAT DOES A RMD STAND FOR?
REQUIRED MINIMUM DISTRIBUTIONS
WHATS SUFFIXS ARE IRAS UNDER?
S5, S50, S51, S52 AND CD'S
WHAT IS THE MAX CONTRIBUTION LIMIT FOR TRADITONAL IRAS? (OVER AGE 50)
2025: $8000
2026 $ 8600
WHAT IS THE MAX CONTRIBUTION LIMIT FOR ROTH IRAS? (OVER AGE 50)
2025 : $8000
2026: $8600
IF I HAD 5 CHILDREN HOW MUCH CAN I CONTRIUTE TO A COVERDELL ESA?
$10,000
AT WHAT AGE IS AN RMD REQUIRED?
73 YEARS OF AGE
WHO CAN OPEN AN IRA?
ANYONE WITH TAXABLE INCOME
A TRADITIONAL IRA IS USUALLY TAILORED TO ____?
LATER LIFE SAVERS
A ROTH IRA IS USUALLY TAILORED TO ____?
YOUNG SAVERS
A COVERDELL ESA IS USUALLY TAILORED TO ____?
EDUCATIONAL SAVERS
WHAT SYSTEM DO WE USE TO ROLL OVER A MATURED IRA CERTIFICATE?
G1 SERVICE HUB
WHAT IS THE MINIMUM OPENING DEPOSIT REQUIREMENT?
S5 $25/ 12 MONTH CERTIFICATE $500 FOR ALL OTHER CERTIFICATES