IRA Resources Inc Customer FAQ

Top Answers & How-to Guides

What is IRA Resources Inc's Phone Number?

The question we are asked most often is about how to talk to IRA Resources Inc customer service. Click here for contact information, email and chat options, getting a live person, wait times and more.

Can I take out a loan from my IRA with IRA Resources Inc?

No, you cannot take out a loan from your IRA with IRA Resources Inc. An Individual Retirement Account (IRA) is designed as a tax-advantaged...
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Definition

What is an IRA?

An IRA, or Individual Retirement Account, is a financial tool that allows individuals to save and invest for their retirement. It is...

Benefits

What are the benefits of opening an IRA?

Opening an IRA (Individual Retirement Account) offers numerous benefits for individuals planning for retirement. One major advantage Another benefit is the investment flexibility. Unlike employer-sponsored retirement plans, an IRA enables account holders to choose from a wide range of investment options, including stocks, bonds, mutual funds, real estate, and more. This flexibility allows for personalized investment strategies tailored to individual risk tolerance and financial goals. Furthermore, IRAs provide a level of control over retirement savings. Account holders have the power to decide where and how their money is invested, empowering them to actively manage and grow their funds. Lastly, an IRA offers the potential to accumulate substantial savings for retirement due to the ability to contribute up to specific annual limits. These benefits make an IRA a valuable financial tool for individuals seeking a reliable and tax-advantaged means of saving for retirement....

IRA Types

What types of IRAs does IRA Resources Inc offer?

IRA Resources Inc offers a variety of individual retirement account (IRA) options to cater to different needs. Some of the types of...

Contributions

What are the contribution limits for IRAs?

The contribution limits for IRAs vary depending on the type of IRA and an individual's age. For traditional and Roth IRAs, the contribution...

Transfers

Can I transfer my existing IRA to IRA Resources Inc?

Yes, you have the option to transfer your existing Individual Retirement Account (IRA) to IRA Resources Inc. Transferring an IRA is...

Investment Options

What investment options are available for IRAs with IRA Resources Inc?

IRA Resources Inc offers a wide range of investment options for IRAs. Clients have the flexibility to invest in traditional assets...

Fees

What fees are associated with opening and maintaining an IRA with IRA Resources Inc?

At IRA Resources Inc, we believe in offering transparent and competitive pricing to our clients. When opening an IRA with us, the fees...

Penalties

Are there any penalties for early withdrawals from an IRA?

Yes, there are penalties for early withdrawals from an Individual Retirement Account (IRA). If you withdraw funds from a traditional...

Roth Conversion

What is a Roth IRA conversion and how does it work?

A Roth IRA conversion is a process where funds from a Traditional IRA or a pre-tax retirement account are moved into a Roth IRA. This...

Loan

Can I take out a loan from my IRA with IRA Resources Inc?

No, you cannot take out a loan from your IRA with IRA Resources Inc. An Individual Retirement Account (IRA) is designed as a tax-advantaged...

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