An individual retirement arrangement (IRA) is the blanket term for a form of retirement plan that provides tax advantages for retirement savings in the United States. The term encompasses an individual retirement account — a trust or custodial account set up for the exclusive benefit of taxpayers or their beneficiaries — and an individual retirement annuity, by which the taxpayers purchase an annuity contract or an endowment contract from a life insurance company.

 

Annuities

Annuities can be a great way to make your money work, but many people may not understand the risks, rewards, or the workings of their annuities.

Benefits of Transferring Your IRA

Simplified IRA Management: It’s easier to track your progress and make more informed investment decisions when your retirement savings are visible all in one place.

How To Transfer Your IRA

Make sure it’s the same type of IRA you currently have, for example a Roth or Traditional IRA. Call QCI at 1-800-895-4918 to speak with an IRA specialist to help guide you with the process free of charge.

IRA Rollover Advisors

For help with your Rollover IRA Call us at 1-800-895-4918 to speak with an IRA specialist to begin the process free of charge. Learn the 5 Steps to Transferring Your IRA.

Roth IRA

The Roth IRA is an excellent supplement to an individual’s retirement nest egg. It accrues earnings on a tax-deferred basis, but these earnings amounts are tax free if certain requirements are met. For Roth IRAs, contributions are not tax deductible but qualified distributions are tax free.

Traditional IRA

A Traditional IRA is an excellent supplement to an individual’s retirement income. Making contributions is discretionary, so individuals can choose when they want to fund their Traditional IRA.

Contributions to a Traditional IRA may be tax deductible, and the earnings grow on a tax-deferred basis.