All IRAs are not the same. Depending on the IRA provider you choose, your investment options may be limited and your beneficiaries may not be able to maintain the tax deferral status of an inherited account.
If you have recently changed jobs or retired, you should consider rolling your retirement savings to an IRA with Morgan Keegan. The IRA rollover is of particular interest to the Baby Boomer generation. There are approximately 77 million baby boomers (born between 1946 and 1964) approaching retirement. Unlike past retirees, this group will be healthier, live longer, and will settle in a retirement full of activity, travel and work. Morgan Keegan can help you meet your retirement needs and still maintain financial stability.
With a Morgan Keegan self-directed IRA, you'll have the flexibility to decide where your retirement funds are invested. Your investment options include a wide variety of mutual funds, CDs, bonds and stocks. Your Morgan Keegan financial advisor is there to help determine which investments are best suited to meet your retirement goals. We offer expertise in all types of IRAs including: Traditional, Roth and Educational IRAs.
If you already have an IRA, take a moment to review the questions below. If your IRA provider says “no” to any of these important IRA issues, then it is time to talk to Morgan Keegan about our self-directed IRAs.
The Morgan Keegan IRA
- Do you allow the life expectancy payout method for distributions to my designated beneficiary after my death?
- Will you keep the IRA in my name after death, payable to my named beneficiary?
- If my beneficiary is taking life expectancy distributions and dies before withdrawing all the money, will you allow him to name a beneficiary on the account?
- Will you allow my beneficiaries to divide the account into separate accounts so each heir can control his or her own investments and distribution choices?
- Will you allow my designated beneficiary to transfer this IRA to a different IRA custodian?
- Will you maintain a record of my beneficiary designation form and election method for determining distribution options?
- Do you recognize trusts as designated beneficiaries?
- Will you work with my tax advisor in developing an appropriate distribution method?
- Do you offer comprehensive financial and estate planning addressing my IRA, other assets and goals on a no-fee basis?
- Will you accept direction from an individual operating as my power of attorney?
All investment products including mutual funds involve risk. Principal value and investment return will fluctuate, so an investor's shares/units when redeemed may be worth more or less than the original amount. A complete explanation of risks, charges and expenses may be found in theprospectus. Investors should carefully read and understand the information contained in the prospectus before investingor sending money.
