IRA Investing

What is an IRA?

An individual retirement arrangement, or IRA, is a personal savings plan which allows you to set aside money for retirement, while offering you tax advantages. You may be able to deduct some or all of your contributions to your IRA. Amounts in your IRA, including earnings, generally are not taxed until distributed to you. IRA's cannot be owned jointly. However, any amounts remaining in your
IRA upon your death can be paid to your beneficiary or beneficiaries.

Types of IRA Accounts

Traditional IRA   is the most common type of Individual Retirement Arrangement and is any IRA that is not a Roth IRA or SIMPLE IRA. Traditional IRAs are also known as an ordinary or regular IRA.

Roth IRA is an individual retirement plan, either as an account or an annuity that, unlike a traditional IRA, you cannot deduct contributions. But, if you satisfy the requirements, qualified distributions (discussed later) are tax free. Contributions can be made to your Roth IRA after you reach age 70 and a half, and you can leave amounts in your Roth IRA as long as you live. A Roth IRA, the account or annuity must be designated as a Roth IRA when it is set up. A deemed IRA can be a Roth IRA, but neither a SEP-IRA nor a SIMPLE IRA can be designated as a Roth IRA.

SIMPLE IRA is an IRA-based plan that gives small employers a simplified method to make contributions toward their employees’ retirement and their own retirement. Under a SIMPLE IRA plan, employees may choose to make salary reduction contributions and the employer makes matching or non-elective contributions. All contributions are made directly to an Individual Retirement Account or Individual Retirement Annuity (IRA) set up for each employee (a SIMPLE IRA). SIMPLE IRA plans are maintained on a calendar basis. Note: Not all SIMPLE IRAs can be invested into the Forex or Foreign Exchange Market depending upon how the employer has setup the administrative aspects of the IRA.

What is a FOREX IRA?

Forex IRA can be either a Traditional IRA or Roth IRA that has investment exposure, either in whole or in part, to the Forex or Foreign Exchange market. When it comes to investment management, we keep hearing the words, DIVERSIFY, DIVERSIFY and DIVERSIFY!! What a better way to diversify than from benefiting from a global economy rather than your investment’s potential return being pegged to a single country’s economy, like many New York Stock Exchange (NYSE) investors. Not to mention the superior liquidity that the Forex market provides than many other investment vehicles.

(Note: one week trading volume in the Foreign Exchange Market is equal to ALL of 2003’s reported trading volume for the NYSE)

The Foreign Exchange market also provides a Low Cost ( NO Front or Back Loaded Fees ) alternative approach with the freedom to Access your Money ( No Lock in periods or penalties for early withdrawal ). Trading Intl’s Managed Funds are suitable for both Roth IRA and Traditional IRA accounts and annuities. Learn why investing in the Forex Market through an IRA may be a great investment diversification resource.