It’s IRA Season – Ensure Your Assets Are Optimally Invested
Contributing to a traditional IRA or a Roth IRA by April 18 (or April 19 for Maine and Massachusetts residents) is your opportunity to cut your 2021 income taxes with a traditional IRA or get tax-free growth with a Roth, assuming you’re eligible.
It’s also a great time to review how you are investing your IRA funds to see whether there are better options available. Revisit your asset allocation and consider rebalancing if you’re too concentrated in equities.
By expanding your horizons, you may craft an investment strategy that will give you better growth without exposing you to unacceptable risk.
I won’t cover. I’ll stick to my expertise — annuities — and cover why they can be a valuable addition to your IRA plan and asset allocation.
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