Your IRA could already be fully distributed.

The rules regarding IRA's are very strict. Under the code just one tiny misstep can cause an IRA to be FULLY distributed and subject to taxes.

The challenge is, due to the complexity of the code, few people really understand all the missteps that can cause a fully taxable distribution.
If a financial advisor manages a family members IRA...
Opening up the wrong brokerage account...

One source estimates 20% of IRAs have been inadvertently distributed. Just imagine the disastrous results. The IRA is fully distributed and subject to immediate taxes. But that is just the beginning. What about future earnings? What about rollovers being considered excess contributions? Roth now becomes a taxable timebomb.

To find out if your IRA is or has been affected by these draconian measures, contact our offices @ 805-376-8070

We guarantee we will open your eyes to a number of major problems you face with your IRAs.

About The Tax Academy

The Tax Academy is a consortium of tax professionals whose purpose is to educate individuals and other professionals about the many benefits contained in the tax code. In our perspective, the tax code is a little understood puzzle that provides countless advantages to Americans if correctly deciphered and utilized. Our exhaustive research and experience has resulted in dozens of highly effective and proven strategies to minimize taxes and maximize profits while providing asset protection.

In particular, we advise clients on how to fully utilize tax exempt entities such as IRAs, SEPs, and pension plans, so as to give them check book control over their retirement plans, including iras. No longer do they have to beg and plead with a faceless voice over a phone to make the investments they want. Now individuals can invest their IRA funds directly in assets such as real estate, tax liens, deeds of trust, and in certain circumstances a family members education.