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Jake Monotya Insurance offers a full line of finacial assitance with IRA's Roth IRA's, 401K's and 403B's.
Individual Retirement Account - IRA
Here at Jacob Montoya Insurance we see IRA's as an investing tool to help individuals earn and earmark funds for retirement savings. There are several types of IRAs: Traditional IRAs, Roth IRAs, SIMPLE IRAs and SEP IRAs.
Traditional and Roth IRAs are established by individual taxpayers, who are allowed to contribute 100% of compensation (self-employment income for sole proprietors and partners) up to a set maximum dollar amount. Contributions to the Traditional IRA may be tax deductible depending on the taxpayer's income, tax filing status and coverage by an employer-sponsored retirement plan. Roth IRA contributions are not tax-deductible.Read More