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  2. Custodial account - Wikipedia

    en.wikipedia.org/wiki/Custodial_Account

    The treatment of a brokerage account based IRA as a trust for tax purposes is largely a legal fiction. If Article 8 is set aside and the brokerage account is considered purely under principles of common law , there is a possibility of construing the collection of brokerage accounts in the intermediated custodial holding chain as a collection of ...

  3. Solo 401 (k) - Wikipedia

    en.wikipedia.org/wiki/Solo_401(k)

    Employer Profit sharing contributions would be reported on IRS Form 1040, Schedule C for a self-employed individual (and on the corporate tax return for an employer corporation). Form 1099-R - Form 1099-R needs to be filed when a distribution is taken from the Solo 401(k), or when an In-Plan Roth conversion is performed. The reported ...

  4. Individual retirement account - Wikipedia

    en.wikipedia.org/wiki/Individual_retirement_account

    An individual retirement account [1] (IRA) in the United States is a form of pension [2] provided by many financial institutions that provides tax advantages for retirement savings. It is a trust that holds investment assets purchased with a taxpayer's earned income for the taxpayer's eventual benefit in old age.

  5. Saving vs. investing: Which strategy works best for growing ...

    www.aol.com/finance/saving-vs-investing...

    Unlike brokerage accounts and traditional 401(k) and IRAs, your money grows tax-free in a Roth IRA account, meaning that you won’t owe any taxes when you withdraw funds in retirement. For tax ...

  6. Individual or Joint Brokerage Accounts: Just How ... - AOL

    www.aol.com/finance/individual-vs-joint...

    With an individual brokerage account, you're the only person with any rights to the portfolio. … Continue reading → The post Individual vs. Joint Brokerage Accounts appeared first on ...

  7. How to open a brokerage account: Step-by-step instructions - AOL

    www.aol.com/finance/open-brokerage-account-step...

    Who should open a brokerage account. Brokerage accounts allow you to invest in securities like stocks and bonds beyond what you might be doing through retirement savings plans such as 401(k)s or ...

  8. Self-directed IRA - Wikipedia

    en.wikipedia.org/wiki/Self-directed_IRA

    A self-directed individual retirement account is an individual retirement account (IRA) which allows alternative investments for retirement savings. Some examples of these alternative investments are real estate, private mortgages, private company stock, oil and gas limited partnerships, precious metals, digital assets, horses and livestock, and intellectual property. [1]

  9. 5 ways to use your brokerage like a savings account - AOL

    www.aol.com/finance/5-ways-brokerage-savings...

    Brokerages usually offer several types of accounts, such as taxable brokerage accounts, retirement accounts and trust accounts. These accounts can be used for a variety of purposes, including ...

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