What type of trusts should select the Regulated Retirement Trust option in the application?

Open trust account Although we do not offer a 401(k) account application, we offer an alternative through the Trust application. By selecting Regulated Retirement Trust for the type of trust on the application, the 1099 form will be suppressed…

Yes, it is possible to consider a rollover of funds from your retirement plan directly into a Roth IRA. Any amount rolled over is subject to the same rules for converting a traditional IRA into a Roth IRA. Also, the rollover contribution must meet the rollover requirements that apply to the specific type of retirement plan…

Employers can only offer a SIMPLE plan if they do not have any other employer sponsored retirement plans.   SIMPLE IRA accounts can only be opened under a Professional Registered Financial Advisor account with an existing account at Interactive Brokers.  The employer must complete an Employee Plan Administrator (EPA) account application.  In addition to many of the standard account opening documents, applicants will also need to provide IRS Form 5305 where they select a single financial institution ("Interactive Brokers") for all plan accounts…

A third-party plan administrator (TPA) handles tax reporting in a Regulated Retirement Trust…