IRA Funding
10 articles
How do I add funds to my IRA Trust?
All funding for your IRA Trust must flow through your IRA custodian: Step 1: Get funds into your IRA account at the custodian (IRA Resources) Step 2: Direct the custodian to invest those funds into your trust entity Three ways to add funds Funds can ...
How do I add funds to my IRA LLC?
All funding for your IRA LLC must flow through your IRA custodian: Step 1: Get funds into your IRA account at the custodian (IRA Resources) Step 2: Direct the custodian to invest those funds into your LLC entity Three ways to add funds Funds can ...
What is the difference between a rollover and a transfer?
Transfers and rollovers are different ways to move assets between different retirement plans. Understanding the differences matters because each method follows different rules for timing, frequency, and tax reporting. Using the wrong terminology with ...
How do I transfer an existing IRA?
An IRA transfer moves funds directly from your current custodian to IRA Resources without the money passing through your hands. There is no tax event, no withholding, and no deadline to manage. All transfers are initiated by IRA Resources as the ...
How do I roll over a 401(k) from a previous employer?
Once you've left an employer, your 401(k) balance is eligible to roll over to an IRA or another qualified plan. The process is straightforward, but the mechanics vary depending on how your previous plan administrator handles distributions. In almost ...
Can I roll over my current employer's 401(k)?
It depends on your age and how your plan is written. In most cases, rolling over an active employer plan while still employed is not permitted, but there are two situations where it may be possible. The general rule: no rollover while employed The ...
What is the 60-day rollover rule?
The 60-day rollover rule is the IRS requirement that funds distributed to you from a retirement account must be redeposited into a qualified retirement plan within 60 days to avoid taxation. If you miss the deadline, the full amount is treated as a ...
How do I make a contribution to my IRA?
Annual IRA contributions follow a two-step process: funds are deposited to your IRA account at IRA Resources first, then directed from the IRA into your LLC or trust checking account. Contributions must never be deposited directly into the LLC or ...
What is the deadline to make IRA contributions?
IRA contribution deadlines vary by plan type. Traditional and Roth IRAs share the same deadline; SEP and SIMPLE IRAs follow the employer's tax filing calendar. All dates listed are for the tax year in which the contribution applies. Traditional IRA ...
What are the current IRA contribution limits?
The following are IRA contribution limits for the 2026 tax year. Limits are adjusted periodically for inflation and published by the IRS each fall. This article is updated annually. Confirm the current tax year at the top of the page before relying ...