Serving the AFL-CIO since 1993

IRA Rollover

IRA ROLLOVER

Retirement accounts through your union or employer are IRS qualified tax differed plans code 401A, 401K, 403B, 457 or supplemental pension. Once you retire or leave your job these plans are transferred tax free or rolled over into an Individual Retirement Account (IRA) with a new custodian. Union Legal Trust and Retirement Associates clients plans are rolled tax free to contracts that have GUARANTEE OF PRINCIPLE AND INTEREST and protected from stock market volatility. Union Legal utilizes only top rated companies to secure your retirement funds and can provide you and your family with GUARANTEED INCOME FOR YOUR RETIREMENT.  ROLL YOUR IRA TODAY AND UNION LEGAL WILL PREPARE YOUR LIVING TRUST FOR FREE.

STRETCH IRA / LEAVE A LEGACY OF INCOME FOR YOUR CHILDREN AND GRANDCHILDREN

All of the money that you have accumulated in your IRA has never been taxed which has allowed it to grow faster than a taxable account. Now the IRS is going to want to be paid its share when you take distributions from the account as early as age 59 1/2 and no later than 70 1/2. If you do not need your IRA for daily living and wish to leave those funds to your beneficiaries, a Stretch IRA can offset the impact of tax costs over several generations. This relatively simple plan increases the amount you pass on to your beneficiaries by stretching the bulk of the distributions over their lifetime delaying the payment of taxes to the IRS. Since your money continues to grow tax differed the benefit to the heirs can be 5 to 10 times greater than if you take all the distributions yourself. Union Legal will provide you with a free illustration using your IRA with your children and grandchildren as beneficiaries.