September 18, 2018

Protecting an IRA from Prohibited Transactions

There are several prohibited transactions you must avoid as an IRA owner.

A prohibited transaction occurs when an account owner uses IRA assets in a self-serving or self-dealing manner that improperly benefits him or her.

If a prohibited transaction occurs, it can result in massive taxation and penalties.

Learning more about what constitutes a prohibited transaction will help you avoid unintentionally engaging in one.

For more information, download “Protecting an IRA from Prohibited Transactions in 5 Easy Steps.”

To learn more about the rules surrounding your retirement account(s), contact our office at 703-466-0477.

Securities offered through Triad Advisors, LLC, Member FINRA/SIPC

Advisory Services offered through AMJ Financial Wealth Management LLC

AMJ Financial Wealth Management LLC is not affiliated with Triad Advisors LLC

Securities offered through Triad Advisors, LLC, Member. For more information, click a link below:
FINRASIPC 
Investment advisory services offered through AMJ Financial Wealth Management LLC

AMJ Financial Wealth Management LLC is not affiliated with Triad Advisors, LLC
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