The IRS sets limits on how much can be contributed in any given tax year toward traditional, Roth, and Simplified Employee Pension (SEP) IRAs. Did you know that maximizing your IRA contributions can also result in a more favorable asset determination when applying for a child’s college funding? ‘Tis true.
To learn more about the hows, whys and whens of IRA management, contact Lake Michigan Investment Services for a free analysis. Call us at (616 or 800) 242-9790
ext. 6301 or go online at lmcu.org/investments.