IRA Cross Word Puzzle

3. At the age 59 1/2 you can do this from your IRA with no penalty.
7. IRA IRA funds grow tax free and the members pay taxes on distributions.
9. who signs as the authorized trustee or custodian on the paperwork for retirement central?
10. At 70 1/2 you are required to take this.
11. if the member is 50+ they can contribute an additional 1,000 to the maximum limit. this is called ( ) contribution.

1. IRA Contributions can be withdrawn out of this IRA tax and penalty free at anytime. Member must have reached age of 59 1/2.
2. Funds moved from a qualified retirement plan to an IRA or withdrawn from a re-deposited to the same IRA.
4. funds moved from an IRA(of the same kind) from one institution to another. checks are made payable LMCU FBO member.
5. the program we use to do IRA contributions/ distributions.
6. there is a ( )percent penalty if you don't take out your RMD on time.
7. deadline during this time members can choose to contribute to the previous year or the current year.
8. transfers and rollovers DO( ) count towards contribution limit.