Were do you stash your cash !! ??
Answers: none of your damn business
Next to my "other" stash ;);););)
How much money do you have under your name?
Answers: .
All my money is under my name and no one else's.
How abundant IRAs can I hold at one time?
I'm finally able to quit my mission because I'm fully vested in the stock leeway plan. The amount of money it's worth, assuming the $4000 annual investment limit on IRAs, would fund several of them. How several of the things can I have at once?I'm nowhere fundamental retirement age, so forget an annuity.
My main dream is to cash out some of the money so I can pay envelope off a bunch of my debt and create my first house purchase more affordable. If there's any other method to do so without incuring a bunch of penalities, I'd be satisfied to hear them.
Answers: No limit on the number of accounts, purely deposits. Cashing them out will create taxable income plus, if you are under 59 1/2 a 10% cost.
Cash out the money and lose most of it to taxes and penalties.
You can enjoy as many IRA accounts as you will but can only fund them to the max allowed by the governing body.