Retirement Accounts
Information provided by Wahed Invest is for educational purposes only and is not investment or tax advice. For additional information please read the IRS’ website;for help with any questions, please consult a tax professional. For more information on IRAs, please read the IRS’ website. Consult a professional tax advisor to answer questions about your eligibility for tax deductions.
Introduction to IRAs
Rollovers and transfers
- What is a rollover?
- How do I rollover an IRA?
- Can I roll my plan at work over to a Roth IRA?
- Can I combine my rollover and annual contributions into one IRA?
- Can I consolidate all my Traditional IRA accounts at Wahed?
- Can I convert from a Traditional to a Roth IRA (or vice versa) at Wahed?
Contributing to an IRA
- What is the minimum required to open an IRA with Wahed Invest?
- Can I contribute to both a Traditional and a Roth IRA in the same year?
- Can I contribute to an IRA if I'm already contributing to a retirement plan at work?
- What is the annual contribution limit for an IRA?
- What are "catch-up" contributions?
- Can I take a loan from my IRA?
Other questions
- What is a SEP IRA?
- What is an inherited IRA?
- What is a Roth conversion?
- What are some possible benefits of consolidating IRAs with Wahed Invest?
- Can I take the money out of my retirement plan at work and then decide what to do?
- What if I need to use some of the money from my 401(k)?