Dear Garden State Trust: I have $6,000 to put into an IRA before I file my tax return for 2020. Which is better, the traditional IRA or the Roth IRA? —Tardy Saver Dear Tardy: There is no simple answer to your question, unfortunately. Do you qualify for the tax deduction for the contribution to a…
Month: February 2021

Revocable. Living. Trust.
Garden State Trust Company provides investment management services. These may be delivered through an investment management account (IMA), or through administration of a revocable living trust, which might be thought of as IMA+. Let’s unpack the name of this service. Revocable means that this account is not permanent, it may be altered or cancelled at…