Real estate IRAs are popular with people who want diversity and leverage against potential losses in the stock market. You can choose your own assets including commercial and residential property, raw land, as well as tax liens and deeds.
Millions of investors are seeking professional advice for investing trillions of dollars in U.S. retirement assets. Understanding and embracing self-directed IRAs means a new source of clients, investors, and capital.
The disparity in the amount of retirement savings women accumulate compared to men is vast according to experts. Some of this can be attributed to the fact that women as a whole tend to earn less than men who are employed in the same positions. But that … Read More
Want to invest and earn income using other people’s money? Sounds like a plan, doesn’t it? And, why not? The concept is hardly unique. In fact, there’s even an acronym for it in the financial world: OPM.
Warren Buffet and many other sophisticated investors invest with other … Read More
Education savings accounts (ESAs) are cool little tools that allow you to save and accrue tax-sheltered income for your child’s education. The benefits of a self-directed education savings account work the same way. But a self-directed account allows you to use alternative investments instead of traditional stocks, … Read More
Single-family rentals are hot right now for a variety of reasons. Baby boomers are living longer—in their own homes, which means less inventory for new home buyers. And, home prices are rising faster than wages (about twice as fast, experts say). So, even though Millennials would like … Read More
Simple employee pension plans, or SEP IRAs, are geared towards individuals who are self-employed, partners, and owners of corporations. These plans provide a low-cost and simple retirement savings option for people in these positions. These plans offer higher contribution limits than a traditional or Roth IRA. Administration … Read More
A health savings plan is a fantastic tool that can lessen the burden of health care costs now and in the future when you retire. To qualify to contribute to a health savings plan, you must be enrolled in a high-deductible healthcare plan (HDHP). And, while the … Read More
The Setting Every Community Up for Retirement Enhancement (SECURE) Act is touted to help Americans save for retirement. But, a few “enhancements” might compel you to contact your senator to express concern (after you pick your jaw up off the floor). For instance, inherited IRAs would be … Read More
There is currently a bill in the Senate designed to help more Americans save for retirement. While the SECURE Act does pose a few regulations to help the average American do exactly that, there’s one provision that has alarm bells ringing. (If yours aren’t yet, they should … Read More
IRAs are one of several ways you finance your retirement. You may have a pension plan and/or Social Security benefits along with personal savings, but IRA tax benefits play a critical role in your savings strategy to retire in style.
It is well known that the savings you … Read More
The purpose of a Roth IRA is for you to save for retirement. However, the IRS allows a bit of flexibility within these accounts that make them highly attractive. For example (and providing you qualify) you can take penalty-free withdrawals for buying a home for the first … Read More