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 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
The deadline to file your income taxes is right around the corner! If you're looking for a way to reduce your taxable income, there are a few retirement plans the IRS allows you to open and contribute to up to the day you file and have that … Read More
Roth IRA conversions allow you to move some or all of the funds from your traditional IRA account into a Roth account. If you’re going to convert, you must do so by December 31st of the tax-reporting year. And, as you know, that deadline is coming up … Read More
Did you max out the contribution limits in your IRA for 2017? If not, you still have time. In fact, you can make last-minute contributions to your IRA for 2017 and get a head-start on your contributions for 2018 right now, before you file taxes for 2017.
How … Read More
Of the many avenues one can choose to save for retirement, the Roth IRA is one of the most popular retirement savings plans for today’s investors. Contributions to a Roth IRA are made after taxes, and the income you earn is tax-free.
These benefits make Roth IRAs an … Read More
There are several things you should know if you inherit an IRA. Not knowing the proper way to handle these funds can be costly and defeat the purpose of your benefactor in wanting leave you their hard-earned savings. The rules differ for spouses and non-spouses (such as … Read More
As if self-directing one IRA wasn’t powerful enough, did you know you can self-direct two? (Or three? Or more?) As a matter of fact, there is no limit to the number of IRAs you can own. It’s not uncommon for savvy investors to open more than one, … Read More
Roth IRAs offer several unique benefits that traditional IRAs do not. Contributions are made after tax, can be made after you reach 70 1/2 years of age, and distributions are not required by that age, either. Additionally, all earnings grow tax-free—and can be withdrawn at the … Read More
There are tremendous tax advantages Roth IRAs have over traditional IRAs causing investors to move assets from taxable accounts into tax-free Roth plans. These plans can be self-directed, gaining additional benefits and flexibility to those saving for retirement. What are conversions? The IRS allows you to … Read More
Most of us are well aware that not only are our federal tax returns due on April 15 every year, but that is also the deadline for contributions to be made in our individual retirement accounts for that tax-filing year. However, this year, these deadlines have been … Read More