Threat to IRAs Off the Table
Your Self-Directed account faced threats this year from the Build Back Better Act. Now those threats are off the table, but for how long? THE…
2022 Contribution Limits
Get ready for retirement by contributing to your retirement account! Take a minute to write a check to your IRA and invest in your…
RMDs for 2021
REQUIRED MINIMUM DISTRIBUTIONS (RMD’s): At age 72, you need to take “required minimum distributions” from your retirement accounts. The deadline is December 31st of each…
Congress is not just targeting mega-IRAs!
Self-Directed IRA investment in Private Placement Equity and IRA-Owned LLCs are on the line right now. Congress is not just targeting mega-IRAs! We all heard…
Tell Your Story!
Your IRA assets could be in jeopardy. Tell your story now and let your voice be heard! The “Build Back Better Act” before Congress has…
Hands Off My IRA!
In this article I’m going to discuss a few reasons why Sections 138312 and 138314 of the House reconciliation bill (released September 13th) threatens the…
The “Checkbook IRA”
When you open a Self-Directed retirement account, does it come with a checkbook? We get asked that question often. The answer is “No”. The “Checkbook…
IRA/401k Asset Valuations
Every year your Self-Directed IRA custodian reports the value of the assets in your account to the IRS. Accomplishing this requires the account holder to…
The Differences Between Pre-Tax and After-Tax Retirement
Types of Retirement Accounts: You probably heard of a Traditional and a Roth IRA. You might not know there are different types of IRAs to…
Inheriting a Retirement Account
Do you have a retirement account? You need to designate a beneficiary. That is where this story begins. IRA inheritance is a bumpy story, so…
The Spousal IRA
With a Spousal IRA (also known as the Kay Bailey Hutchison Spousal IRA), you do not need to earn income to contribute to an IRA…
Retirement Security Reforms
In the early fall 2021 the Retirement Industry could see some major overhauls. Recently, a bill was introduced (the Retirement Security & Savings Act) with…
How SIMPLE is a SIMPLE IRA?
You don’t have to run a large company to offer a retirement plan to your employees. Small employers can save for retirement as well…
Funding your Self-Directed IRA
You opened a Self-Directed retirement plan and now you want to fund it. Funding your Self-Directed IRA is a process that takes a few days…
Simplified Employee Pension (SEP)
Are you Self-Employed? If so you may find the Simplified Employee Pension ( or SEP) IRA to be helpful when it comes to tax savings…
Self-Directed Traditional IRA
The Traditional IRA is the most common type of Individual Retirement Arrangement (IRA). Why? Well, it is probably because most people rollover their employer’s pre-tax…
Self-Direct a Health Savings Account
A Health Savings Account (H.S.A.) is a type of savings account that lets you set aside money on a pre-tax basis to pay for qualified…
Solo 401(k) with Multiple Business Partners
Can you open a Solo 401k for an LLC business with multiple partners? When you think “Solo 401(k)” you probably think of a business with…
Making IRA Contributions in Your 70’s and Beyond
Over the past 20 years, the share of Americans working in their 70s has risen from less than 10% to nearly 15%, according to US…
Additional Nondeductible IRA Contribution Source
Difficulty of Care Payments & Nondeductible Contributions You may be able to make additional nondeductible IRA contributions (after December 20, 2019) if you received difficulty…
