Taking RMDs in 2020
Your need to take a 2020 RMD is waived Earlier this year the CARES Act was signed into law. One of the benefits of this…
New Deadlines for Setting up the Solo 401k
Are you self-employed? Do you do the work yourself without any employees in any of the companies you own? Then you may qualify for a…
How To Complete a Self-Directed IRA Rollover/Transfer
Many benefits come with self-directed IRAs, such as having the freedom to invest in whatever you want. However, you may be wondering how you can…
Planning for Retirement
Ready to retire? Most people aren’t. So, how much will you really need in savings to retire? When planning for retirement there are several variables…
How to Open A Self-Directed IRA
You have heard about investing your retirement outside of Wall Street but how do you get started. This article will tell you exactly how to…
Your IRA Can Be the Bank with Note...
Note Investing How would you like to be the solution to the problem small businesses face (and build your retirement at the same time)? During…
Why Removing Money from Your IRA is the...
Should You Break the Piggybank? When you lose your job or have unexpected bills, your finances are negatively impacted. Looking at the funds you saved…
Does a Roth Conversion Make Sense?
Does a Roth Conversion Make Sense for you? Imagine having a retirement account where the proceeds are entirely tax-free! You can “convert” funds from…
IRA Prohibited Transactions
You have a Self-Directed IRA, but do you know the rules? Some of these rules are referred to as IRA Prohibited Transactions. While the IRS…
How the CARES Act Impacts Your Retirement Account
The CARES Act Retirement passed recently, and as a result, there are some changes to your retirement account to be aware of: RMD – Required…
Covid-19 and Rent Collection
Did the tenants in your IRA-Owned property pay rent this month? Nearly a third of U.S. apartment renters didn’t pay any of their April rent…
The CARES Act
Currently the world is attempting to maintain, control and defeat COVID-19 which is the official name for a new version of the Corona virus. The…
2019 Contribution Extension
Does the IRS now give me more time to contribute money to my IRA for 2019? Yes. Contributions can be made to your IRA, for…
Taking RMDs from your Self-Directed IRA
How do you avoid having to take Required Minimum Distributions (RMD’s)? You can’t. But, you might get to wait longer before you have to take…
New RMD Limits
New Year, new rules. Congress has passed the SECURE Act (Setting Every Community Up for Retirement Enhancement Act) which became effective January 1, 2020. It…
Elimination of the Stretch IRA
What is a Stretch IRA? The term refers to your beneficiaries taking Required Minimum Distributions (RMD’s) from an Inherited IRA or 401k over extended periods…
Save More in 2020!
NEW CONTRIBUTION LIMITS ANNOUNCED The Internal Revenue Service announced that employees in 401(k) plans can contribute up to $19,500 next year starting in 2020. This…
Maximizing Your Retirement Savings
How can you squirrel-away the most retirement savings? If you’re self-employed you can do this easily with a SEP Plan. First available in 1979, the…
How uDirect IRA Services Makes Your Investing Experience...
When it comes to Self-Directing your retirement funds you want great service and reasonable fees. We have many people switch their IRA accounts from other…
Three Things to Understand About Your IRA
If you’re like many people, you’ve worked hard to accumulate a large nest egg in your traditional IRA (including a SEP-IRA). It’s even more critical…
