Avoid Prohibited Transactions

Self-directed retirement accounts offer individuals the freedom to invest in a wide range of assets beyond traditional options like stocks and bonds. While this flexibility…

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Exploring Roth Conversions in 2024

Imagine the allure of a retirement account where your proceeds are entirely tax-free. The concept of a Roth Conversion enables individuals to transform funds from…

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Ins and Outs of an IRA-Owned LLC

Navigating the Ins and Outs of an IRA-Owned LLC with uDirect IRA Services Introduction Looking to maximize your retirement savings? The IRA-Owned LLC, commonly known…

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Is a Self-Directed IRA a Good Idea?

Is a Self-Directed IRA a Good Idea? Introduction When it comes to planning for retirement, choosing the right investment vehicle is crucial. One option that…

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Top 10 Questions about Self-Directed IRAs

Self-Directed IRAs and Solo 401(k)s have been around a long time – nearly 50 years!  Still, being able to invest outside of Wall Street into…

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Navigating Worthless Assets in Your Self-Directed IRA

Navigating Worthless Assets in Your Self-Directed IRA: A Guide to Smart Decision-Making Investing through a self-directed IRA can be a path to financial growth, but…

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Can I Contribute to a Traditional IRA?

Can I Contribute to a Traditional IRA? Understanding Eligibility and Limits Contributing to a Traditional IRA is an option for anyone who has earned income.…

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Cash Reserve Essentials for Your Self-Directed Account

Cash Reserve Essentials for Your Self-Directed Account in 2024 Introduction: Navigate the dynamic economic landscape of 2024 by understanding the nuances of your Self-Directed IRA…

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Understanding the World of Accredited Investors

Understanding the World of Accredited Investors Introduction In the financial sector, the term “accredited investor” has been a cornerstone since its inception in the 1930s.…

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Navigating Your Approach to Retirement

Navigating Your Approach to Retirement: An Active Approach When planning for retirement, it’s crucial to understand your retirement account balance in the context of your…

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Your IRA Could Be Taxed

Your IRA Could Be Taxed – Here’s What You Need to Know Hey there, savvy investors! Let’s talk about something you might not expect: your…

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2024 Converting a 529 Plan to Roth

Can I Convert a 529 Plan to a Roth IRA? Understanding the New Rules for 2024 Recent changes in financial planning impact education and retirement…

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7 Updates to Self-Directed Plans

The new year brings significant changes to IRA, 401(k), and H.S.A. plans.  These changes address the financial challenges many Americans encounter in their retirement planning.…

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Tap Into a $40 Trillion Pool For Your...

The Federal Reserve’s Financial Accounts of the United States report is a crucial resource that offers insights into the state of retirement assets across the…

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First and Second Lien Notes in Your IRA

Introduction Investing in lien notes has become an increasingly popular way for investors to diversify their portfolios and tap into the real estate market without…

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What if You Inherit an IRA?

Inheriting a traditional IRA brings with it certain responsibilities and options. If you find yourself in this position, first step is to discuss this with…

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Can a Minor Contribute to a Self-Directed IRA?

Any child, regardless of age, can contribute to an IRA provided they have earned income; others can contribute too, as long as they don’t exceed…

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Joe Biden’s Proposed New Retirement Rule

Self-Directed retirement investing means the saver chooses their own assets and directs a custodian to fund these choices.  Self-directed IRA providers are not fiduciaries in…

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Cryptocurrency in Self-Directed IRAs

Cryptocurrency has gained popularity as an investment. It’s now a viable option for self-directed Individual Retirement Accounts (IRAs). This article explores the benefits of using…

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6 New Exceptions to Withdrawal Penalty

In addition to the existing penalty exceptions, the SECURE 2.0 Act, effective December 29, 2022, introduces new exceptions to the 10% early withdrawal penalty from…

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