Entries by Jim Hitt

Are You Ready for a Self-Directed IRA?

A Self-Directed IRA is a proven way for investors to gain access to alternative asset classes not normally offered by most Wall Street investment companies. Most of them readily offer access to trade stocks, bonds, ETFs and mutual funds. Some of them also support trading in options on stocks and margin trading. But for the […]

Study: Fair Sailing Ahead for Real Estate IRAs

Real Estate IRAs have had a very nice run over the past several years. And 2018 looks like another positive year for real estate overall. The Urban Land Institute’s 2018 Real Estate Trends Report predicts a smooth year of appreciation for real estate assets in or out of Real Estate IRAs. Some of the highlights […]

Private Equity In Your Self-Directed IRA

Own tomorrow’s Dow components today! Or we hope, anyway. But you did not have to invest with Steve Jobs while he was still running Apple out of a garage in the 1970s to do well with private equity or private placements in a Self-Directed IRA. Just invest in solid, well-managed companies with good accounting and […]

Bitcoin in a Self-Directed IRA – Is It Right for You

The rise of cryptocurrencies is getting a lot of press lately, with Bitcoin – the largest of them by market cap – getting the lion’s share of the coverage. Do they belong – Bitcoin in a Self-Directed IRA? Is there a place for a Bitcoin in a Self-Directed IRA? Or a Litecoin or Ethereum IRA? […]

How to Lower Retirement Account Fees Using a Self-Directed IRA

The big Wall Street investment firms are very good at maximizing their own profits. Unfortunately, they are not very good at delivering market-beating returns for their own customers. This is part of the reason more people are turning to Self-Directed IRAs and other types of self-directed retirement accounts. Say ‘No’ to the Assets Under Management […]

Over 70? Don’t Miss Your Self-Directed IRA RMD Deadline

It’s that time of year again: It’s time to take those required minimum distributions from your self-directed IRA or other tax-deferred retirement account. If you made deductible contributions to an IRA, self-directed IRA, SEP, 401(k) or other tax-deferred retirement account, and you are age 70½ or older, you may be required to withdraw some income […]

Hardship Distributions From Self-Directed IRAs

Life happens. Many investors have found themselves needing to tap into an IRA because of a short-term financial crunch, purchase a first-time home for themselves or a family member, or fund college costs. Under normal circumstances, withdrawals from both self-directed IRAs and conventional IRAs are subject to a substantial 10 percent excise tax if made […]