These days, lots of people understand that IRAs allow taxpayers to self-direct their investments – taking more direct control of their investments and allowing them more flexibility to diversify and avoid high expense ratios and assets-under-management fees commonly charged by Wall Street firms and mutual fund companies. Not too many people realize that you can […]
Getting an early start on saving for retirement is critical. If you do not believe this, here is an example: A 22-year-old worker earning $40,000 starts saving 6% of that in a 401(K) while the employer adds another 3%. Assuming a 6% rate of return, that person will have accumulated $827,000 by the time retirement rolls […]
Self-Directed IRA Success Story Larry (66) and Ethel (62) were both successful real estate investors for years. But did not realize they could leverage their real estate experience and expertise using retirement funds until about 15 years ago, when they discovered investing with Self-Directed IRAs. They had significant assets in a Roth IRA account and […]
The Self-Directed IRA is a potent tool both for investing and for the management of income tax liabilities. Traditional Self-Directed IRAs, like conventional Traditional IRAs and qualified retirement plans like 401(K)s, Self-Directed SEP IRAs and Self-Directed SIMPLE IRAs allow investors to defer tax liability on interest income, dividends and capital gains until they actually begin […]
President Donald Trump signed an executive order recently to increase access to employer-sponsored retirement plans, which include the popular 401(K)s. By signing the order, President Trump has instructed the Departments of Labor and Treasury to explore methods to improve notice requirements, which would lessen the burden on small businesses and reduce paperwork for Self-Directed IRA […]
It is autumn, and that means we are heading into the final quarter of the calendar year. That’s the most crucial one for Self-Directed IRA investors and any other taxpayers, because there are some critical deadlines at the end of the year all Self-Directed IRA investors, business owners and self-employed individuals should be aware of. […]
One of the best ways to give your Self-Directed IRA an opportunity for maximum growth is to use it to purchase rental property. A Self-Directed IRA gives you so many more choices than a Traditional IRA, and one of those is the capability to invest in alternative investments such as real estate. The term “real […]
Case Study: George and Loretta, a married couple in their late 60s, have a small company they run together in Raleigh. They have plenty of income from pensions and do not expect to need the income from their Self-Directed Solo 401(K) for a long time, if ever. They preferred to let the assets compound until they […]
For just about every retirement investor who uses a Self-Directed IRA, most of those investments are exempt from federal income tax. Internal Revenue Code 408, and Section 512 of the Internal Revenue Codes exempts most forms of investment income generated within your Self-Directed IRA from taxation. This exemption includes dividends, loan interest, annuities, rental income from […]
Lots of people want to be Self-Directed IRA investors. But few people want to take a 3AM phone call to fix a broken toilet. Fortunately, you do not have to. That is why we have property managers. For a relatively small fee of between 10 and 20 percent of rents collected, these real estate professionals […]