Entries by Jim Hitt

How a Single Member LLC Impacts a Self-Directed IRA

When you use a Single Member IRA LLC arrangement, it means that you are using funds from a Self-Directed IRA to purchase an LLC, which is characterized as a Single Member LLC. This is an interesting arrangement that investors might use to exercise checkbook control over retirement funds. How does it work? Because the IRA […]

Is There an Ideal Time of Year for Starting a Self-Directed IRA?

These days, people who want to invest more independently understand that the stock market can be volatile. It seems like any change in the headlines is enough to send stock markets soaring—or tumbling. This kind of volatility can be tough on an investor’s psyche. That is why Self-Directed IRA investors move to greater diversification in […]

Do Self-Directed IRAs Help Investors During a Crisis?

The COVID-19 pandemic has had devastating effects on the economy, the health of our citizens, and even our way of life. There is no doubt that this is a “Black Swan” event that investors like to talk about: one of those hard-to-predict sudden changes that recontextualize our concepts of what will happen in the future. […]

Steps for Determining the Best Self-Directed IRA Option

Many investors turn to Self-Directed IRAs because they want access to nontraditional retirement assets as they build a retirement portfolio. That means they will be able to easily invest in assets such as real estate, precious metals, private loans, and more. But that still skips an important step—a step that sometimes gives new Self-Directed IRA […]

Making Your Own Decisions with a Self-Directed IRA

Across the world, many people put their retirement decisions off. Or they might not ever make them. As it turns out, only a fraction of Americans are what you might call fully prepared for retirement. In fact, as much as 33% of Americans don’t even have any retirement savings at all, suggesting that retirement planning […]