Retire Wealthy with these Self-Directed Solo 401(k) Saving Tips
If you were born between 1981 and 1996, they call you a millennial. Many of you are working at your first job, while others may already have had more than […]
Author Archive for: JimHitt
Entries by Jim Hitt
Pop Quiz: How Much Do You Know about Self-Directed Real Estate IRAs?
It’s been a few years since your high school or college days. Alright, it’s been more than a few years, but the point is you can still remember how much you […]
Self-Directed IRA, An Additional Source of Funding for Real Estate Investments
More and more investors are becoming aware of the benefits of real estate in their investment portfolios. They like the idea of generating wealth through the appreciation of their property, […]
Take Full Advantage of a Self-Directed Roth IRA
A Self-Directed Roth IRA is a retirement savings account that offers you a variety of investment choices, all of which can grow tax-free. You fund a Roth with after-tax dollars, […]
Legacy Planning for Self-Directed IRA Owners and Their Beneficiaries
Most people who are at or near retirement start thinking about how they would like to see their savings and assets passed on. Legacy planning is the process of expressing […]
How to Roll Over 401(k) Funds into a Self-Directed IRA Correctly
When you leave one employer for another, you have to decide what to do about the funds in your 401(k). Of course, you might be allowed to leave your money […]
Keep an Eye out for These Possible Changes to Self-Directed IRAs
Potential tax law changes might be arriving in 2019. This could affect individuals who have Self-Directed IRAs. While there has not been a major overhaul to the tax code since […]
Self-Directed Solo 401(k)s, Self-Directed SEP IRAs and Self-Directed SIMPLE IRAs – Which is Right for You?
Generally, small business owners and contractors have three choices when it comes to choosing an employer-sponsored defined business retirement plan: The 401(k), which most people are familiar with, the Self-Directed […]
Take Advantage of Raised Contribution Limits in Self-Directed IRAs in 2019
If you are saving for retirement, there is good news for you in 2019. The IRS has raised the contribution limits on some of the most popular qualified retirement plans. […]
Women and Retirement: Are You Saving Enough in your Self-Directed IRA?
A 2018 report from the retirement consulting firm, Aon, indicates that nearly three-quarters of women who expect to retire at age 67 will end up with about two-thirds the income […]