What if You Have an Excess Contribution in Your Self-Directed IRA?
A Self-Directed IRA is a wonderful tool for saving for a secure retirement, and anyone who does not take advantage of them by contributing up to the allowable limits ($6,000 […]
Author Archive for: JimHitt
Entries by Jim Hitt
Build Wealth with a Self-Directed Roth IRA
As most of you know, there are two types of IRAs, and they are distinctly different. The Traditional IRA, which is a tax-deferred account, allows you to take your deduction […]
How Can a Self-Directed HSA Work for you?
People who want control of their investment decisions are choosing self-directed accounts. They like the secure feeling that comes from making their own decisions rather than having a broker or […]
Worried About Stock Market Risk? Diversify into a Self-Directed Real Estate IRA
For those who are worried about excessive stock market volatility, an allocation to real estate continues to prove itself an effective diversifier. It’s still a risk investment, so prices may […]
Strategies to Make the Dream of Early Retirement a Reality with a Self-Directed IRA
It might be hard to fathom, but there are those who love their jobs so much that they want to keep working as long as they can. If you are […]
Self-Directed IRA Taxation: New Rules Affect UBTI Calculation
Recent changes in the tax law will affect Self-Directed IRA owners who borrow money to leverage investments within their IRAs – especially those who have mortgages within Self-Directed Real Estate […]
10 Things you need to Know about Investing in Cryptocurrency in 2019
If you are a seasoned Cryptocurrency investor, you already know that it’s been a bumpy ride. If you are new to the game, you are probably filled with questions as […]
Questions to Ask Your Advisor before Investing a Self-Directed IRA into Alternative Assets
If you own a Self-Directed IRA, you probably chose it because it gives you more options and control over your retirement assets. But with that extra control comes added responsibilities, […]
Self-Directed 401(k) Corner: Are You Keeping Up with the Joneses? Average 401(k) Balances by Age
The average 401(k) balance, according to a new study from Fidelity Investments, is $106,500. But that figure by itself does not tell us anything useful: First, the figure includes investors […]
Due Diligence on Private Lending from Your Self-Directed IRA
One of the many benefits of having a Self-Directed IRA is the ability to loan your money. However, just like a bank, when you are lending your own money, it […]