Five Reasons to Consider a Self-Directed Solo 401(k)
The “401(k)” is a plan synonymous with working a W-2 job. But here’s a fun fact: You don’t need a nine-to-five to have a 401(k) plan. If you’re self-employed or […]
Author Archive for: JimHitt
Entries by Jim Hitt
What is a Self-Directed Traditional IRA?
A Self-Directed Traditional IRA is the oldest, most common type of retirement plan. All you have to do to open one is be an individual with earned income—and if you […]
What Private Notes Can You Hold in a Self-Directed IRA?
Let’s say you have a lot of capital in an IRA but no way to earn yield from it. Stocks are unpredictable, and you want to diversify anyway. What can […]
What is a Self-Directed IRA LLC? The Key Benefits of Checkbook Control
TurnKey LLC sponsored this post. You might not know what kind of power you hold in a retirement account. And why would you? Many investors mistakenly accept that the traditional […]
Self-Directed Roth IRAs vs Traditional IRAs: What’s Better Long-Term?
When you’re planning for retirement, your focus is all is about the long-term. You may be planning 10, 20, or even 40 years in the future. For that reason, every […]
Private Note Investing with a Self-Directed IRA: High Yield Opportunity?
When most people say we want to retire, what we’re really saying is that we want financial freedom. And there’s no financial freedom unless you can untether your income from […]
How Self-Directed IRA Investors Use Tax Lien Strategies
You may not know this, but it’s possible for you to get on the collection end of a tax lien. It’s known as tax lien investing, and it’s what happens […]
What is a Self-Directed Roth IRA?
A Self-Directed Roth IRA is a retirement account in which the holder of the account can make broader decisions about which retirement assets to hold. Using the vehicle of a […]
Top Reasons to Open a SEP IRA for Real Estate Agents Today
As a real estate agent, you’re constantly managing the ebb and flow of income while building a successful career. But have you considered how to secure your financial future? […]
Why More Investors Are Rolling Traditional IRAs into Self Directed Roth Accounts
The financial world has seen a growing trend in recent years: more investors are choosing to roll their Traditional IRAs into Self Directed Roth accounts. This strategy offers unique opportunities […]