Most of our Self-Directed IRA clients at American IRA are comparatively savvy, experienced investors, and so rarely fall prey to investment scams. However, every year, a few Self-Directed IRA owners and others get deceived by professional con artists and sociopaths, and get ensnared by a Ponzi scheme. According to Kathy Bazoian Phelps, a California attorney […]
Author Archive for: JimHitt
About Jim Hitt
This author has yet to write their bio.Meanwhile lets just say that we are proud Jim Hitt contributed a whooping 350 entries.
Entries by Jim Hitt
The Individual Retirement Arrangement, or IRA, is a tremendously flexible financial vehicle that offers investors a wide range of investment options for diversification and potentially better returns. But there are a few restrictions, which are particularly important for Self-Directed IRA owners to understand. While violations are relatively rare, a few Self-Directed IRA owners have incurred […]
If you’ve changed jobs or left the service of a company in the past, you may have an old 401(k) account with them. Many times, people just leave that money in their 401(k) accounts to accumulate there – neglected and forgotten. In many cases, it’s much more advantageous for investors to take positive action, take […]
For many of our clients – most of whom are experienced Self-Directed IRA investors, the run-of-the-mill financial information they get from the glossy consumer magazines isn’t very relevant. Most of the people we work with are far too sophisticated to get much from articles or news spots about the “top five hottest mutual funds to […]
Vermont. Is anyone surprised to see a New England state listed as the worst state in America from the perspective of the taxation of Self-Directed IRA and other retirement income? But the beautiful, mountainous, verdant State of Vermont tops our list, with a top state income tax rate of 8.95 percent on taxable income greater […]
Real estate is a proven, solid wealth generator and long-term store of value and wealth. But the current real estate bull market is getting a little long in the tooth. We’re seven years into it already. And of course, the real estate bull market could last another seven years – or we could see a […]
No one has a crystal ball, not even the Savvy Self-Directed IRA owners, but the general trend for interest rates in the United States is upward. The Federal Reserve has indicated plans it will be tapping the brakes on the economy over the coming year by increasing the Federal Funds Rate and drawing some excess […]
Here in North Carolina, we have a number of military installations, both large and small – and these communities can make terrific markets for Real Estate IRA investors. Fort Bragg, outside of Fayetteville, and home to the storied 82nd Airborne Division and the Special Forces school, is perhaps the most well known military community in […]
At American IRA, many of our Self-Directed IRA clients are very successful. Sometimes, extraordinarily so. And so some of them find themselves restricted from making tax deductible contributions to a traditional IRA, or even from making new contributions to their Self-Directed Roth RAs. That’s where the so-called ‘backdoor Roth’ contribution comes in for Self-Directed IRA […]
Self-Directed IRA owners tend to be a fiercely independent lot. Our clients tend to be entrepreneurially-minded, and of course have enough confidence in their own investment acumen to leave the Wall Street brokers behind and invest their retirement nest eggs in non-traditional assets and asset classes such as real estate properties, gold and precious metals, […]
- Self-Directed Real Estate IRAs and Insurance
- Avoid Getting Your Self-Directed IRA Disqualified by the IRS!
- Secured and Unsecured Promissory Notes in your Self-Directed IRA: What’s the Difference?
- How Your Self-Directed IRA Could Be Used Toward Student Debt With a Self-Directed CESA IRA
- How Active Should You Be with Your Self-Directed IRA?
Asheville, NC 28801