Can I Start a Business with a Self-Directed IRA? Exploring the Possibilities
When most of us think about owning a business, we think about it like setting up shop. Putting out an “open” sign on a bakery, or maybe working from home […]
Author Archive for: JimHitt
Entries by Jim Hitt
Solo 401(k) Rollover to IRA: Key Steps and Benefits
If you have a Solo 401(k), you already know some of the benefits. You know they have high contribution limits, that they’re flexible and easy to use, and that they’re […]
What is an IRA Specialist and Do You Need One?
Seeking professional advice on your retirement savings? Looking to make the most of a Self-Directed IRA, but feel like you need a helping hand first? You may need an IRA […]
Estate Planning with Self-Directed Roth IRAs
A lot of people like Self-Directed Roth IRAs for one reason: after-tax investing. When you make after-tax investments in an account, it gives you a lot of freedom. For example, […]
Legal Pitfalls to Avoid in Self-Directed Tax Lien Investing
A tax lien is not the typical path to wealth. Yet why shouldn’t it be? Investing in a tax lien gives you an asset that can collect passive income or […]
Understanding Custodian Roles in Self-Directed IRAs
Browse AmericanIRA.com and you’ll notice one word come up a lot. “Custodians.” Many of us are used to custodians referring to the people who take care of a property. But […]
Using Self-Directed IRAs to Invest in Startups and Emerging Businesses
“Ack,” you say, checking the financial headlines. “Another company took off—and before I could even invest in it!” That’s life on the public stock market. It often seems like you […]
A Step-by-Step Guide for Setting Up a Self-Directed IRA
Getting started with a Self-Directed IRA means you’re ready for a completely new way to invest. You’re not concerned with what traditional brokers can offer you. You’re concerned with what’s […]
Alternative Assets in a Self-Directed IRA Portfolio
If you read American IRA regularly, you know that we like to talk about alternative assets. But the truth about “alternative” assets is that there doesn’t have to be anything […]
A Self-Directed IRA Administration Firm vs. Traditional Brokers
The traditional path to retirement isn’t much of a path at all. According to Yahoo! Finance, after all, the median savings of a Generation Xer is only $40,000—while they might […]