Changes in Self-Directed IRA Contribution Limits in 2024
As anyone who’s been investing a while knows, contribution limits are not a static thing. They go up over time, hopefully keeping pace with inflation. Now, the IRS has recently […]
Author Archive for: JimHitt
Entries by Jim Hitt
Facts Every Self-Directed IRA Owner Should Know
If you own a Self-Directed IRA, congratulations on taking control of your retirement future and exploring the world of investment opportunities Self-Directed IRAs can offer! Now the fun part begins: […]
Are Self-Directed IRAs Good When Interest Rates are High?
If you have an IRA and are wondering if it’s a good time to invest in it, the answer is: you never know. If interest rates are high and the […]
What is a Single Member IRA LLC and How Does It Work?
When using a Self-Directed IRA, you open up your retirement accounts to all sorts of investment possibilities. That’s one of the reasons so many investors open Self-Directed IRAs in the […]
Controlling Self-Directed IRAs in an Inflationary Economy
What do you do when you work hard to put money away, but the value of the dollar itself starts to wane? That’s what’s known as an inflationary economy, and […]
Do You Need ‘Checkbook Control’ in a Self-Directed IRA?
Many Self-Directed IRA investors are looking for greater control over their retirement savings. One way to achieve this is through a technique called ‘Checkbook Control.’ This allows you to move […]
Submit your Fair Market Valuations (FMV) by January 31st, 2024
As we approach the end of the year, it’s important to start thinking about financial reporting for your self-directed retirement account. One crucial step that often gets overlooked is submitting […]
Why Do Investors Choose Self-Directed IRAs?
Why Do Investors Choose Self-Directed IRAs? A Self-Directed IRA is an approach to retirement that offers investors more freedom and flexibility to choose what goes into their retirement account. Yet […]
Tax Lien Investing in a Self-Directed IRA
Tax Lien Investing in a Self-Directed IRA Tax liens. For most people, those two words are scary. But there’s another side of tax liens that can potentially create reliable income. […]
What Happens Without a Self-Directed IRA?
What Happens Without a Self-Directed IRA? Imagine this scenario. You’ve hit retirement age. You knew for a long, long time that you should have been putting aside money for retirement. […]