What the New Tax Proposals Might Mean for Self-Directed IRA Owners
When you do not have a lot of skin in the game, it does not move the needle when you hear about tax proposals in Washington. However, the more you […]
Author Archive for: JimHitt
Entries by Jim Hitt
Why Investors Cannot Buy Collectibles with a Self-Directed IRA
Ever wonder why a retirement account looks like it does? For most people, a retirement account is a simple selection of stock and bond funds—predetermined by the broker—and little else. […]
What Are the Advantages of Using a Self-Directed Solo 401(k)?
When most people think about the 401(k), it is usually in traditional terms. They consider it a plan that comes only through an employer when they work with a W2. […]
Dispelling Common Myths About the Self-Directed CESA
The Coverdell Education Savings Account does not always get a lot of press. For that reason, it is easy for myths to spread about how it works—including what you can […]
FAQs about the Self-Directed IRA for Tax Liens and Deeds
You may have heard that the Self-Directed IRA makes it possible for investors to choose from a wide range of nontraditional retirement assets to keep in their portfolio. Perhaps one […]
What to Understand about Self-Directed IRA Contributions
Retirement contributions can feel like a complicated thing. And when you dig into the nitty-gritty details, that is exactly how it can seem. But how do you know how many […]
Can Investors Roll a Self-Directed SEP IRA into a Self-Directed Roth IRA?
For many investors, the process of putting money aside for retirement is straightforward. They commit part of their paycheck to retirement savings, set it, and forget it. But in some […]
What the “Uninitiated” May Not Know About Self-Directed IRAs
You may have heard this phrase before: “for the uninitiated…” And it is something that we throw around a lot in the Self-Directed IRA world. Why? Because many people—including many […]
Self-Directed IRA Retirement Surprises During COVID-19
If there is anything COVID-19 taught us, it is that a life-changing event can take hold in mainstream society with little to no warning. Self-Directed IRA investors who were not […]
How Does a Self-Directed Traditional IRA Work?
When you look at the retirement account landscape, it is easy to see why so many people choose a Roth IRA. Using after-tax money for retirement has a lot of […]