The Complete Guide to Understanding a Self-Directed Solo 401(k)
Many of us are used to the concept of a 401(k). It’s a retirement plan. You often use it through work, and sometimes your employer matches it. Easy-peasy. But when […]
Author Archive for: JimHitt
Entries by Jim Hitt
How to Choose the Right Self-Directed IRA Plan
If you are ready for retirement investing, what is the next step? The first question to ask is whether a Self-Directed IRA is right for you. In a Self-Directed IRA […]
How to Steer Clear of Prohibited Transactions in a Self-Directed IRA
Using a Self-Directed IRA gives you a lot of freedom. It gives you the freedom to choose your own retirement investments. It gives you the freedom to invest in nontraditional […]
Inflation Hedges: How Real Estate and Precious Metals Help Protect Your Retirement
When retirement investors talk about “inflation hedges,” what does that mean? On one level, it means that it is important to own property that will retain value, even if the […]
The Best Self-Directed IRA Accounts for Budgetary Flexibility
Before COVID-19 hit, many Americans were already hurting. In 2019, it was reported that many Americans couldn’t even make a $400 emergency payment—that’s how razor-thin their budgets were, as many […]
A List of Your Self-Directed IRA Investment Options
When you direct your own IRA, what can you then invest in? The question is too big to answer. It might be more accurate to ask: what cannot you invest […]
Who Benefits From a Self-Directed Checkbook IRA?
A Self-Directed Checkbook IRA is a key retirement strategy for many investors. But who is most likely to benefit from this type of arrangement, and why is that the case? […]
What You Need to Know About a Brokerage Account for Self-Directed IRAs
When you hear about Self-Directed IRAs, it’s typically with one thought in mind: diversification. Self-Directed IRAs, after all, allow investors to branch out beyond the typical slate of mutual funds […]
How Retirement Investors Can Use a Self-Directed IRA to Decrease Risk Exposure
It is something every retirement investor has to deal with: risk. Sure, on a long enough timeline, an investor’s risk tends to decrease, particularly if they know how to diversify […]
A Guide to Funding a Self-Directed IRA with Previously Existing Retirement Funds
So, you have done your research. You know that a Self-Directed IRA can be a great way to give yourself the freedom to invest in non-traditional retirement assets like precious […]