Real estate IRAs are popular with people who want diversity and leverage against potential losses in the stock market. You can choose your own assets including commercial and residential property, raw land, as well as tax liens and deeds.
A spousal IRA is a common term for a strategy that allows one spouse to contribute to their spouse’s retirement plan. This transaction is available to married couples in situations when one spouse either does not work or earns little annual income. The spouse who earns the … Read More
Our recent webinar focused on how health savings accounts work as an investment and savings tool. This knowledge is especially critical since open enrollment for health insurance began on November 1. There are requirements you must meet to open and contribute to an HSA. This includes enrolling … Read More
On November 1, the IRS announced the much-anticipated 2024 contribution limits for retirement plans and other tax-advantaged savings plans. Thankfully, most limits were raised from 2023 numbers, making it possible for Americans to save more to secure a successful retirement future.
Without further ado—we’ll jump right into the … Read More
Planning to help your child pay for college is a major undertaking. College is not cheap, but you don’t want your children saddled with student loan debt, either. A 529 plan helps offset that costly burden. But did you know there is an alternative to 529 college … Read More
This recorded webinar provides a mid-year SECURE Act 2.0. update for 2023 and a detailed overview of the changes brought about by the Act. These changes impact required minimum distribution (RMD) rules, contributions, and overall enhancements to retirement plans, which include self-directed accounts. The session also touches … Read More
There are numerous ways to invest in real estate in a self-directed IRA (SDIRA). However, multifamily real estate has the potential to be quite lucrative when you invest in the right property, have steady tenants, great amenities, and eye-catching curb appeal. Investing in these assets in an … Read More
It’s that time of year again. Fair market valuations (FMVs) are required by the IRS for the assets in your retirement plan, as they are every year. These valuations must be assessed by the end of the income tax reporting year. You may be allowed to perform … Read More
Private equity is an alternative investment available for self-directed IRAs (SDIRAs). Private equity assets are typically reserved specifically for high-net-worth individuals—accredited investors like Peter Theil and Warren Buffet. However, there are relaxed rules for certain opportunities. Now, average individuals who meet specific criteria can invest in a … Read More
A self-directed health savings account (HSA) follows the same IRS rules that a regular HSA does. Self-directed plans have the same annual contribution limits and eligibility requirements. They provide a way to build tax-free funds you can spend on qualified medical expenses throughout your lifetime. So, how … Read More
This recorded webinar conducted by Advanta IRA provides an in-depth look at the unique IRA alternative assets Advanta IRA has encountered with clients. These investments include cryptocurrencies, farmland, livestock, car carriers, sports teams, movie projects, and burial crypts. The hosts also explain the rules and regulations involved … Read More