Roth IRAs offer great benefits you don’t get with other retirement plans. The problem is some people aren’t eligible to contribute to a Roth IRA due to income limits. The good news is you may be able to perform a conversion from your pre-tax retirement plan to … Read More
Real estate in a self-directed IRA is the number one strategy of smart investors who choose their own investments to build retirement income. You can do this, too, if you use a self-directed retirement plan. You’ll become part of a growing class of individuals who control their … Read More
Private lending for real estate is an investment strategy that allows your self-directed IRA or solo 401(k) to earn income on the interest payments and other terms of the loan. Income from a private mortgage enjoys the tax-advantaged status of a retirement plan asset, provides critical diversity, … Read More
Solo 401(k) plans allow corporations, partnerships, and sole proprietorships with no employees (aside from you, your spouse, and/or business partner) to make contributions toward retirement. Self-directed solo 401(k) plans give small business owners the freedom and control to choose their own assets and use alternative investments to … Read More
In today’s economy, smart retirement savers invest in alternative assets to the stock market to build earnings in their portfolios. Investments in oil and gas are examples of alternative assets, and the potential returns are worth exploring. Have you ever considered how investments in oil and gas can … Read More
What is the Roth IRA five-year rule, and how does it work? This article explains the rule and additional rules you must follow to avoid tax and penalties for taking early withdrawals from a Roth IRA. The main attraction of having a Roth IRA is the ability to … Read More
Roth IRA conversions, also knows as backdoor Roth IRAs, allow you to convert funds you’ve saved in a pre-tax account like a traditional IRA into Roth dollars. This transaction is favored by individuals whose income limits prevent them from contributing to Roth accounts and enjoying the benefits … Read More
Multifamily real estate investments can provide a considerable income, especially if the property is high value, such as a large condominium complex in a posh vacation location. The benefits of investing in large and lucrative multifamily properties are significant. But, if you prefer to invest on your … Read More
The retirement saving tips for children in this article are aimed to help you teach your child how important it is to be financially secure in their golden years. As with any lesson, this may take some time. But your efforts will provide a solid foundation for … Read More
There are three ways you can fund your retirement account. Of course, you can always make a cash contribution to the account if that contribution falls within annual limits. But if you own an existing retirement plan, IRA transfers and rollovers allow you to move funds from … Read More
