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.
Millions of investors are seeking professional advice for investing trillions of dollars in U.S. retirement assets. Understanding and embracing self-directed IRAs means a new source of clients, investors, and capital.
April 15th is going to be upon us before we know it. So, it’s time to start preparing your taxes and strategizing with your income tax professional. One item at the top of your to-do list should be about 2019 contribution limits to your retirement plans. Depending … Read More
IRAs are one of several ways you finance your retirement. You may have a pension plan and/or Social Security benefits along with personal savings, but IRA tax benefits play a critical role in your savings strategy to retire in style. It is well known that the savings you … Read More
This is an excellent question. What happens if you contributed more to your IRA than allowed? Often, these mistakes are caught around the time your trusty CPA is preparing your taxes. Hopefully, they catch the error in time to make adjustments that may ease the 6 percent … Read More
As you know, the IRS raised contribution limits on some retirement plans. This is good news, because the more you can sock away, the more compound interest works for you. Additionally, depending on the type of account you have—contributions are tax-deductible, which can decrease your income tax … Read More
Did you max out the contribution limits in your retirement plan for 2017? If not, you still have time. In fact, you can make last-minute IRA and 401(k) contributions for 2017 to get a head-start on your contributions for 2018 right now, before you file taxes for … Read More
This year is almost over, with only a few months to go until we ring in 2018. While those of us at Advanta IRA have no desire to make time fly more than it already does, there are some contribution limits and retirement plan deadlines you need … Read More
You have until April 18, 2017 to make the deadline (or file an extension) for submitting your income taxes to the IRS. You also have until that date to open and/or contribute to a few retirement plans if you want those contributions to count on 2016’s tax … Read More
Out with the old and in with the new—that’s what new years are all about! In regards to retirement planning, one thing the new year brings is updated contribution limits from the IRS. And, the new limits are out now, giving you a chance to start your … Read More
Most of us are well aware that not only are our federal tax returns due on April 15 every year, but that is also the deadline for contributions to be made in our individual retirement accounts for that tax-filing year. However, this year, these deadlines have been … Read More
In October the IRS released the contribution limits for 2016—such as they are because not much changed. Why? The cost-of-living index did not meet the requirements needed for a change in limits, meaning that inflation this year was low. (Sigh.) Knowing what the contribution limits are for your … Read More