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
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
If you’re looking into retirement plans, you’re probably familiar with traditional IRAs. You may have heard about Roth IRAs, too. But when considering Roth IRAs vs. traditional IRAs—do you know the specific differences in the two plans? Both have a few of the same attributes, but the … Read More
Do you understand the difference between self-directed IRAs vs. traditional IRAs? Each plan is governed by the same IRS rules and enjoys tax-advantaged earning. A self-directed IRA is a traditional IRA, but it’s more powerful than the conventional traditional IRA. Self-directed IRAs give plan owners control over … Read More
The Roth IRA is one of the most popular plans for individuals who are saving for retirement. Self-directed Roth IRAs are even more powerful because they allow you to invest in alternative assets like real estate, private equity, private lending, and more. Understanding how self-directed Roth accounts … 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. The information below applies to typical and … Read More
If you want more control over your retirement funds and investing decisions, a checkbook control IRA is the account for you. Also known as a checkbook IRA or a checkbook IRA LLC, these entities make investing quick and easy because you can write checks directly from your … Read More
The purpose of a Roth IRA is for you to save for retirement. However, the IRS allows a bit of flexibility within these accounts that make them highly attractive. For example (and providing you qualify) you can take penalty-free withdrawals for buying a home for the first … Read More
With a little advice and help from parents, teens can build million-dollar IRAs, especially if they start saving early. Arming teens with knowledge and tools, along with the benefits of compound interest, is critical in helping them achieve a successful retirement future. If you have a teenager, you … Read More
Self-directed IRAs are becoming more widely known throughout the retirement planning crowd. In fact, their use has grown by 21 percent over the past few years and that number is expected to continue to rise as more individuals discover the power these plans provide. The checkbook control … Read More
