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.
Many people prefer the Roth IRA to other retirement savings plans. The income grows tax free, and distributions in retirement from a Roth IRA are tax free, as well. Distributions from the plan are not included in your income, which can greatly reduce your income tax liability … 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
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
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
Roth IRAs offer several unique benefits that traditional IRAs do not. Contributions are made after tax, can be made after you reach 70 1/2 years of age, and distributions are not required by that age, either. Additionally, all earnings grow tax-free—and can be withdrawn at the age … Read More
There are tremendous tax advantages Roth IRAs have over traditional IRAs causing investors to move assets from taxable accounts into tax-free Roth plans. These plans can be self-directed, gaining additional benefits and flexibility to those saving for retirement.
What are conversions?
The IRS allows you to move assets from … Read More