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.
The number of investors and retirement savers seeking an alternative investment strategy is growing. The volatility of the stock market over the past few years has private investors, retirement planning firms, and investment brokerages exploring non-traditional alternatives to supplement their portfolios. Wall Street offerings are clearly not … Read More
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
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
Do you want a retirement plan for your business that offers more flexibility, higher contribution limits, and other big benefits than you get with a traditional IRA? How about a plan that allows you to invest in things like real estate, private equity, and gold? If you’re … Read More
With inflation and interest rates still on the rise, it’s more important than ever to create a solid financial plan that includes saving for retirement. Below are important IRA contribution deadlines, as well as those for solo 401(k)s, ESAs, and HSAs, and each plan’s annual limit.
You’ll also … Read More
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
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
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
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