The pandemic has caused significant health and financial issues over the past two years. True to form, the stock market has played its typical part of rising and falling during this period of economic uncertainty and rising inflation. If your retirement plan has suffered or if you … Read More
Even though 2021 is almost over, you have time to implement a few retirement planning tax strategies that can impact your potential income tax liability due on April 15. These strategies can help you now and set you up for a successful 2022. This article is short, … Read More
The House Ways and Means Committee recently released proposed tax legislation intended to pay for President Biden’s $3.5 trillion infrastructure bill. Several provisions severely restrict your freedom to self-direct the investments in your IRA. Continue reading to find out how you can protect your self-directed IRA. Regardless of … Read More
How are your finances looking these days? Inflation is on the rise, making it tough for individuals and families to climb out of the coronavirus recession. If you are looking for ways to improve your financial health, then read on. The tips below can help you realign … Read More
Guest article written by Jessica Larson, SolopreneurJournal.com As an entrepreneur, one of the things you’re probably most passionate about (besides your family) is your business. Still, that doesn’t mean you want to be doing it forever. Eventually, you’ll want to retire. And, saving for retirement is crucial. When you … Read More
You may already know that real estate is a popular asset in self-directed retirement plans. But alternative investments to the stock market include much more than real estate. This asset class offers many possibilities beyond Wall Street stocks, bonds, and mutual funds. This article provides a deeper … 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
You don’t have to work for a big company to have a 401(k). Small business owners and self-employed individuals can open and contribute to an individual 401(k) and enjoy the same retirement-saving benefits that the traditional corporate plan offers. A self-directed solo 401(k) has the same features … Read More
Real estate has a long history of holding its value during tough economic times. Of course, that depends on the property, its location, and the potential use. But for a large number of investors, real estate is a tangible asset that appreciates over time, always retains some … Read More
In times of economic turmoil, people may feel they need to wait to wait to open a self-directed IRA. Some say they are hesitant to move forward until the market stabilizes. Others want to leave money in their stock account until they “recoup” their losses and get … Read More
