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.
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
Roth IRA conversions allow you to move some or all of the funds from your traditional IRA account into a Roth account. If you’re going to convert, you must do so by December 31st of the tax-reporting year. And, as you know, that deadline is coming up … Read More
Of the many avenues one can choose to save for retirement, the Roth IRA is one of the most popular retirement savings plans for today’s investors. Contributions to a Roth IRA are made after taxes, and the income you earn is tax-free. These benefits make Roth IRAs an … Read More
With a little advice and help from parents, it is entirely possible for teens to start saving now and build a million dollar IRA. Arming teens with knowledge and tools, along with the benefits of compound interest, is critical in helping them achieve a successful retirement future. If … 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 Additionally, all earnings grow tax-free—and can be withdrawn at the age … Read More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
Retirement planning isn’t easy these days, especially if you’re getting started late in the game. The amount of money you need to retire depends on many things including but not limited to the quality of life you desire in your golden years, whether or not you want … Read More
One of the main attractions of having a Roth IRA is that once you reach the age of 59 1/2 and have had a Roth account opened for five years, you qualify for tax-free distributions. There are a few quirks involved – but when performed properly, these … Read More
A recent article published by Money Magazine titled “1 in 3 Older Workers Likely to Be Poor or Near Poor In Retirement” states: A third of U.S. workers nearing retirement are destined to live in or near poverty after leaving their jobs, new research shows. One underlying cause: … Read More
Yes, time flies. Another year is coming to an end and soon we’ll all be ringing in the New Year. Over the next few weeks, many of us plan to attend holiday parties, shop for presents for our loved ones, and begin our lists of resolutions to make … Read More