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.
A self-directed health savings account (HSA) follows the same IRS rules that a regular HSA does. Self-directed plans have the same annual contribution limits and eligibility requirements. They provide a way to build tax-free funds you can spend on qualified medical expenses throughout your lifetime. So, how … Read More
A health savings plan is a fantastic tool that can lessen the burden of health care costs now and in the future. Unused funds in the account roll over year after year, accumulating growth that can significantly supplement your retirement income. A self-directed health savings account gives … Read More
If you’re the type to plan, you probably created retirement and financial goals towards the end of last year. But perhaps you didn’t, or maybe you’re just beginning to start saving for retirement. Either way, this article provides a retirement planning checklist for 2023 that can get … 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