We continue to hear over and over again that saving for retirement is a must. Are we as Americans getting the big picture though? There is a growing trend that sure makes me worried. We happen to be acquiring more debt than what we are saving for retirement. Get the full story.. […]
Month: October 2013
FAQ About Precious Metals IRAs Including Gold & Silver IRAs
One common investment into a self-directed IRA is precious metals. Many people like having a gold backed IRA because they own real gold. It doesn’t matter if you decide to have a gold IRA, silver IRA or other precious metals IRA you will own the real precious metal that you add to your IRA. If […]
Top 10 Mistakes People Make with Self Directed IRAs Part 2
We are continuing a post that we started last week entitled Top 10 Mistakes People Make with Self-Directed IRAs Part 1. As we continue this post we will now touch on five more mistakes that are common among self-directed IRAs. As always, we are here to help those of you who need a self-directed IRA […]
Top 10 Mistakes People Make with Self Directed IRAs Part 1
It can be hard sometimes to make sure your doing everything correctly with your self directed IRA. We want to help make sure you do not make the mistakes that are most common. If you have any questions about the following information feel free to contact us. Making a personal guaranteeThe IRA account owner is […]
Interesting Retirement Statistics
I am a numbers man. I love looking at numbers and analyzing them to see what they mean. One thing is for certain about numbers, it can be fairly easy to spin the numbers in just about any way to prove a point you are trying to prove. Regardless, numbers are numbers and they do […]
Taxation of Self Directed IRA Accounts
Taxation of IRA accounts Before you invest in a self-directed IRA it is important to understand the tax ramifications related to IRAs. The two common questions that I get related to taxation of self-directed IRA’s are: What are the tax ramifications of a Self Directed IRA? My investor lost all of my self-directed IRA money. […]
Self Directed IRA Services
We have discussed in-depthly what a self directed IRA is but lets recap for those still learning about these accounts. Self directed IRA – An IRA account that you directly control and direct into investments of your choosing. A few common options for investments inside your self directed IRA are real estate, businesses, gold and […]
Numbers Show that Americans aren’t Saving. How Bad is it Really?
A week ago I did a post on how the trend for retirement has been fading for quite some time. Today I take a look into concrete numbers of what this downward trend is actually doing to retitement confidence and americans retirement accounts. Most of the information comes from the 2013 Retirement Confidence Survey. After looking at the data here are some of my initial thoughts. […]
Self-Directed Real Estate IRA vs. 1031 Exchange
If you have a rental property in a self-directed IRA can you use a 1031 exchange to sell it? First, let’s explain what a Self Directed Real Estate IRA and 1031 exchange is so you know the differences. A Self Directed IRA is an IRA account that you directly control and direct into investments of […]