It’s not hard to understand why investors love real estate. It works to hedge against market volatility, diversify an investment portfolio, and provide a tangible asset option outside of paper assets. Real estate as an investment is a great way to generate passive income, but one hurdle for many would-be investors is the money required […]
How Due Diligence Works in a Self-Directed IRA
With a self-directed IRA, you can pick your own investments based on your own experience and expertise. This gives you the freedom to grow and build your retirement in ways most investors never imagine. But with this freedom comes some added responsibility, specifically, you need to perform due diligence, and vet your own investments. That’s […]
What is a PPM Investment Within a Self-Directed IRA?
PPMs are also called Private Placements or Private Equity, and it’s a type of investment into privately-held entities like small businesses to big corporations. Those who are in search of investors often report that obtaining capital from retirement funds in a self-directed IRA is simpler and faster than seeking loans from banks. And for those […]
What Novice Investors Need to Know About SDIRAs
A self-directed IRA is, simply put, a type of retirement savings account that permits you to invest in nearly any type of asset you want using tax-advantaged strategies to do so. Put simply, an IRA is simply a retirement vehicle. The term self-directed has emerged because so many companies serving as custodians of these accounts […]
How to Put Some Extra Money in Your Pocket After Retirement
There are many reasons why you might want some extra cash in your pocket after retirement. Maybe you want to fill extra time with an activity you enjoy, or you’re looking to pursue a new passion. Perhaps you want to continue to save for retirement while funding your child’s college tuition. No matter why you […]
Should You Save for Your Kid’s College or for Retirement?
Saving money isn’t easy. If you’re trying to save money for retirement — and for your child’s college tuition — at the same time, you know just how difficult it can be. Fortunately, with proper financial planning, you should be able to comfortably accomplish both goals. Funding Your Retirement If you’re like many individuals, you […]
Getting Started: What’s Taxable in Retirement and What’s Not?
Here are tips for minimizing taxes in retirement. The first step to minimizing your taxes in retirement is knowing what is taxable and what is not. You can then take steps to avoid or limit taxes on your investments. Here is how the IRS treats the most common sources of retirement funding. Income: You owe […]
What Happens to Your Unused Retirement Account Contributions?
Do you know what happened to that money you contributed to your employer’s 401K program? Are you worried it’s lost for good? Don’t fret, we’ve got you covered on what happens to your unused retirement money. Did you quit? If you have more than $5,000 invested in your 401K, most plans allow you to leave […]
Know Your Business Retirement Accounts: Simple IRA, SEP, Solo 401K and ESOP (Updated for 2021)
Being aware of the different types of self-employed retirement accounts that are available to you is important to get the most out of your retirement and retirement planning. The accounts that are available to most employees are your typical IRA and 401K with Roth and Traditional kickers. However, your account options are much more plentiful […]
What Investors Need to Ask Their Self-Directed IRA Provider
Making the decision to self-direct your own retirement account is simple. Selecting the right self-directed IRA provider is fairly straightforward — at least on the surface. But not every self-directed IRA provider or administrator is right for every self-directed investor. With that in mind, there are a few questions you should ask before making them […]