A SIMPLE IRA stands for Savings Incentive Match Plan for Employees, it’s a type of retirement account for small businesses, and for people who are self-employed. It works like a Traditional IRA, where your contributions grow tax-deferred. When it comes time for retirement, your distributions are taxed as normal income. SEP IRA vs. SIMPLE IRA […]
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Your IRA and Unintended UBTI
UBTI stands for unrelated business taxable income. It’s the tax placed on the income earned from an unrelated business, regardless of the tax filing status. How UBTI works For our example, say an investor were to use their IRA to fund and start up a small business like a yoga studio. A yoga studio is a business not necessarily related to the primary principle of […]
It’s Almost Tax Day, How You Can Prepare
The deadline for filing and submitting your 2016 tax returns is April 18th, 2017, rather than the regular annual date of April 15th. We only get those three days after taxes were stalled until January 23rd of this year. It leaves precious little time to trim and prune your tax bill. The good news is […]
Meet Our New iOS App for iPhone and iPad
The IRA Central iOS app runs on the iOS platform for the Apple iPhone and iPad. With it, you’re able to access your IRA Central account in every way that you’re able to on IRACentral.com. In the palm of your hand, access your transaction history, documents, invoices, account summaries, and more. With mobile access, managing […]
Accupod Episode 2: What I Wish I Would Have Known – Accuplan’s Podcast
Remember when you were first starting to make financial decisions for yourself as a young adult? Do you remember the mistakes you made, either wittingly, or unwittingly? What do you wish you would do differently if anything? We all wish we had a time machine at one point or another, so what would you change […]
Accupod Episode 3: Investing in Real Estate with guest Ben Barker – Accuplan’s Podcast
Investing in real estate is one of the more lucrative types of investing, but it’s definitely not for the faint of heart. While it has it’s challenges, there’s also great reward, especially when it’s paired with a self-directed IRA. How is that done? That’s precisely what we talk about in this episode of Accupod! Don’t […]
Accupod Episode 4: How The Election Impacts the Economy – Accuplan’s Podcast
Did you know that’s it’s kind of expected for the stock market to drop and then gain on election night, on almost every election year? But yet, everyone is shocked when the market suddenly tanks. Do these fluctuations have a long-term impact on the US economy? That’s exactly what we’re discussing on episode 4, so […]
Accupod Episode 5: Investing in Gold Pros and Cons – Accuplan’s Podcast
Have you ever thought about investing? How about investing in gold? What are some misconceptions you may have, or have heard about investing in gold? Did you know that you can invest in gold using your self-directed IRA? We have all of those answers plus some in this episode of Accupod! Wonder no more, and […]
Accupod Episode 6: IOUSA Documentary Review – Accuplan’s Podcast
This week on our biweekly podcast, Nick and Tanya are discussing the 2007 documentary IOUSA. It addresses the growing national debt, and the consequences that the United States and its citizens will have to face. The documentary goes over 4 key deficits the US is facing: budget, savings, trade, and leadership. Are those deficits discussed […]
Here are The Top 5 Best and Worst Cities for Retirement
The golden years are great for many reasons: It’s often a time meant for relaxing, exploring and enjoying quality time with family. But figuring out where to retire to can be a bit trickier. Which place has the best health care? What kind of climate do you want? How much money are you willing to […]