Contribution limits for self-directed IRAs largely remain the same for 2021 as they were for 2020. As of 2020 and now through 2020, annual contribution limits are at $6,000 for savers under 50, and an annual contribution of $7,000 for those 50 or over. It’s important to note that these limits apply across all IRA […]
Category: Self-Directed IRA Rules
Why These Self-Directed IRA Rules Are Important
You being able to invest in what you want is equally as important as you become familiar with the rules and laws involved. It can definitely be overwhelming, but it’s not at all impossible to go from novice to knowledgeable. The reason we stress this so much is that is due to the off chance […]
What are the IRA Types Someone can Hold?
An IRA is an account for individuals. Whether or not they have an employer 401K program that they’re contributing to already, or if they just want to save more money for retirement. There are a lot of reasons why people choose to open an IRA, but the main reason is independence. You’re given a choice […]
Rules and Limitations for Owning Real Estate Through an IRA
Buying real estate through your IRA is a lucrative and competitive business. It can substantially increase the return on your IRA’s investment, and make for a big, cushiony retirement nest egg. One of the biggest reasons that more people don’t take advantage of owning a real estate IRA is all the rules and confusion that […]
The Rules of Buying Property with your Real Estate IRA
Real estate is one of the most sought-after and lucrative hard asset types that investors love. It’s popular because it’s not just single-family homes, but commercial real estate, farmland, business parks, apartment complexes, and more.What most Americans don’t know is that you’re allowed to invest in these types of real estate with your self-directed IRA, […]
What’s Prohibited Within your Self-Directed IRA?
Before opening a self-directed IRA, it’s important to know the rules that are in place. Failure to understand, to partake in prohibited transactions, or deal with disqualified persons can have serious implications like the disqualification of your self-directed IRA, which may lead to penalties and taxes. The good news is that it’s pretty easy to […]
Self Directed IRA Rules Are Crucial To Know
Self-Directed IRA Rules It is very important that you understand the rules related to Self-Directed IRA and 401k investing. I recently read an excellent article by the Wall Street Journal where someone was not familiar with the self-directed IRA rules related to self-directed IRA investing and their entire IRA became disqualified. There are many investment benefits […]