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 […]
Category: Self-Directed IRA
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 […]
Taxes, Contributions, and a Self-Directed IRA: Your Questions Answered
Ultimately, what makes or breaks a decision on what type of self-directed IRA is right for you will probably come down to tax structures within the account. That means it’s crucial to understand what these benefits mean, the limitations placed on them, and what that means to you. Self-directed IRAs are powerful tools that can […]
Why Not Both? Operating a 401K and an IRA Simultaneously
If you contribute to your 401K account, you may still contribute to a Roth IRA and/or a traditional IRA, as long as you meet the IRA’s eligibility requirements. However, if you wish to contribute to a traditional IRA and take a tax deduction for that contribution, depending on your income, your contribution to your employer’s […]
Start Rolling Over Your 401K to an IRA
When it comes to a 401K, you can take it with you from job to job, and in fact, you should, and it should be in the form of a 401K rollover. But making the most of the money you’ve built up means performing the rollover correctly. Here’s the four-step process for how to rollover […]
The IRS Has Released IRA Contributions Limits for 2020
Each year, the IRS announces IRA contributions and their limits, Traditional IRA deduction income limits, and Roth IRA contribution income limits. Not only is there a maximum amount that Americans can contribute to their IRAs each year, but not everyone is eligible for both types of IRAs. Click here for the self-directed IRA contribution limits […]
Roth IRA Contribution Limits for 2019
After six years of being stuck at $5,500, the amount IRA owners can contribute to an Individual Retirement Account is being bumped up to $6,000 for 2019. The amount you can contribute to a 401K or a similar employer-sponsored retirement plan goes up from $18,500 in 2018 to $19,000 in 2019. Catch-up contribution limits if […]
Accupod Episode 11: IRA LLC/Checkbook Control with Guest Ben Barker
This week, we’re discussing IRA LLCs. or as they’re also known, Checkbook Control. We brought on our expert Ben Barker to help us understand how they operate. […]
Accupod Episode 9: What is a Self-Directed IRA? Short version
What are your questions and concerns with self-directed IRAs? Here we have your answers! […]
New to Self-Directed IRAs? Here’s a Breakdown {infographic}
Self-directed IRAs are what we do best at Accuplan. They’re perfect for the investor that wants absolute control of their retirement funds, and know exactly what they want, and how they envision their future. But if you’re just starting out, say you’ve been funding your retirement accounts for the last 20 years or so, and […]