How Due Diligence Works in a Self-Directed IRA

A self-directed IRA allows investors to pick investments based on the owners’ experience and expertise. Choosing your assets 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, it would be best if you vetted your investments. That’s not something […]

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Why Millennials Need To Start Saving for Retirement Now (And How To Get Started)

Millennials have less of a safety net than the generations before them. In fact, retirement will be different for millennials than it is for the baby boomer generation. Student loan debts — coupled with the fact that they lived through a recession and face higher-than-average unemployment and job insecurity rates — mean that retirement is […]

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Inflation Can and Will Deplete Your Self-Directed IRA Gains – How to Fight it

Inflation is something most Americans are thinking and talking about a lot lately. Not only does inflation impact the prices of consumer goods; but the federal government also uses it as a benchmark in determining whether to increase contribution limits to qualified retirement plans or to raise monthly Social Security benefits. On an individual level, […]

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A Look at the 2022 IRA Contribution Limits (updated for 2022)

Business Account Contribution Limits: SEP IRA Contribution Limits Solo 401K Contribution Limits SIMPLE IRA Contribution Limits Individual Account Contribution Limits: Traditional IRA Contribution Limits Roth IRA Contribution Limits Contribution Limits for 2022 Current 401K contributions for 2021 are maxed out at $19,500 for savers under the age of 50, and max at $26,000 for savers […]

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SEP, SIMPLE, and Solo 401K: Small Business Retirement Savings Plans

Running a small business or being self-employed can offer flexibility, freedom and control over your earning potential. While the perks are plentiful, there’s one thing that’s usually missing when you own a small business: an employer-sponsored retirement plan. As a small business owner, it’s pretty common that you’re going to be the one wearing many, […]

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A Beginner’s Guide to Investing in Gold – Updated for 2021

Gold has a long history as a “safe harbor” asset, guarding portfolios against stock market volatility, currency fluctuation, and more, over the years. With the price of gold on a steady drop compared to all-time highs a year ago, as other asset classes, including cryptocurrency, have appreciated, many gold enthusiasts worry whether or not the precious metal is holding its […]

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