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 […]
Buying Real Estate with Your SDIRA? Your Lending Options
Lending options have been limited since 2008 when the credit market seized up, but that’s all changing now. As the housing market strengthens, more and more lenders are emerging with new, creative programs. This is excellent news for real estate investors who want to take advantage of today’s incredible deals. So what are your lending […]
Investing is Made Easier with an IRA LLC
Curious about an IRA LLC, but a little confused on what they are, and how they benefit investors? We have a couple of answers to your questions. What is an LLC? Basically, an IRA LLC is a way for you to take back more control over your retirement investing. It’s a special Limited Liability Company […]
Using a Self-Directed IRA to Buy and Sell Property
Self-directed IRAs are the less offered and lesser known of the IRA options. That’s simply because they’re seen as needing too much effort to utilize correctly. The truth is that self-directed IRAs aren’t as complicated as they’re made out to be. Especially if you have the right custodian who offers the services you need to […]
A Guide for 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. Self-employed people don’t have 401Ks, and small business owners tend not offer them, citing the time and […]
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 […]
Understanding Real Estate Investment Trusts (REITs)
Get a better understanding of what REITs are and how you can incorporate them into your trading or investing strategy. What are REITs? A Real Estate Investment Trust (REIT) is a security that trades like a stock on the major exchanges and owns—and in most cases operates—income-producing real estate or related assets. Many REITs are […]
Best Performing Assets for When a Recession Hits
When the market is soaring, it’s easy to forget that what goes up can also come down. But economic slowdowns tend to be cyclical, which means that another recession is in the future. Whether it’s fast-approaching or still a ways off, it’s wise to be prepared for its eventuality. This way, you won’t join the […]
Utilizing your IRA to Buy and Sell Real Estate
Self-directed IRAs are the less offered and lesser known of the IRA options. That’s simply because they’re seen as needing too much effort to utilize correctly. The truth is that self-directed IRAs aren’t as complicated as they’re made out to be. Especially if you have the right custodian who offers the services you need to […]
Self-Directed 401K Plans Broken Down and Explained
A self-directed 401K lets you invest as you see fit. You can choose your own mutual funds, stocks and bonds rather than sticking to the pre-made funds typically associated with a retirement savings account. You can even invest in more unconventional assets like real estate and commodities if your employer allows it. The types of […]