More often then not people are more concerned about retiring at a specific age rather than at a specific income. If we were to have the mindset of George Foreman then we would be in a much smarter position for retiring. I am sure you have thought about the age you want to retire more […]
What is an IRA-LLC? What are the Prohibited Transactions?
At Accuplan we refer to an IRA-LLC as “ICO”. An IRA-LLC (ICO) is a special purpose limited liability company, which is either fully or partially owned by an individual retirement account (IRA) held with an IRA custodian such as American Estate & Trust, LC (“AET”). The IRA may be either a traditional IRA or a […]
ARE YOU READY TO PLAY MONOPOLY?! – You have experience with the little green house and are now ready for a red hotel!
ARE YOU READY TO PLAY MONOPOLY?! You have experience with the little green house and are now ready for a red hotel! MULTI-FAMILY TREND Multi-family properties are becoming more and more popular as a successful real estate investment. They are the top performer against not only single family homes but against other commercial investments as […]
Is your Retirement Plan Ready?
We are getting closer and closer to the start of another year. Which is a reminder for all to get your retirement accounts in order Have you maximized your contributions? Have you taken your required distributions? For more help making sure your retirement accounts are in order check out THE END IS COMING – Preparing […]
What is a Self-Directed 401k–or mySOP: How to Set One Up
Have you ever wanted to start your own business using your existing retirement funds without paying taxes on those funds? This is all possible through a self-directed 401k that we refer to as a mySOP. What is a mySOP (self-directed 401k)? An Employee Stock Ownership Plan referred to after this as a “mySOP”, is a […]
USING A PORTION OF A SELF-DIRECTED IRA TO PURCHASE AN INVESTMENT PROPERTY
USING A PORTION OF A SELF-DIRECTED IRA TO PURCHASE AN INVESTMENT PROPERTY What happens when your self-directed IRA is not purchasing an investment property all by itself? Maybe you are funding some of your investment with personal money and the IRA will pay for the rest. Or maybe your IRA does not have enough money […]
Is Financial Advice Always Sound?
I love reading about financial help and there is no shortage of it out there. It seems like everyone and their dog are dishing out financial help. You will find help on saving money, investing, retirement and so on. With so much information out there how do you know which information is good or bad? […]
Happy Thanksgiving from Accuplan
Happy Thanksgiving! We hope that you have a very safe and healthy start to your holiday season this week. No matter what you are thankful for we hope you can take a moment to remember what you are thankful for. […]
THE END IS COMING – Preparing for the Year’s End
THE END IS COMING! Our 2013 year is about to come to a close. Here are some year-end reminders for you. These rules apply to you if self-directed IRA is a Traditional (pre-tax) or Roth (after-tax). MAX IT OUT! Hitting the max out limit on your credit card, BOOOOOO! Hitting the max out limit in […]
Know Your Parents Financial Situation Before it’s too Late
Do you know your parents’ financial situation? If a medical emergency or old age incapacitates one or both of your parents do you have enough knowledge to know what to do with their bills? What about their retirement accounts? Do they have an IRA or 401K? If you do not know any of this information […]
Disqualified Transactions inside of an IRA
One of the greatest things about a self-directed IRA is that it gives you the ability to invest in non-traditional investments that are not allowed in regular IRAs. With that, you need to know what type of investments/transactions are not allowed. The IRS has outlined three things that are disqualified inside of a self-directed IRA. […]
What Types of Real Estate are Available in a Self Directed IRA
Self Directed IRAs give the ability to invest in alternative investments. One of the most popular investments into a self directed IRA is real estate. If you happen to be interested in moving your IRA into a self directed IRA to purchase real estate we are here to help. If you currently have a self […]