Interest rates measure how much a lender will receive after money is borrowed. Rates are often tied to inflation, which is when the power of every U.S. dollar lent out decreases quickly or over a period of time. Several factors can affect interest rates, such as: As interest rates rise, the price of gold is […]
Economic downturns and inflation could impact your life savings and retirement nest egg. Recessions are a regular part of economic cycles, so one will inevitably occur at some point. However, no one can accurately predict when a downturn will occur or whether it will be mild or severe. Though it’s impossible to precisely forecast recessions, […]
Gold is a valuable asset used for centuries as a currency. In addition to its use as money, Gold also has specific benefits when investing. For example, a gold IRA can help to improve a retirement account by giving investors access to this precious metal. What is the history of Gold, and how can it […]
When it comes to saving for your health care expenses, you have several options. One plan you might consider is a health savings account (HSA), a type of savings account that allows you to save for and pay health care expenses with tax-free savings. With careful planning, an HSA can be a significant asset as […]
Individual retirement accounts are one of the best ways to grow your money for retirement. To clarify, an Individual Retirement Account is an account that allows you to set aside money for retirement and grow your savings tax-deferred. […]
An individual retirement account (IRA) allows you to save for retirement, even if you don’t have a plan provided by an employer. IRAs can offer tax advantages, such as deducting your contribution the year you make them or withdrawing your contributions and earnings tax-free in retirement. A self-directed IRA (SDIRA) lets you take advantage of […]
When you’re self-directing your IRA, it’s up to you to do the proper due diligence and research before investing. This means learning about all of the different investment options available to you and ensuring that each one is a good fit for your portfolio. It also includes investigating potential investments thoroughly before putting your money in them. The following are a few steps to help you do proper due diligence when investing in a self-directed IRA. […]
When it comes to investing your retirement account money into real estate, there are a few rules you need to be aware of. These rules are in place to ensure that you don’t disqualify your IRA when making these investments. […]
The cannabis industry is booming, and many people are looking to invest in this burgeoning market. Many have asked us here at Accuplan, “can I invest in cannabis with my IRA or 401k?” The answer is a bit of a gray area, but we’ll try to clear it up for you. Here is what you […]
Cryptocurrencies are an exciting new investment option. Bitcoin, the most well-known Cryptocurrency and the first in existence, has seen massive growth in value in recent years. With so much growth, bitcoin’s value has skyrocketed to over $40,000 and was once worth over $60,000. Highlights Invest Through Your Retirement Account An IRA or 401k is a […]
We know that people are concerned about precious metals investing in their self-directed IRA due to the recent selloff in metals and commodities in general. It’s easy to get concerned when you see corrections all the way to the mid-1500s for gold. But, you have to ask yourself why would gold suddenly just fall out […]
Choosing where to focus your finances may prove difficult with all the available options. There are benefits and drawbacks to every important financial decision. You may choose to build your savings before paying off debt. You may want to eliminate your debt before saving for retirement or save enough cash to start investing. Ultimately, prioritization […]
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