How Will the End of the Obama-Era MyRA Impact Retirement

August 7th, 2017

  On Friday the 28th of July, the Trump administration announced that they’re shutting down the Obama-era retirement program called ‘myRA’. The program was aimed at allowing mainly low-income earners, and also those who don’t have a savings program at their work a chance to save for retirement. The Treasury announced the program termination because […]

The Main Six Self-Directed IRA Real Estate Rules

July 24th, 2017

It needs to be stated that there are definitely more self-directed IRA real estate rules to follow. These are just a handful of rules to get you started on thinking about real estate. Is it right for you? Do you suppose you can easily follow these rules? Keep it separate You and your IRA have […]

A Simple Explanation of a SIMPLE IRA

July 17th, 2017

A SIMPLE IRA stands for Savings Incentive Match Plan for Employees, it’s a type of retirement account for small businesses, and for people who are self-employed. It works like a Traditional IRA, where your contributions grow tax-deferred. When it comes time for retirement, your distributions are taxed as normal income. SEP IRA vs. SIMPLE IRA […]