Choosing The Right Asset Type for your First Investment

January 7th, 2019

Investing can seem like a double-edged sword. Most people have heard about the importance of it, yet the options and risks sound impossibly intimidating. Too often, confusion and fear lead to doing nothing, because doing nothing at least feels safe from loss. However, as Money Under 30 explains, the apparent safety of doing nothing is […]

Roth IRA Contribution Limits for 2019

December 31st, 2018

After six years of being stuck at $5,500, the amount IRA owners can contribute to an Individual Retirement Account is being bumped up to $6,000 for 2019. The amount you can contribute to a 401K or a similar employer-sponsored retirement plan goes up from $18,500 in 2018 to $19,000 in 2019. Catch-up contribution limits if […]

What to do if your Retirement Savings Falls Short

December 24th, 2018

With so many older workers approaching their retirement years with meager savings, the big question is: What can they do to improve their financial security in retirement? If you’re in your 50s or older, working longer — even by a few months — has a much greater impact on your ultimate retirement income than saving […]

A Guide to Non-Recourse Loans in an IRA

December 17th, 2018

What is a non-recourse loan? When real estate is purchased through a self-directed IRA using leverage, the IRS requires a non-recourse loan. The main difference between a non-recourse loan and a recourse loan is which assets a lender can go after if a borrower fails to repay the loan. Non-recourse debt is usually limited to a 50-60% […]

Protecting your Retirement from a Financial Crisis

December 10th, 2018

So first thing’s first, I’m not the fear-mongering type. I personally really hate it when pundits prey on people’s worst instincts. But there is, unfortunately, something to be said for financial forecasting, right? It’s more (at least somewhat) more science-based, and less I’ve-got-a-feeling-something-bad-is-gonna-happen. There are patterns and signs for what’s to come, and we know […]