A Simple Explanation of a SIMPLE IRA

July 9th, 2018

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 […]

Control your Investments With a Checkbook IRA

July 6th, 2018

  Do you have an IRA or a 401K? According to the Federal Reserve’s Survey of Consumer Finances, in 2013, about 45 percent of households aged 25 to 64 had balances in retirement accounts. Do those 45 percent of Americans know what their retirement accounts are invested in? Most likely not, and that doesn’t bother […]

Bitcoin isn’t for Everyone – Invest in Tangible Assets

June 18th, 2018

There can be no question that Bitcoin has posted impressive gains in recent months. As of mid-December 2017, the world’s most well-known cryptocurrency broke through the $17,700 price point, up from just $4,751 at the end of August 2017. As of mid-June 2018, Bitcoin’s price point is at $6,718. Despite the large profits that the […]

Using a Self-Directed IRA to Invest in Real Estate

June 14th, 2018

Investing in real estate with any amount of money starting is not only possible, it is one of the best ways to build sustainable wealth over time. Many of the world’s greatest fortunes were built this way, and the financial markets now support many kinds of relatively safe and easily understood vehicles that provide investors […]