Why These Self-Directed IRA Rules Are Important

August 6th, 2018

You being able to invest in what you want is equally as important as you become familiar with the rules and laws involved. It can definitely be overwhelming, but it’s not at all impossible to go from novice to knowledgeable. The reason we stress this so much is that is due to the off chance […]

A Breakdown of Retirement Terms and What They Mean

July 30th, 2018

Don’t let the retirement industry terms confuse you, or deter you from pursuing your own retirement account. Here are a handful of the must-know terms to help you get your toes into the pool. Custodian An IRA custodian is a financial institution like a bank, credit union or trust company that acts as a bank. IRA custodians […]

Self-Directed IRA Rules and IRS Regulations

July 23rd, 2018

If you’re new to the retirement world, you may be feeling overwhelmed by the amount of jargon and rules. If you familiarize yourself with the essential rules, you can avoid penalties, and reach your retirement goals. Disqualified persons One of the easier ways someone can violate self-directed IRA rules is by not understanding who exactly is […]

Get Yourself Caught up on Retirement Savings

July 16th, 2018

If you’re struggling to get that retirement savings tucked away, don’t stress. It’s unfortunately not uncommon for Americans to have trouble in this department. Or for Americans to have trouble saving at all. Whether it’s low-wages to blame or pressure to keep-up-with-the-Joneses, we’re flat out bad at it. The good news is that there are […]

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 […]