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The answer is simple – it depends. The real answer has nothing to do with your age, but it may have everything to do with how long you want your money to survive. When it comes to accessing these funds, whose needs are greater, you or your IRA beneficiary? When you convert your traditional IRA […]
Continue ReadingOver the last year, our industry has seen a growing number of retirement investors looking to use self-directed IRAs to engage in private lending transactions in order to improve their retirement fund potential. This is because a self directed IRA gives you the option to loan money, similar to a bank. You choose the borrower, […]
Continue ReadingMy name is Radha Persaud and I am a founding member of NuView IRA, a Florida self-directed IRA administration company. It’s flattering to be known as a founder I must say. As I came on board, Entrust Administration Services was getting ready to change its name to NuView IRA. With the change, came many welcomed […]
Continue ReadingDid you know that 60% of working Americans have less than $25,000 put aside for retirement? Moreover, 30% of Americans have less than $1,000 saved for retirement! Among the individuals who do save money for their retirement, men tend to have more in their retirement funds than women. According to a recent study by The […]
Continue ReadingArticle by Glen Mather, President & CEO, NuView IRA, Inc: Thirty two years ago, this question was asked during the 1980 presidential debates, and one that is often reprised when the incumbent administration is faltering. But I couldn’t help but translate it to, “ is your dream of retirement more secure today than it was […]
Continue ReadingMy household situation is not as rare as it may seem. My wonderful 91 year-old mother lives with me, a very patient daughter-in-law, and four grandchildren. While God has blessed her with great health and vitality, I’m not sure that living with her son would have been her dream several decades ago when she was […]
Continue ReadingThanks to a seating assignment onboard the Monarch of the Seas on a cruise to the Bahamas, I was recently able to meet a delightful couple with whom we shared breakfast. When I inquired about what they do when they weren’t cruising, they said they were retired (partially). Come to find out, they live in […]
Continue ReadingAccording to the Investment Company Institute, there are 46 Million US households with IRAs. What is remarkable is the difference in those households that have an IRA, and those that do not. Assets of an IRA household were 8 times larger than those households that did not have an IRA. Eight times! While the IRA […]
Continue ReadingRegardless of your political opinions, Congress agreeing to keep taxes low while we are experiencing the highest deficit in our nation’s history may be unsustainable. As the House and Senate pass versions of bills that neither will sustain, the taxpayer is left more confused than ever. If you have already put funds into a traditional […]
Continue ReadingDuring Romney’s time at Bain Capital LLC, the company used a SEP-IRA that had a maximum contribution limit of about $30,000 per year. Assuming Romney maxed out these tax-deferred contributions, he would have invested approximately $450,000 in his individual retirement account during his tenure at Bain. BUT, he may have up to 227 times that […]
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