Podcast | Ideal Strategy For Tax-Free Wealth
May 3, 2021
Retirement Accounts
Investing in Real Estate with a SDIRA: Everything You Need To Know
September 30, 2020
A self-directed individual retirement account (SDIRA) gives you the advantage of investing in alternative assets, such as real estate. It enables you to diversify your retirement portfolio and grow the funds higher. Continue reading…
Self-Directed Individual 401k Plan: Advantages, Eligibility & Contributions Limits
August 10, 2020
A Self-Directed Solo 401(k) plan is an IRS-approved and qualified 401k plan. It is designed for a self-employed sole proprietor, a corporation, or a limited liability company. The participant can make contributions as both the employee & the employer; hence can enjoy higher contribution limits.
Continue reading…And the “Good News” About COVID-19 Is? Rollover Options
July 6, 2020
America has been taught to save through payroll deductions and investments in company sponsored plans such as 401k, 403b, 457, and Thrift Savings Plans. While these plans have grown to over $5.7 Trillion,1 the provisions can be rigid and the investment choices very limited. Truth is most employer plans require you to either leave the company or achieve the age of at least 59.5 years before you are allowed to take a distribution (or roll-over) of your retirement funds.
Continue reading…Is A Roth Conversion Right For You?
June 1, 2020
During these turbulent times, Benjamin Franklin’s famous idiom in his letter to Jean-Baptist Le Roy rings true, “…but in this world, nothing can be said to be certain, except death and taxes.” While taxes may be inevitable, there are some strategies that can be implemented that will prevent filing your returns from feeling like a do-it-yourself mugging. We’re not going to touch on the complicated and convoluted tax strategies of the uber-wealthy, there’s something much simpler that’s certainly worth considering and likely worth doing- a Roth conversion.
Continue reading…7 Essential Things Everyone Must Know Before Starting a Self Directed IRA
April 26, 2020
A Self-Directed Individual Retirement Account (SDIRA) is a retirement savings account. A type of traditional or Roth IRA and with identical IRA contribution limits, an SDIRA is for saving for your retirement on the basis of tax-advantages. The difference between an SDIRA and IRA lies in the number of investment options. In addition to all the IRA allowed options, such as stocks, bonds, mutual funds, and other investments; SDIRAs allow you more options, such as rental properties, a privately-held company, etc. It is needless to mention that more options mean a bigger, more secure investment for your lifetime period. Continue reading…
The CARES Act of 2020: How Are Retirement Plans Affected?
April 15, 2020
The Coronavirus Aid, Relief, and Economic Security, or “CARES Act” – the third emergency bill that Congress has passed in response to the novel coronavirus (COVID-19) pandemic – was signed into law on Friday, March 27, 2020. The CARES Act contains certain relief provisions for qualified retirement plans and IRAs.
