Active investors from any generation are more likely to avoid tax problems by choosing a self-directed IRA with checkbook control. According to researchers, millennials in their 20s and 30s described as active investors are likely to withdrawal from their IRAs. Taking early withdrawals from retirement accounts often means a 10 percent tax penalty. In contrast, baby [...]
Can you picture a reality in which you get to play golf, vacation or simply spend time with friends while covering the costs with passive income? This is how retirement should be and with a self-directed IRA checkbook plan, it is easy to create safe and passive income by investing in rental real estate. Owning a rental property [...]
Opening up a self-directed IRA is a wise move whether you feel interested in making bold investment moves or something rather safe. The key benefit of a self-directed IRA is the fact that you are in control. By working with a self-directed IRA provider that helps aggressive and conservative investors with the legal paperwork, you have greater [...]
The American Eagle Silver Bullion Coin is the only coin that is considered investment-grade and can be used as an investment to fund Individual Retirement Accounts (IRAs) in the United States. The United States Internal Revenue Service (IRS) exempts the precious metal coins from IRS 1099 reporting. Global investment banks around the world also accept the [...]
For many members of Generation X and baby boomers, the clock is ticking for retirement. Many people in their 40s, 50s and 60s lack sufficient retirement savings, according to experts. To get the most progress, it pays to start an ambitious investing plan. Owning acheckbook control IRA allows you to invest more efficiently for retirement. [...]
Trust deed investing can be a great way to grow your IRA. First, let’s understand what trust deed investing is and how it works. In essence, it is when one individual loans money to another individual with real estate as collateral. A deed to the property is given to an independent third-party who handles the [...]
For anyone in the 50 and over crowd, or approaching 50 this year, there is an opportunity to make retirement contributions that exceed the regular contribution limits. This is known as a catch-up contribution. Catch up contributions are like an extra boost for those nearing the end of the race and getting ready for retirement. Taking advantage [...]
Investors are often wary about putting their money into anything but traditional offerings like individual stocks, bonds and mutual funds: they are simply becoming more risk averse and turning to so-called “safer” investment" choices. Unfortunately, such “safer” choices can come with a history of lower and volatile returns. Ideally, investors should seek advice on how [...]
So you're dissatisfied with the limitations of your traditional Individual Retirement Account (IRA) investing and would like to have more control over your financial destiny. You understand the regulations and the risks and liabilities of self-directed IRA investing, or you're prepared to find out. You're a risk-taker and feel comfortable that risks are worth the benefits [...]
When people hear about self-directed IRA accounts, they jump to the conclusion that only aggressive investors buy alternative investments. However, many conservative investors move money from a traditional IRA or 401(k) account into a self-directed IRA so they can protect their assets. The best self-directed IRA for conservative investors includes ones that allows real estate, precious metals, [...]
