You’ve invested diligently for years and are now close to the day when you can finally withdraw from your retirement account. The last thing you want is a penalty for overdrawing from your account and paying taxes on your hard-earned gains. While most investors are aware of penalties for withdrawing from their IRA early, you can also be penalized if you don’t withdraw the appropriate amount of money from your retirement account each year. Knowing how to calculate your required minimum distribution can help you avoid unnecessary penalties that could diminish your investment.   Unl ..read more

Individual retirement accounts (IRAs) are the most popular retirement vehicle for individuals without employer-matching retirement plans. Using the tax advantages of a Traditional or Roth IRA, investors can save money in taxes when they place money in the stock market. However, self-directing your account allows you to move into a wider range of asset classes, including real estate, precious metals, and more. Learn how self-directed IRAs differ from regular IRAs and the benefits of self-directing your retirement account. Unlock tax-free wealth with real estate! download your free IRA guide ..read more

While most people are familiar with many standard self-directed IRA real estate investments, did you know you could also invest in other financial instruments, such as tax liens, mortgage notes, and trust deeds?  Trust deed investing is one of the many perks of signing up for a self-directed IRA. Under this strategy, investors can purchase a deed of trust holding real property during a real estate agreement and collect money on the loan until it is paid off.   The following guide on trust deed investing, including its advantages and disadvantages, can help you decide if this ..read more

IRAs have long been considered reliable investment vehicles. However, most traditional and Roth IRAs often limit customers to conventional investments, such as stocks, bonds, and mutual funds. If you are looking to diversify your retirement portfolio with alternative assets that offer the potential for higher returns, such as cryptocurrency, gold, and real estate, a self-directed IRA may be perfect for you. Opening an SDIRA is easier than you think! Let’s explore this powerful investment tool further to see if it can be a good fit with your long-term retirement plan. Unlock Tax Free Wealth ..read more

Want to reduce your 2023 income taxes ahead of the April 15 deadline? There’s still an opportunity for many to contribute to a Traditional Individual Retirement Account (IRA) and claim a higher deduction.  This is one of the few actions you can take post-year-end to lower last year’s tax bill, and thankfully, it’s straightforward. Money placed in a Traditional IRA can be deducted from your taxable income, thereby reducing the overall amount of income tax you owe for 2023. This simple strategy allows you to keep more of your money by diverting a portion of your taxable income to a Traditio ..read more

Self-directed IRAs offer the freedom and flexibility investors require to meet their retirement goals. However, investors often have to pay a premium to open and manage these accounts as they require special reporting requirements and additional regulation from the IRS. Self-directed IRA fees are unavoidable, but how much you pay depends on your custodian. Learn how self-directed IRA fees work, understand standard fees, and protect yourself against exorbitant fees. . Unlock tax free wealth. download your free ebook today. Do Self-Directed IRAs Have Fees? Yes, all self-directed IRAs have ..read more

A Solo 401(k)-also known as a one-participant 401(k) or self-directed 401(k)-is designed for a business owner without employees, but shares many of the benefits and rules as a standard 401(k). However, one benefit that exceeds traditional employee plans is the ability to take a loan from your Solo 401(k) to finance an investment or even a new home (term lengths differ for primary residences). With advantageous interest rates and no credit checks, taking a loan from a Solo 401(k) may be one compelling reason to open one, especially if you are looking for additional financing for your busines ..read more

Roth IRAs are a popular retirement vehicle that shields your earnings from capital gains taxes. In some instances, tax-savvy individuals can benefit from opening multiple Roth IRAs with different brokerages and custodians. This guide will explain everything you need to know about opening multiple Roth IRAs and the pros and cons of this strategy. unlock tax free wealth. download your free ebook today. Can You Have Multiple Roth IRAs? Yes, it’s important to establish that you can have more than one Roth IRA. You can also have a Roth IRA and other types of individual retirement accounts, su ..read more

Standard investment assets, like stocks and bonds, may present a common path for basic investors, but the associated returns don’t always lend themselves to strong, exponential growth.  Real estate, however, can provide that, all while creating a robust portfolio that can remain strong even through inflation and dystopian markets. As more and more people look to alternative assets for retirement, it becomes clear that your standard IRA is holding you back. Here’s everything you need to know about establishing a self-directed IRA to invest in real estate, including some essential self-di ..read more

Everyone wants to be a real estate investor, but are you comfortable with taking on the risk required to be one? One loophole you could explore to minimize your risk and still access capital for real estate is to use other people’s money (OPM). This simple but useful investment strategy has helped launch thousands of real estate portfolios and make people millions–all without using a dime of your own savings. This guide will explore ways to leverage OPM in real estate, including using loans, partners, and even other people’s retirement accounts. Unlock tax free wealth. download your free e ..read more