An LLC within your self-directed IRA can give you greater control and reduce transaction fees by bypassing custodian approval, but proper compliance must be ensured to avoid prohibited transactions that can compromise…
Category: Blog
Is Gold a Good Retirement Plan?
Gold can serve as an insurance against economic crises and financial uncertainty, and as an inflation hedge. However, physical gold investments can be costly due to storage and insurance fees as well…
Can Physical Gold Be Held in an IRA?
An Individual Retirement Account, or IRA, provides investors with tax benefits. Furthermore, diversifying and protecting against inflation is another benefit. Furthermore, gold ownership in an IRA has several drawbacks that need to…
Can I Move My 401k to an IRA Without Penalty?
Decisions surrounding whether or not to convert an existing retirement plan to an IRA can be difficult for many. An IRA typically offers greater investment options, lower fees and increased flexibility. Understanding…
Can You Hold Gold and Silver in an IRA?
Many investors are searching for ways to diversify their retirement savings, and precious metal investments offer one such solution during times of economic instability. Important to keep in mind is that only…
Can I Roll a 529 Plan Into a Roth IRA?
Parents, grandparents and other contributors to 529 savings plans may worry that their contributions are going unused – this would expose them to taxes and penalties on earnings from nonqualified withdrawals. Now,…
How Much Will a Roth IRA Grow in 10 Years?
Saving for retirement may seem intimidating and daunting. Time and compound interest work together to grow even modest contributions into a healthy nest egg over time. A Roth IRA might make sense…
Why is My IRA Losing Money?
IRAs can be invaluable tools for retirement savings, yet they can quickly lose value if not properly managed. Therefore, it is vital that you understand their risks and strategies to prevent losses…
Who Holds My Gold in a Gold IRA?
Gold IRAs enable you to invest in physical gold using pre-tax dollars. Your gold is then stored safely at an IRS-approved depository. To prevent yourself from incurring tax penalties, it’s crucial that…
Can You Partially Rollover an IRA?
When rolling over retirement assets, it’s essential to choose an institution with low fees and a range of investment options that offers low costs – in particular the 60-day rule and same…