IRAs offer an ideal way of saving for retirement. Their tax advantages provide compound growth over time as well as tax breaks. Just about anyone with earned income can open an IRA….
Category: Blog
Does the IRS Audit a Self Directed IRA?
Self-directed IRAs provide more freedom, flexibility, and investment options; however, they also carry greater risks and require careful compliance with IRS rules. One of the key rules governing an IRA investment is…
What Are the 3 Types of IRAs?
There are three primary types of Individual Retirement Accounts (IRAs). Each provides different tax benefits and investment opportunities. No matter whether your retirement goals involve employer-sponsored plans like 401(k), or saving alone,…
Is IRA Gold Safe?
Gold has long been considered an attractive form of diversification for retirement savings portfolios, due to its track record in retaining value during economic instability and inflationary periods. Finding a company with…
What Happens After Elliott Wave 5?
Elliott made accurate stock market predictions based on reliable characteristics he discovered in wave patterns. His theory held that prices always alternated between an impulsive and corrective phase on all trend time…
Precious Metals Are Allowed in an IRA
Precious metals offer retirement funds a secure haven from currency devaluations, political and financial crises and inflation. Precious metals eligible for investment within an IRA account include gold and silver coins with…
Self Directed IRAs and IRS Code 408 M3
After years of aggressive marketing efforts from precious metals dealers, it has become widely known that self-directed IRAs may invest in alternative assets such as IRS approved coins and bullion/precious metals, yet…
Taxes on IRA Withdrawals
IRA withdrawals generally incur ordinary income tax and a 10-percent penalty; however, there are exceptions. One is to use it for medical expenses; another for purchasing or rebuilding a first home; you…
Which ETFs Are Good For Roth IRA?
When selecting ETFs suitable for your Roth IRA, it’s essential to keep in mind your risk tolerance and time horizon as well as ensure stability over speculation. Young investors looking for long-term…
Is it Better to Invest in Gold Or Stocks?
Stocks offer high returns and the potential for growth, while gold has traditionally been seen as a secure investment option. Which investment best meets your financial goals and risk profile depends on…
