Under a new law known as the SECURE Act 2.0, starting in 2024 you can convert any unused 529 assets to Roth IRAs belonging to beneficiaries without incurring income taxes or 10%…
Category: Blog
Can You Partially Rollover an IRA?
A partial rollover involves moving only part of your retirement funds from one account to another. While this type of transfer is permitted by the IRS, it’s important that you familiarize yourself…
Can I Hold Gold in My IRA?
Many investors are curious to understand the advantages of including precious metals investments in their IRA portfolio. Not only can precious metals provide diversification benefits and long-term appreciation. Investors should keep in…
Can You Buy Gold With a Roth IRA?
Gold IRAs are individual retirement accounts that enable investors to purchase precious metals physically. Traditional or Roth, this account follows all the same rules as any other IRA. Contribution limits, required minimum…
Can I Buy QQQ in My Roth IRA?
The Invesco QQQ ETF tracks the Nasdaq-100 Index and is known for its heavy emphasis on technology stocks like Microsoft and Apple – making it an excellent option for younger Roth IRA…
Do Gold Buyers Report to the IRS?
Many individuals who purchase gold are unclear on its tax implications, including whether or not you need to report it to the Internal Revenue Service (IRS). Ultimately, whether this requirement exists depends…
Where Can I Store My IRA Gold?
Home storage of Gold IRA investments is no longer possible as required by IRS rules; precious metals must instead be held at an approved depository to comply with regulations and protect your…
Can You Buy Gold With an IRA?
The IRS has outlined specific rules regarding how physical gold may be held within an IRA account, so you’ll need to locate an independent custodian with experience managing precious metals for storage…
Is There Anything Better Than a Roth IRA?
If your retirement tax bracket will be lower, a Roth IRA is an effective way to prepare for future withdrawals tax-free. By paying taxes upfront on contributions made to this account, then…
How Does a Gold IRA Work?
Gold and other precious metals are eligible assets in a self-directed IRA, provided it meets IRS regulations. To do this, choose a dealer, custodian and depository that comply with IRS rules for…