When selecting an IRA provider, consulting a tax professional is your best bet to making an informed decision based on your specific financial circumstances. Understanding fees when rolling over a retirement account…
Category: Blog
Can I Be the Custodian of My Own IRA?
Custodians must ensure investors abide by IRS rules when investing, including being knowledgeable in regulations governing self-directed IRAs and warning clients against engaging in prohibited transactions. Finding out which IRA custodian charges…
The Advantages of a Trusted IRA
Trusteed IRAs are becoming more prevalent among financial institutions. While a separate trust may serve as the beneficiary for an IRA, trusteed IRAs provide several advantages: They allow an IRA owner to…
Can You Buy Gold Bullion in a Roth IRA?
Physical gold investments can provide an excellent hedge against inflation. But before making your purchase, it’s essential to educate yourself on your options and be familiar with them before beginning investing. Make…
Is it Better to Buy Gold Or Gold ETF?
Gold ETFs provide an efficient and cost-effective means of diversifying a portfolio with exposure to gold. Before investing, however, it is crucial to assess your investment horizon as well as each fund’s…
What Type of Stocks Should I Put in My Roth IRA?
IRAs allow you to hold shares of individual stocks and ETFs that focus on growth. According to traditional investing wisdom, younger investors can allocate a greater percentage of their portfolio towards such…
Is a Gold IRA a Good Investment?
Gold IRAs must adhere to all of the same contribution limits, penalties for early withdrawal and required minimum distribution rules that govern traditional pre-tax IRAs, Roth IRAs and SEP IRAs; additionally they…
How is Gold Taxed in an IRA?
Gold IRAs provide investors with significant tax benefits; however, it’s essential that they understand how the IRS views these investments before deciding to open one. Gains from gold held in an IRA…
Can I Hold Cryptocurrency in a Self-Directed IRA?
Cryptocurrencies have recently made headlines, as an alternative asset offering the promise of high returns with minimal transaction costs. As with any investment, cryptocurrency requires thorough research and due diligence before diving…
Tax Implications of Transferring a 401(k) to an IRA
IRAs can provide numerous advantages over 401(k) plans, including lower fees and greater investment options. Before making your choice, however, it is essential that you consider your investing goals before settling on…