In general, the Social Security Administration does not impose restrictions or limits on savings accounts or investment income. Passive income such as rental property rental income or investments does not exceed SSA…
Category: Blog
Is Traditional IRA Better Than 401k?
Traditional IRAs are tax-advantaged retirement accounts that enable individuals to save and invest money tax-deferred until retirement. Traditional IRAs provide individuals with more investment choices than 401(k) plans, including mutual funds and…
Can I Open a Gold IRA?
Gold can help diversify your retirement account portfolio and safeguard assets against inflation. But before making this commitment, make sure you fully comprehend all fees involved. Look for companies with transparent pricing…
Can You Put Precious Metals in an IRA?
Many investors invest in gold as part of their retirement portfolio diversification efforts, yet investing in precious metals requires the use of an actual self-directed IRA which is only offered by select…
How Do You Hold Gold in a Roth IRA?
Gold IRAs enable individuals to invest in physical precious metals while taking advantage of all the same tax advantages associated with traditional retirement accounts – providing protection from inflation and economic instability…
Why Does My IRA Have a Custodian?
Individual Retirement Accounts (IRAs) are required by federal law to have a custodian. Custodians perform various duties related to compliance with IRS regulations. Find a custodian that provides the account types you’re…
Where Does Glenn Beck Get His Money?
Glenn Beck is a New York Times best-selling author, radio host and television personality who founded Mercury One to revitalize human spirits both locally and globally. Conservative media figure Glenn Beck rose…
What is an IRA Backed by Gold?
Gold IRAs are self-directed retirement accounts that enable investors to invest in precious metals. These accounts may be established either with pretax funds or Roth IRA funds and can hold coins and…
Where is the Best Place to Invest in an IRA?
An ideal IRA investment platform includes brokerages that provide multiple investment options and strong trading platforms, like Merrill Edge’s human financial advisors who offer guidance at multiple physical locations. Vanguard is an…
Can I Create an IRA for Myself?
IRAs can be opened at numerous investment firms, mutual fund companies, banks and robo-advisors. When choosing where to open an IRA account, take time to compare management fees, commissions and opening requirements…