Consider factors like fees charged, investment options available to you and customer service when selecting an Individual Retirement Account (IRA) custodian. Fees could include annual account maintenance fees, loads imposed upon mutual…
Category: Blog
Self Directed IRA LLC
An LLC is an ideal way for Self-Directed IRA investors to manage their assets more directly, as it gives greater direct control of IRA assets while offering access to an LLC business…
Why is Gold a Dumb Investment?
Gold has long been considered an attractive way of protecting against inflation while offering long-term investment protection. Furthermore, many consider it less risky than stocks for their long-term returns. Physical gold hasn’t…
How Do I Set Up a Gold IRA?
The top gold IRA companies provide full disclosure on setup fees, annual maintenance fees, storage fees and costs associated with buying and selling precious metals. In addition, these businesses offer secure depository…
What Happens to a 457b After Leaving Job?
As with other retirement accounts, a 457b allows employees to set aside part of their salary in an account that can be invested in mutual funds and annuities tax-deferred. When withdrawals occur,…
What is the Best Thing to Do With an Inherited IRA?
When inheriting an IRA, there are multiple strategies available. Be sure to work with an expert advisor in deciding what approach would make the most sense for you and your needs. Rules…
Should I Have Gold in My Retirement Portfolio?
Gold can add diversification and hedge against inflation to your retirement portfolio, but before investing it’s important to do your research thoroughly and seek expert guidance. Physical precious metals such as coins…
How is GLD Taxed in IRA?
Gold IRAs provide investors with an attractive way to invest in physical precious metals without incurring ordinary income tax when withdrawing the assets from their accounts, though there can be potential pitfalls…
Is the 10% Penalty on Early Retirement Withdrawal Waiver For 2022?
As a rule, withdrawals made from retirement plans before age 59 1/2 will incur a 10% penalty; this includes distributions from IRAs, tax-deferred employer plans such as 401(k) and 403(b) plans, and…
What Are Considered Traditional IRAs?
Individual Retirement Accounts (IRAs) provide tax-deferred savings opportunities, but you will have to pay taxes when withdrawing the earnings from your IRA. IRAs offer an attractive alternative to workplace retirement plans, providing…