The main advantage of a Roth IRA over a Traditional IRA is that if you qualify to make contributions, all distributions from the IRA are…
IRA Financial Group’s Solo 401(k) Plan allows participants to elect to treat contributions under the plan that would otherwise be elective deferrals as designated Roth…
In addition to the significant tax benefits in using a Self-Directed Roth IRA LLC to make investments, the Roth IRA also offers a number of…
The main advantage of a Roth IRA over a Traditional IRA is that if you qualify to make contributions, all distributions from the IRA are…
Like an IRA, for 2013, an IRA holder may make a maximum annual contribution of $5500 or $6500 if the IRA holder is over the…
IRA Financial Group, the leading provider of self directed Roth IRA LLC structures announces the introduction of its stretch self directed Roth IRA. Unlike the…
In addition to making Roth 401(k) contributions, which if one is under the age of 50 is $165,500 for 2011 and $22,,000 for those over the age of 50, one can also make Roth IRA Contributions
The first major advantage of a 401K or Solo 401K plan over an IRA is in the area of annual contributions.
Sometimes, navigating through the different types of retirement accounts can really be confusing because there is so much information about retirement accounts. In most instances, an individual will only have knowledge of the retirement accounts that are offered to them by their employers, which may be a 401K or a pension. These accounts are generally managed by a third-party administrator; although you are able choose which investment vehicles you want to invest your pre-tax dollars in, once you make that choice, you are stuck with it. This is not to say that 401Ks should not be invested into because if there is a company match then it would behoove you to take advantage of free money; however, just with any other investment it is always a good idea to diversify. A self directed IRA is an excellent way to manage your retirement dollars because you can choose whichever investment vehicles you would like to invest it, from real estate to raw land to high risk stocks.
There are several ways to save effectively for the long term: a Self Directed IRA, a self directed IRA LLC, a Self Directed Roth IRA, a Self Directed IRA real estate. Notice that all these options are self directed which means that the account holder is the one who makes the decisions about where his or her funds are allocated, for how long, and in what amount. After all, it is to the benefit of the account holder to see that the money grows and that he or she prospers.