What’s the Difference Between a Custodian and Checkbook Control Self Directed IRA?

January 23rd, 2017

Many IRA custodians advertise themselves as offering a Self Directed IRA, but what that really means is that you can direct your IRA as long as you direct into one of their offerings. In other words, in a custodian controlled self directed IRA, you are generally only permitted to invest your IRA funds in investments […]

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What Baby Boomers Need To Know About Required Minimum Distributions

January 20th, 2017

This article originally appeared on Forbes.com – Nearly a quarter of Americans were born between 1946 and 1964, the typical definition of the baby boom generation. That is more than 75 million people.  For baby boomers, the largest generation in U.S. history before the millennials, 2017 will begin a process where hundreds of billions of […]

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Advantages of Opening a Self-Directed IRA in 2017

January 17th, 2017

There are many advantages to opening a Self-Directed IRA – Tax Advantages: With the Self-Directed IRA LLC, you have all the tax advantages of traditional IRAs, as well as tax deferral and tax-free gains. All income and gains generated by your IRA investment will flow back to your IRA tax-free. By using a Self-Directed IRA […]

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How to Utilize a Self-Directed Roth IRA to Plan Your Estate

January 10th, 2017

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 very exciting estate planning opportunities. In general, a self-directed Roth IRA is an after-tax account that allows the Roth IRA holder to benefit from tax-free investment growth, so long as […]

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Cut Your 2016 Tax Bill by Contributing to Your IRA

January 9th, 2017

Did you know you can still save on taxes for 2016 by contributing to your IRA or Self-Directed IRA?  This is especially true if you are on the cusp of a higher tax bracket.  For example, if you are married and filing jointly, the 15% tax bracket is cut off at $75,300.  If your total […]

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What Reporting Requirements Exist for Traditional IRA holders?

January 4th, 2017

Individuals maintaining IRAs and surviving beneficiaries under IRAs must usually file an annual information return on Form 5329. Also, an individual maintaining an IRA must make an information filing for each year in which a nondeductible IRA contribution is made or a distribution is received from an IRA. The filing, which must be included with […]

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Beware The UBTI Rule When Investing In Real Estate With Retirement Funds

December 28th, 2016

This article originally appeared on Forbes.com – Since the creation of individual retirement accounts (“IRAs”) the Internal Revenue Service (“IRS”) has always permitted an IRA or other retirement account to purchase, hold, or flip real estate.   In fact, it states it right on the IRS website. By using a Self-Directed IRA or 401(k) plan, […]

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How Long Does Set-up Take for a Self-Directed IRA?

December 27th, 2016

The IRA Financial Group will take care of setting up your entire Self Directed IRA LLC structure in a matter of days. Our in-house tax and ERISA professionals will work with you directly to customize a structure that satisfies your tax and investment goals. The whole process can be handled by phone, email, fax, or […]

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