What is a SIMPLE IRA?

September 28th, 2012

A SIMPLE IRA plan (Savings Incentive Match Plan for Employees) allows employees and employers to contribute to traditional IRAs set up for employees. It is ideally suited as a start-up retirement savings plan for small employers not currently sponsoring a retirement plan. This plan is available to any employer (including self-employed individuals) with 100 or […]

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Can I Serve as Realtor or Agent on my Self-Directed IRA Real Estate Purchase?

September 20th, 2012

The Internal Revenue Code does not describe what a self directed IRA can invest in, only what it cannot invest in. Internal Revenue Code Sections 408 & 4975 prohibits Disqualified Persons from engaging in certain type of transactions. Internal Revenue Code Section 4975(c)(1)(C) states that the direct or indirect furnishing of goods, services, or facilities between an […]

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Rethinking Stocks with a Self-Directed IRA

August 24th, 2012

If you are tired of being forced to invest all your hard earned retirement funds in the stock market, then a Self Directed IRA with Checkbook Control may be your answer.  With a Self Directed IRA with Checkbook Control or a Checkbook Control IRA, you will be able to better diversify and control your retirement […]

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Solo 401K Plan Maximum Contribution Calculator

August 20th, 2012

One of the major advantages of using a Solo 401K retirement plan over an IRA is the high annual contributions that one can make on an annual basis. Unlike an IRA, a Solo 401k plan allows a plan participant to make up to ten times the annual contributions to the Plan. The contributions can be […]

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Recent Trends in the Self Directed IRA LLC Solution

August 16th, 2012

One of the major advantages of the self-directed IRA LLC is that one can make traditional as well as non-traditional investments, such as real estate on a tax-deferred basis. Self Directed IRA LLC offers one the ability to use his or her retirement funds to make almost any type of investment on their own without […]

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If I Buy a Second Home to use personally with IRA Funds Can I live in It?

August 6th, 2012

When it comes to engaging in transaction with retirement funds, such as an IRA, the IRS and the Internal Revenue Code do not describe what a Self Directed IRA or retirement funds can invest in, only what it cannot invest in. Internal Revenue Code Sections 408 & 4975 prohibits Disqualified Persons from engaging in certain […]

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Can a Self-Directed IRA LLC Have More Than one IRA Owner?

August 6th, 2012

Yes – a self-directed IRA LLC  can have one IRA owner or more than IRA as a member of the LLC.  A self directed IRA LLC owned by one IRA is treated as a disregarded entity for federal income tax purposes.  Meaning the LLC is treated as a tax nothing, but is respected for limited […]

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Can I? Should I? Use my 401(k) to fund my business?

July 13th, 2012

Despite all the doom and gloom these days, small businesses are still chugging along and remain the heart and soul of the U.S. economy. Contrary to what you’ve heard, we still have a solid small business sector and a thriving services economy in health care, legal, information technology, plus specialty stores and services uniquely adopted the […]

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