IRA Rules & Regulations
SECURE Act 2.0 & New SEP Roth IRA Contributions
SECURE Act 2.0 give small business owners the option to make SEP Roth IRA contributions starting in 2023.
April 20, 2023
Self-Directed IRA
Can I be an Officer of a Company my IRA will Invest In?
The prohibited transaction rules dictate when an IRA investment can be made – being an officer at a company doesn’t automatically preclude it from being invested in.
February 21, 2023
IRA Rules & Regulations
Real Estate UBTI – When Does it Apply?
In Mauldin v. Comr. 195 F.2d 714 (10th Cir. 1952), the court explained that there is no fixed formula or rule of thumb for determining
February 4, 2023
IRA Rules & Regulations
New 2023 RMD Rules You Need to Know
As you get closer to retirement age, you need to be mindful of the required minimum distribution (RMD) rules so you are withdrawing the required amount once you reach age 73.
January 31, 2023
Self-Directed IRA
Keep Your Self-Directed IRA LLC in IRS Compliance
It’s important to keep your Self-Directed IRA LLC in IRS compliance so that you do not lose the tax advantages of the plan.
January 24, 2023
Self-Directed IRA
SECURE Act 2.0 Provisions Impacting Self-Directed IRAs
SECURE Act 2.0 provisions related to Self-Directed IRAs will help you better save for retirement and mitigate penalties on a mistake that is made.
January 5, 2023
IRA Rules & Regulations
Secure 2.0 – A Detailed Summary for IRAs, Self-Directed IRAs, Solo 401(k), and 401(K) Plans
An important and wide range of retirement-related provisions known as “Secure 2.0” has been included as part of the 4000 page, $1.7 trillion spending bill that would fund the federal government for 2023.
December 22, 2022
Self-Directed IRA
Hardship Distribution Rules for a Self-Directed IRA
The hardship distribution rules allow for penalty-free access of IRA funds before reaching the age of 59 1/2, though taxes would still be due.
November 23, 2022
IRA Rules & Regulations
Required Minimum Distribution Rules
In general, excluding Roth IRAs, retirement plans, including Self-Directed IRAs and Solo 401(k) plans are subject to required minimum distributions (RMDs). The RMD rules are
September 15, 2022
IRA Rules & Regulations
What Not To Do With Your Checkbook IRA
The Self-Directed IRA LLC with checkbook control is a powerful savings tool, but what can’t you do with a Checkbook IRA?
July 18, 2022
