3 Tips to Protect Your IRA From Creditors
You can protect your IRA from creditor by setting up a self-directed IRA LLC. IRA protection is also dependent on what state you live in. Nevada offers the maximum asset creditor protection of all states.
Solo 401(k) vs. SEP IRA: Which is Better?
The Solo 401(k) vs. SEP IRA is important to know for small business owners and the self-employed. There are more benefits with the Solo 401(k) Plan, like higher contributions and a tax-free loan.
Why Choose a Solo 401(k) vs. SIMPLE IRA?
A SIMPLE IRA plan is similar to a Solo 401(k) plan in that it is funded by employee deferrals and additional employer contributions. However, unlike a Solo 401(k) Plan, a SIMPLE IRA plan uses an IRA-type trust to hold contributions for each employee, rather than a single plan trust that is typical of a traditional […]
The Self-Directed IRA Trust
Generally speaking, using a trust versus an LLC for your Self-Directed IRA is not the wisest choice since there is no asset protection, among other things.
Breaking News: IRS Extends RMD Relief Through 2024
Breaking News: IRS Extends RMD Relief Through 2024 Powered By EmbedPress Description IRA Financial Adam Bergman breaks down the IRS extension for required minimum distribution (RMD) relief. How does this affect you? Tune in to find out! Let AI pick your perfect Self-Directed solution! Try our AI tool Related Posts
Swanson v. Commissioner, 106 T.C. 76 (1996)
Swanson v. Commissioner, 106 T.C. 76 (1996) Swanson v. Commissioner, 106 T.C. 76 (1996) is a landmark case confirming the ability of IRAs to create and invest in entities. Let’s delve into the details: Background: Mr. Swanson, the central figure in this case, orchestrated a strategic move involving his IRAs. He set up two corporations, […]
Hedge Fund with a Self-Directed IRA LLC
Using a Self-Directed IRA LLC To Invest in a Hedge Fund. The leading provider of Checkbook Control Self Directed IRA LLC Plans.
LLC Annual Report Fees for Self-Directed IRA LLC
Each Self-Directed IRA LLC client is solely responsible for the filing and complete payment of the applicable LLC annual report and/or franchise fees.
Solo 401k Checkbook Control Structure
The Solo 401k checkbook control structure simplifies how you can purchase investments. By establishing a bank account for your plan, you can write a check, use a debit card, or wire funds on the spot. Solo 401k Retirement Plan A Solo 401k is perfect for sole proprietors, small businesses, and independent contractors. A Solo 401k […]
Self-Directed Gold IRA
Holding gold in a Self-Directed IRA is legal as long as you follow the specific rules stated by the IRS. Gold must be physically held by a U.S. trustee.
