Investing in Options Using a Self-Directed IRA
Trading in short-term options has become a popular investment strategy for many investors using personal funds. However, a growing number of investors who have been dealing with a high short-term capital gains tax, have been looking for a more tax advantageous strategy. Enter the Self-Directed IRA. This article will explore how option trading works and explain […]
Can I Buy a Business with my Retirement Account?
ROBS to buy a business is ideal for investors who want to be actively involved in the business without triggering prohibited transaction rules.
Self-Directed IRA Custodian
Your self-directed IRA custodian must be thoroughly researched. It’s important they your custodian can answer all of your general and specific questions related to your retirement structure.
Rollover as Business Startup Compliance Rules
Rollover as Business Startup Compliancy – we provide 5 steps to ensure your ROBS structure remains compliant to the IRS and ERIS rules/procedures.
ROBS 401(k) Plan Contribution Rules & Limits for 2024
The Rollover Business Start-Up Solution (“ROBS”) is the only legal way one can use retirement funds to start or fund a business involving the retirement account holder or a lineal descendant. Whether you are starting a new business/franchise or buying an existing one, the ROBS solution will allow you to accomplish your business goals – […]
Solo 401k & ERISA – The Law
What is ERISA? The Employee Retirement Income Security Act of 1974 (ERISA), enacted September 2, 1974, is an American federal statute that establishes minimum standards for pension plans in private industry and provides for extensive rules on the federal income tax effects of transactions associated with employee benefit plans. ERISA contained sweeping changes in the […]
Solo 401k vs. Self-Directed IRA
In terms of choosing the Solo 401k vs. Self-Directed IRA LLC, participants should choose the Solo 401k plan if eligible. The robust features of the Solo 401k plan offer more advantages than the Self-Directed IRA, which we explain in this article. Key Points If you have self-employment income, the Solo 401k is the far better […]
Why Choose a Solo 401(k) vs. SIMPLE IRA?
A SIMPLE IRA plan is similar to a Solo 401k Plan in that it is funded by employee deferrals and additional employer contributions. However, unlike a Solo 401k 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 […]
Solo 401k Eligibility & Plan Setup
The eligibility requirements for starting a Solo 401(k) plan are very straightforward. In this article, we’ll explain who can establish a Solo 401(k).
Taking RMDs from Retirement Accounts
As we approach the end of the year, it’s time to start getting your retirement accounts in order. There are certain things you must do, depending on your age and the type of account(s) you have. Today, we are going to look at required minimum distributions or RMD. Taking RMDs must be done by anyone […]
