Year End Reminders for IRA LLC & Solo 401(k) Clients

Year End Reminders for IRA LLC & Solo 401(k) Clients

Year End Reminders for IRA LLC & Solo 401(k) Clients By Jordan Sheppherd IRA LLC Clients You’ll be receiving a year-end valuation letter from your IRA Custodian asking you to list the value of the IRA LLC. These forms don’t require a list of the LLC’s holdings,...
IRS Releases 2018 Retirement Contribution Limits

IRS Releases 2018 Retirement Contribution Limits

IRS Releases 2018 Retirement Contribution Limits By Jordan Sheppherd The IRS just released Notice 2017-64 (https://www.irs.gov/pub/irs-drop/n-17-64.pdf) making some changes, starting in 2018, to contribution limits of retirement accounts. You can click the link above...
Bitcoin and the Check Book IRA LLC

Bitcoin and the Check Book IRA LLC

Bitcoin and the Check Book IRA LLC By Jordan Sheppherd Unless you’ve been living under a rock for the past few years, you’ve probably heard of something called Bitcoin, perhaps digital currencies, crypto-currencies, or all of the above. Perhaps it piqued your...
Converting to a Roth? Try This

Converting to a Roth? Try This

Converting to a Roth? Try this. By Jordan Sheppherd Roth IRAs and Roth 401(k)s are wonderful, because they’re after-tax accounts; it doesn’t matter how large your Roth account might grow, all of it is available to you at retirement age completely tax-free. Peter...
Personal Guarantee on a Solo 401(k) Loan? Maybe.

Personal Guarantee on a Solo 401(k) Loan? Maybe.

Personal Guarantee on a Solo 401(k) Loan? Maybe. By Jordan Sheppherd We all know (or should know), that personally guaranteeing a loan, made to your Self-Directed IRA, IRA LLC, or Solo 401(k) is prohibited. Because of the self-dealing rules in Sec. 4975 of the tax...