Blog
Can You Retire in a Home Purchased With Your IRA?
The short answer is yes. However, as with most retirement strategies, there is a little more involved.
You Can’t Do That! Prohibited Transactions 101
This is the first post in a new series we will be doing, entitled “You
Can’t Do That!” In this series, we will be examining transactions that would be considered prohibited under IRC 26.
Another World Bank
BRICS (a group composed of the leaders of Brazil, Russia, India, China and South Africa) has created a Shanghai based development bank; similar to a mini IMF (International Monetary Fund) and the Eastern Worlds answer to the Western World Bank. Plans were announced...
Fast-Tracking Funds to Your New IRA – Liquidating Your Assets
So you’re ready to start a Check Book IRA; you’ve done the research, you’ve found an investment you believe in, you’ve made the decision to take control of your retirement funds.
Choosing a LLC Name
Picking a LLC name can prove to be a daunting task. Many clients draw a blank when they have to figure out what they want to name the LLC their IRA will own. This post will give you some pointers to keep in mind about coming up with a name for the LLC. First, let’s...
$72 million in Gold replaced with worthless metal
One more reason to get physical possession of your IRA precious metals. Even though you can only hold American Eagles in a CBIRA at least you've got possession. You have to feel for this guy. The South China Morning Post (SCMP) reported that Hong Kong police are...
Can I Co-Invest with My IRA?
Can I Co-Invest with My IRA? A Client asked: A close friend of mine wants to borrow $100,000 short term and is willing to pay an interest rate of 10%. He has good credit and a lot of collateral. I feel it would be a great loan for my IRA to make. The problem is I only...
What is a Registered Agent and Do I Really Need One?
What is a Registered Agent and Do I Really Need One? By Jordan Sheppherd Registered Agent and the IRA LLCAccording to Wikipedia – A Registered Agent (sometimes called a Statutory Agent) is a business or individual designated to receive service of process (SOP) when a...
How My Dad Escaped Obamacare
I've found it. I've found a way to escape Obamacare. Actually Dad found it, but because I like sharing cool stuff with our clients and readers, I'm going to go through how even in the face of rising insurance rates, he was able to cut his medical coverage costs in...
Gold Backed By “Nothing”, Says Journalist
Gold Backed By "Nothing", says Journalist
Rollover Vs. Transfer
Rollover Vs. Transfer What you should know about rolling over your 401(k), 403(b), TSP or transferring your IRA First off, this discussion is not intended as tax advice or a step-by-step guide. Instead, it will give you a general summary of the difference between a...
CASH Offers on Homes for Sale Beating out the Competition
“Why this isn’t a good trend” Real estate is on the upswing again; the question is what is driving the market? It doesn’t appear to be jobs or a rise in the employed sector as unemployment remains steady at 7.2% per the US Department of Labor Bureau of Statistics. ...
$20 Burgers?
That's bull! Or is it? While most Americans managed to survive fairly well without the government for two weeks......surviving without a burger for that long is another story. However, given the recent disasters to the cattle market in the Panhandle as well as a...
Small Company Retirement Plans Fail To Compete
Small businesses are under fire after a recent report, titled “The Retirement Readiness Imperative Report,” aptly demonstrated the sorry state of retirement benefits for employees of these companies. Released in October 2013 by the Transamerica Center for Retirement...
Is “HealthCare.gov” Already Sick?
October 1st was the launch date for the government's new website [www.healthcare.gov] for healthcare enrollment commonly referred to as Obamacare. And after just two weeks the diagnosis is.......sickly. The site is slow and full of errors that are frustrating people...
Gold: Diversification And Security
Mainstream investment advice has regularly recommended investment in stocks as the primary path to a secure retirement. However, as recent economic events make evident, relying exclusively or even primarily on the stock market, carries tremendous risk. Thousands of...
Economic Instability Means Time For Gold
The uncertainty of a resolution to the debt-ceiling crisis has resulted in gold falling in price. In this regard, gold acts like many other commodities such as oil and copper. However, gold is not like other commodities; gold is not consumed or used like oil, wheat,...
Can I Have a Roth Check Book IRA?
Can I Have a Roth Check Book IRA? By Alisha Bennett Yes, you can. To paraphrase: As you know, the beauty of a Roth IRA is that earnings are tax free. Part of this comes down to deciding that you are either saving money now with a standard IRA where contributions are...
Will a Check Book IRA Work for Me?
Will a Check Book IRA Work for Me? By Alisha Bennett So... is the Check Book IRA LLC the right investment vehicle for you? Absolutely, if the following apply to you: …if you have the opportunity to invest in real estate, tax liens, precious metals or other...
Social Security
There may be good reason as to why people are afraid social security will run out. The Social Security trust fund, after all, will be gone by 2033. Many people are reacting to this by snatching their social security as soon as they can. People may be worried that they...
Retirement: Fear Forces Action
Fear and anxiety are often good motivators to create plans of action. In the case of retirement planning, that is some welcome news. While many of us envision a blissful retirement, the reality is often different and more difficult than our dreams. The basic reasons...
How to Get Started with a Check Book IRA
How to Get Started with a Check Book IRA By Alisha Bennett If all of this is new to you, and you’re wondering, “Where do I start to find out about the Check Book IRA?”, then this article should be helpful. First – Read and understand the definitions of the following:...
Becoming an Investor
Decided to start investing rather than simply saving? It’s the natural next step to want to convert savings cash into investment opportunities to get more from your money in the long term.
Spousal IRA: Maximize Your Savings
Many Americans, by choice or by circumstance, find themselves as the sole bread winner in their family. One spouse works while the other stays at home to take care of the family or look for work themselves. In either case, despite the financial situation, saving for...
