John’s Blog — Tidbits on a Lot of Things

Recruitment of Real Estate Agents

While this post is written more from the standpoint of a real estate broker recruiting real estate agents, it is applicable to any professional real estate agent who is interested in their career. Can a self-directed 401(k) or self-directed IRA assist a real estate broker with the recruitment of real estate agents? Possibly. Many real estate brokerage offices take an…read more →

Unrelated Debt Financed Income (UDFI)

Many people start going down the path of creating a self-directed IRA and have never heard of the term Unrelated Debt Financed Income (UDFI).  And, when they visited with the company that established their self-directed IRA, the concept of Unrelated Debt Financed Income may not have even come up.  I mean, if an IRA is not planning on financially leveraging an…read more →

Self-Directed IRA LLC Valuations

All IRA custodians must report the FMV (Fair Market Valuation) of an IRA to the IRS annually.  So it is also true that self-directed IRA LLC valuations must be provided as well by the custodian to the IRS.  In the past, self-directed IRA LLC valuations may have simply consisted of the IRA account manager listing an actual dollar amount as of the…read more →

Gifting Life Insurance to Charity

Well, one thing about how I write blogs.  Whether they are written well or poorly, whether they capture the reader’s attention or not, I will get on a topic and continue to write on the same topic for a while.  We have been on the topic of various options for giving to charities, and one topic within this arena is…read more →

Various Gifting Options for Charities

There are various gifting options for charities that a charitably-minded individual might consider.  Using a self-directed IRA or 401(k) plan to donate is not necessary, however, an individual may wish to establish a self-directed plan during the accumulation years of their plan to grow their retirement account with the freed0m and flexibility they may desire.  Also, it actually may be easier …read more →

Charitable Gift Options Using a Self-Directed 401(k)

When individuals are considering charitable gift options they rarely consider the most logical source to do such gifting….the funds that are the most taxed for estate purposes.  Okay, more simply, retirement plan account funds….specifically, for most, IRA and 401(k) funds.  It almost seems as if a prospective donor never seriously considers using such funds and, in my opinion, the charitable…read more →

IRS Form 5500-EZ Relief Program for 401(k) Plans

As many people know, small business 401(k) plans that only cover and owner and, potentially, their spouse are required to file a Form 5500-EZ if they meet the requirements to do so based on either the amount of assets within the plan or if they are terminating the plan.  The IRS Form 5500-EZ relief program for 401(k) plans is a…read more →

Retirement Plans Holding Longevity Annuities

The IRS has finalized regulations pertaining to retirement plans holding longevity annuities and how it impacts RMDs (Required Minimum Distributions) of such plans.  While I just did a post on this, it is always nice to get words directly from the IRS/Department of Treasury. Retirement plans holding longevity annuities has been an item of interest within retirement plan designing as…read more →

Longevity Annuities in Retirement Plans

As of July 2, 2014, the IRS has provided regulations pertaining to RMD (Required Minimum Distributions) requirements with longevity annuities in retirement plans.  Typically, we may be speaking of an IRA, self-directed or not.  But, it could affect a 401(k) as well. In simple terms, think of  longevity annuities in retirement plans  as an annuity that is intended to benefit the participant in the…read more →

IRS Makes Forming a 501(c)(3) Easier

Since the last blog topic dealt with the concept of a 401(k) donating to charity, we might as well stay on a somewhat related topic pertaining to the reasons why the IRS makes forming a 501(c)(3) easier to establish a charitable entity.  Unlike all of the recent talk about the IRS 501(c)(4) organization approval inquiry , c4s deal with not-for-profit organizations that promote social welfare while c3s…read more →