Posts Tagged "self directed ira"

Self-Directed IRA — Ugh!! Let’s Do A Rah-Rah for the SD 401K!!

In the world of self-directed IRA custodians and IRA administrators, what is the common thread?  Well, if you said establishing self-directed IRA plans for its clients…give yourself a gold star!  Whether these companies are establishing your IRA plan with or without checkbook control, they are still establishing a self-directed IRA.  Are these plans of benefit to you, especially if you…read more →

IRA Fees Higher than 401Ks — Consider Taking Control

Ah, when mud-slinging occurs between which retirement plan has the highest fees, IRA managers usually say that 401K plan fees are the bandits and vice-versa for the 401K plan managers talking about IRA fees.  But, is there some straight skinny on which retirement plan, generally speaking, has the highest fee structures? In a recent survey from Eric Rosenbaum of CNBC,…read more →

Checkbook Control 401K vs. Trustee Control 401K — What’s the Difference?

In the self-directed IRA and self-directed 401K industry, a very common marketing term often used to explain one’s potential to invest in assets other than stocks, bonds and mutual funds is “checkbook control IRAs or 401Ks” .  You know what I am talking about…..the “big boys” will  limit your investment options but you MIGHT have an interest in investing into…read more →

Self-Directed IRA Investment Verification

In the past, many self-directed IRA custodians merely accepted a written (e.g., fax, mail, email) IRA investment verification from a client when they wished to move funds from their self-directed IRA. The request for funds could be to fund an investment or make a distribution. With true self-directed IRA plans, these requests for funds will typically be associated with funding…read more →

Self-Directed 401K — How About NO CUSTODIAN Requirement?!

Ah, you have done all your research on self-directed IRA plans, you learn about all the IRS regulations and Prohibited Transactions affecting both IRA and 401K plans, and you even are trying to determine whether you should establish a Roth IRA or possibly do a Roth IRA conversion with your current funds. Undoubtedly, in your research, you quickly learned that…read more →

Self-Directed IRA — LLC Asset Protection

For those of you who have done research on self-directed IRAs (Tradional IRA, Roth IRA, SEP IRA), you soon find the term IRA LLC. Why? Well, as an IRA must be “held” by an IRS-approved IRA custodian, IF the IRA account holder wants to secure fiduciary control (e.g., checkbook control) of the assets of the IRA, there has to be…read more →

Can an IRA be Co-Jointly Owned? Oh…Don’t Ask!

Many married folks have an IRA….whether it is a Traditional IRA, Roth IRA or SEP. Being married and wanting to establish a self-directed IRA, many married individuals want to combine each of their IRAs into one IRA account or have their respetive IRA co-jointly owned by the other spouse as well. This is not permissible and the following video will…read more →

Self-Directed IRA & 401K — Legal Alert — A Prohibited Transaction that You May Not Even Know About

A Prohibited Transaction that you may not even know about is what the IRS refers to as “self-dealing” between a retirement plan and the account owner (disqualified individual). Specifically, and related to this post, the IRS stipulates that a Prohibited Transaction has occurred if (please note this is a particial list): Any of the following acts between the plan and…read more →

Self-Directed IRA — Why an F May Be Better Than an A or a C!

Whether it be a self-directed Roth IRA, Traditional IRA or SEP IRA, learn why it might be important to you to save money on IRA custodian fees AND have full control of your IRA retirement plan and retirement savings. You see, in the world of self-direction, you typically have the options of utilizing a IRA Facilitator, IRA Administrator or IRA…read more →

My 401K and Self-Directed 401K — Assistance from the IRS?!

Well, not really.  But, whether you are establishing any type of IRA (Traditional, Roth, SIMPLE, SEP) or any 401K or other qualified plan (e.g., 403(b), 457), you may want to take advantage of a new tool the IRS recently published. Now, before you jump up and down with excitement about this new tool that can help you with retirement planning…read more →