IRA Financial Blog
Insights, strategies, and expert answers on self-directed retirement, taxes, and alternative investing.
Essential Self-Directed IRA Rules: Dos and Don’ts
Navigating Self-Directed IRA rules is key to avoiding penalties and optimizing your retirement portfolio. This guide covers prohibited transactions,…
Do I need an EIN for my Solo 401(k)?
The Solo 401(k) plan, also known as an Individual 401(k) plan, has become the most popular retirement plan for the self-employed or small business…
Capital Gains Tax in an IRA: Understanding Tax and the Self-Directed IRA
Capital gains taxes have been a notable contributor for the growth of the U.S. economy over the last several decades. By providing investors with…
Solo 401(k) Rules for a Single Member LLC
The single member LLC is one of the most popular vehicles for establishing a business. Assuming you qualify, the Solo 401(k) plan is the best option…
Top Tips for Accurate Self-Directed IRA Tax Reporting
Confused about Self-Directed IRA tax reporting? This article breaks down what you need to know, including key IRS forms, how to report different…
IRA Rollover – How to Perform One Properly
Did you know that IRA rollovers are one of the most common ways to fund your Individual Retirement Account (IRA)? Further, the most common type of…
What Can You Use a Health Savings Account For? | Best Uses for Your Health Savings Account (HSA)
Curious about “what can you use a health savings account for?" HSAs are versatile and can cover medical, dental, vision, and even some surprising…
Discount Valuations for Family Limited Partnerships (FLPs)
Family Limited Partnerships (FLPs) have long been a favored tool in estate planning, offering a way to transfer wealth between family members while…
College Students and the Roth IRA
Why should college students open and contribute to a Roth IRA? Key Takeaways A Roth IRA lets students start saving early with tax-free growth.…
ROBS 401(k) Pros and Cons: A Clear Guide to Business Financing
Thinking about using your 401(k) to fund a new business? Before you dive in, it’s crucial to understand the ROBS 401(k) pros and cons of using…
Coverdell ESA vs. 529 Plan – Which One is Better?
Choosing between a Coverdell ESA vs. 529 plan comes down to a few different factors. Both plans allow you to put aside money in a tax advantageous…
Asset and Creditor Protection for the Self-Directed IRA
Asset and creditor protection is an essential part of safeguarding the wealth in your Self-Directed IRA. Lawsuits, creditors, and unexpected…