IRA No-No's: Things That Aren't Allowed in IRAs

IRA No-No’s: 12 Things That Aren’t Allowed in IRAs

Self-Directed IRAs offer account holders an incredible amount of freedom. This freedom is one of the biggest draws for IRAs. You have control over the asset mix. Within each asset class, you can control how much is purchased and when. You can even purchase alternative assets like IRS-eligible precious metals, real estate, and private equity.…

Self-Directed IRA Contributions: Rules & Tips

Self-Directed IRA Contribution Rules and Tips

New to IRAs? Get a quick rundown of IRA contributions—how much and how to make them—and, most importantly, how to make the most of them. Learn about Self-Directed IRA requirements and contribution limits. How Much Can You Contribute to a Self-Directed IRA? For 2020, the maximum contribution to a Self-Directed IRA—in the form of a…

Are Gold IRAs Safe?

Are Gold IRAs Safe?

When you’re planning for your golden years, there’s one word you want to associate with your future—safe. Which is why you might be wondering, “Are gold IRAs safe?” The term “safe” means something is shielded, sheltered, or guarded. Here, we explain why gold IRAs can be safe from setup, storage, and hedge standpoints. The Security…

Gold IRAs: Did You Know?

Precious metal IRAs are individual retirement accounts specifically designed to assist with wealth management and financial hedging. The types of IRAs work similar to standard IRAs but utilize gold instead of paper money, which has increased market volatility. Millions of Americans have depended on gold as a means of wealth protection throughout history and there…

Are Self-Directed IRAs a Good Idea?

Are Self-Directed IRAs a Good Idea?

Are you paying down debt? Smart. Want to spend more quality time with your family? That’s also a great idea. And saving for retirement? Another one! How about saving for retirement through a Self-Directed IRA? Learn why that’s an ideal option to add to your list of retirement strategies. Self-Directed IRAs Offer Flexibility A Self-Directed…

No 401k at Work? How to Save for Retirement

No 401(k) at Work? 4 Other Ways to Save for Retirement

Contributing to an employer-provided 401(k) retirement plan is often touted as one of the best retirement strategies. However, approximately 55 million Americans don’t have access to such a plan. Are you among those with no 401(k) at work? If so, it’s still possible to take charge of your retirement savings—sometimes with options that offer more…

Simple Answers to Common IRA Questions

Straightforward Answers to 7 Common IRA Questions

Lack of knowledge is a major reason many Americans don’t open an IRA. Research from the LIMRA Secure Retirement Institute found that of those who don’t have an IRA, 46 percent feel they do not understand enough about IRAs to contribute to them. Where do you fall on the IRA-knowledge spectrum? If you’re still in…

How to Roll Over Your 401(k) Into a Gold IRA

How to Roll Over Your 401(k) into a Gold IRA

Are you tired of the high fees and limitations on your 401(k)? While a 401(k) is one of the most common vehicles for retirement savings, it’s not the only one. Learn about the advantages of gold IRAs and how to roll over your 401(k) into one of these IRAs. What is a 401(k)? A 401(k)…

Update: IRA Contribution Limits 2020

Update: IRA Contribution Limits in 2020

Are you seeking more ways to save for retirement? Then make sure you know all the facts so you can make the most of your IRA contributions for 2020. The limits for IRA contributions for the 2020 tax year are the same as those for 2019, but there are some changes to IRA rules. For…