What is a Prohibited Transaction? While vague in nature, the Prohibited Transaction guidelines do provide a solid foundation of things an IRA owner should avoid. According to the IRS, a prohibited transaction is, “any improper use of an IRA account or annuity by the...
In the world of self-directed IRA investing, there are essentially two investment types, these are “direct” and “indirect”. However, before jumping in to these two ownership structures, let us first explore the end goal, or rather, your...
In simple terms, a Checkbook Control IRA is an investment structure where the IRA account is an owner or “member” (jointly or fully) of a newly created LLC or other business entity type. This entity is then managed by the IRA account owner, giving them complete...
While you have likely heard of it, the Self-Directed IRA is really nothing more than marketing term, it’s industry lingo; a descriptive term implying that you have control over the investments made by your IRA account, but understand that a self-directed IRA is not a...
“The power of compounding is so great that our first job as investors is to avoid anything that might short circuit it” – Ira Rothberg Quite often I am asked what the benefit is of investing with an IRA account. A question that never ceases to surprise me....
A question I hear quite often. While traditional investments, i.e. stocks, bonds, etc. dominate the mast majority of retirement accounts in america, this by far, is not your only option, and in some cases, may not even be your best option. The great news is that with...
