IRS Rules – IRA Disqualified Persons

IRS Rules – IRA Disqualified Persons

Given the tax benefits afforded to IRA accounts, the IRS has a keen interest in ensuring that your retirement account is not used in a way which will provide you (personal) benefit prior to paying your due tax. With that said, there are a number of guidelines you must...
What is a Checkbook Control IRA?

What is a Checkbook Control IRA?

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...
What is a ”Self-Directed IRA”?

What is a ”Self-Directed IRA”?

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...
Why Invest Using an IRA account?

Why Invest Using an IRA account?

“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....