Tax day, April 18th, is quickly approaching and it’s time to ensure that you’re doing all you can to keep your hard-earned money with your self-directed IRA. To help, Equity Trust has designed a fast and simple questionnaire for you. In fact, it takes less than a minute to answer five “yes or no” questions. [...]
Filed under: IRA Contributions, IRA Education, Managing Your IRA, Saving for Retirement, self directed IRA, Taxes and April 15th on March 30th, 2011 | No Comments »
With a self-directed IRA and other self-directed accounts, you can qualify for big tax-deductions (up to $51,000) and use the savings for additional investment opportunities. Here’s how: Open Accounts for Spouse and Other Family Members – The more accounts at your household could reduce your family’s tax liability and – even more important – could [...]
Filed under: Equity University, IRA Contributions, IRA Education, Taxes and April 15th on March 8th, 2011 | 1 Comment »
These days, there are a slew of retirement savings books, strategies, software tools, etc., available. But before you spend good money on the latest, greatest thing, consider employing these free retirement savings secrets that have stood the test of time: 1. Implement and Stick to a Simple Retirement Savings Plan Whether your plan is scribbled [...]
Filed under: Equity University, IRA Contributions, Managing Your IRA, self directed IRA on April 27th, 2010 | No Comments »
It’s no secret that corporate America has been hit hard by the recent economic downturn. Major corporations have been forced to make cuts across the board. Executive salaries have been slashed, layoffs are becoming more and more common, and no one seems to be hiring. Now another challenge has been handed down to those already [...]
Filed under: Investing in Real Estate, Investment Opportunities, IRA Consultation, IRA Contributions, IRA Education, Managing Your IRA, Saving for Retirement, self directed IRA, Traditional IRA on July 2nd, 2009 | No Comments »
Earlier this week, the IRS released the inflation adjusted limits for Health Savings Accounts (HSA) for 2010. The annual contribution limits have been increased to: $3,050 for those with self-only coverage $6,150 for those with family coverage As in previous years, you must be covered under a High Deductible Health Plan (HDHP) to qualify to [...]
Filed under: HSA, IRA Contributions, Saving for Retirement, self directed IRA on May 20th, 2009 | No Comments »
April 15th is just around the corner but there is still time to make the most of your self-directed IRA for 2008. If you are looking to tack on a few more deductions to last year’s taxes, you have just under a week to make a contribution to your IRA for 2008. With a Traditional [...]
Filed under: 2010 Roth Conversion, HSA, IRA Contributions, Managing Your IRA, Roth IRA, Saving for Retirement, self directed IRA, SEP, Small business plans, Taxes and April 15th, Traditional IRA, Uncategorized on April 9th, 2009 | No Comments »
Are you one of many Americans who have just 2 weeks left to file your 2008 taxes? Do you still have unanswered questions about maximizing your deductions? There is still time to make the most of the opportunities that the IRS gives you before the April 15th deadline rolls around. Take the time to tune [...]
Filed under: 2010 Roth Conversion, Investing in Real Estate, IRA Contributions, IRA Education, IRA Withdrawals, Managing Your IRA, Roth IRA, Saving for Retirement, self directed IRA, Taxes and April 15th, Uncategorized on April 1st, 2009 | No Comments »
Many individuals may think that they don’t have the funds to spare to set aside money in a retirement plan. But what if the government gave you a check for $1,000 to do just that? Might that change things? The Retirement Savings Contributions Credit, also known as the “Saver’s Credit”, was created to encourage low [...]
Filed under: IRA Contributions, IRA Education, Managing Your IRA, Roth IRA, Saving for Retirement, self directed IRA, Taxes and April 15th, Traditional IRA, Uncategorized on March 16th, 2009 | No Comments »
As the holidays approach, the last thing on many people’s minds are income taxes. However, the Illinois CPA Society thinks the festive season of late December is the perfect time to evaluate and take action to reduce tax liability for 2008. The Illinois CPA Society reveals five items to add to your “to-do” list that [...]
Filed under: IRA Contributions, IRA Education, Managing Your IRA on December 12th, 2008 | No Comments »
You Can Benefit From Increases for Small Business Plans and 401(k)s Good news for those participating in SEP IRA, SIMPLE IRA, 401(k), or Solo 401(k) plans, the Internal Revenue Service (IRS) recently announced increases to contribution limits for those retirement plans – up to $54,500 depending on the plan and an individual’s eligibility. And if [...]
Filed under: Investing in Real Estate, IRA Contributions, Saving for Retirement, SEP, SIMPLE, Small business plans, Traditional IRA on October 28th, 2008 | No Comments »
