Have you recently left one employer to start a new job with another? Have you retired recently? If so, did you leave a former 401(k) behind? In these types of situations, it’s not uncommon for 401(k)s to stay behind with the previous employer’s custodian. Employer-sponsored 401(k) plans typically include traditional investment options: stocks, bonds, mutual…
Author: bell
What you need to know about updates to IRS Publication 590
IRS Publication 590 for individual retirement arrangements (IRAs) refers to an Internal Revenue Service (IRS) document that outlines and elaborates on rules for IRAs. The IRS publishes Form 590 to provide information about setting up IRAs, how to contribute to them, how much may be contributed, how to treat distributions, and how to take tax…
Self-directed IRA investing: Who are disqualified persons?
Many of our clients say that the thing they love most about self-directing their IRA is that they have so much freedom to choose what they invest in. Whether it’s real estate related assets, investing in private companies, or making loans, the freedom, flexibility, and extensive options are huge benefits. Even with so much freedom…
Important things to consider about your self-directed IRA custodian
When it comes to self-directed IRAs, one of the biggest benefits is that you have the freedom to choose what you invest in. You have a wide range of options, such as real estate related assets, investing in private companies, or making loans, three of the top investment choices made by our customers. At IRA…
How investing in private placements can offer great rewards
At IRA Innovations, a significant number of our clients invest in private placements with their self-directed IRA, and interest in this area has grown over the past few years. This post will be dedicated to looking at what exactly private placements are, why you should or should not consider this type of investment, and other…
How to maximize profits as a real estate investor
In this post, we are delving back into the world of real estate investment with your self-directed IRA. We have talked about the many ways you can do this. But in this post, we will focus on how to take your real estate profits and really maximize them. Maximizing real estate profits with your self-directed…
Tips for finding a property management partner for your real estate investment
When you use your self-directed IRA to invest in real estate, many times that means you own something tangible, such as a condo, apartment building, rooms in a hotel development, single family homes, or even land or lots. With all of these things, there is some level of maintenance and upkeep required. In many of…
The Short List: Disallowed Self-Directed IRA Transactions
One of the things we talk about a lot on our blog is that there are so many options when it comes to investing with your self-directed IRA. A whole new world opens up with real estate, private companies and LLCs, precious metals, and more. This freedom, flexibility, and choice are huge benefits. However, it…
Partnering to Purchase Real Estate
You have your self-directed IRA set up, and after talking with your custodian from IRA Innovations, you’ve determined that you are interested in investing in real estate. You’ve even got your eye on a property that you’d like to potentially purchase. But there’s just one problem. You don’t have enough money in your IRA yet…
Types of IRA Plans That Can Be Self-Directed
There are so many possibilities of what you can do with a self-directed IRA. But there are also a few options when it comes to the type of IRA you should start with. Before you start investing in real estate, gold coins, or LLCs, consider these factors. IRA Types Traditional IRA — Contributions to a…