If you’re looking for a smarter way to invest for the future, consider self-directing a Health Savings Account (HSA) which offers tax benefits, portability, and flexibility you can benefit from in the years to come. IRA Innovations can help you set up an HSA as the administrator of your account. You will have the opportunity…
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How will the newly passed SECURE Act impact your Self-Directed IRA?
If you are interested in Self-Directed IRAs, or if you already have one, you may have been following the news about the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act). The Act was signed into law in December of 2019, and most provisions in the law went into effect on January…
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…
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…
So What Exactly Is a Self-Directed IRA?
We talk a lot about self-directed IRAs on our blog, but we thought it might be a good time to have a little refresher course on exactly what that is. While many people are familiar with IRAs (individual retirement account) in general, the self-directed form is not quite so widely known. So what exactly is…
Investing in Real Estate and Getting a Mortgage
The ability to use self-directed IRAs for a wider variety of alternative investments is one of its biggest benefits. Since self-directed IRAs are legal entities, they can borrow money, and they can get a mortgage. However, it’s very important to know that the loan must be a non-recourse loan. A non-recourse loan is a secured…
Rebuilding Communities One Foreclosure At a Time
Investing in foreclosures with your self-directed IRA is one of the riskier, more challenging investments (as we discuss in this blog post), but it can also be very rewarding in a variety of ways. The long-term returns can be significant, and it could also be that you find your dream home when it’s in foreclosure….