How You Can Invest in Real Estate Using a Self-Directed IRA

How You Can Invest in Real Estate Using a Self-Directed IRA

What is a Self-Directed IRA? An Individual Retirement Account (IRA) is a type of savings account that is designed to help you create a healthy nest egg for your retirement while offering multiple tax benefits. However, regular IRAs limit your investments the more traditional assets options such as to mutual funds, stocks and bonds. Whereas a self-directed IRA allows you to go … [Read more...]

Divorce and Retirement Planning : How to Divide Retirement Funds Properly

Divorce and Retirement Planning : How to Divide Retirement Funds Properly

Divorce isn’t easy, especially when it comes to splitting up the assets you’ve built as a couple. One aspect that often gets overlooked at this stage is how retirement plans should be divided, but you need to give this some attention as well. Your nest egg is as important as your home and other assets, if not more so. After all, this is the only way you can plan your … [Read more...]

7 Effective Financial Planning Tips for Young Medical Professionals

7 Effective Financial Planning Tips for Young Medical Professionals

Medical professionals earn well, but they’re also saddled with heavy debt before receiving their first paycheck! Whether you’re fresh out of medical school or a residency, trying to figure out how to maintain your financial security while paying off student loans and professional expenses can be tough. Proper planning is the only way to achieve long-term security and a … [Read more...]

Tips to Help Leading Financial Advisors Prepare the Best IRA Plans in 2016

Tips to Help Leading Financial Advisors Prepare the Best IRA Plans in 2016

The field of individual retirement planning is not without its complications and even leading financial advisors have their share of worries when it comes to IRAs (Individual Retirement Accounts). The financial market can be highly volatile and, for this reason, you need to remain at top of your game every step of the way. All financiers like to stay updated with the latest … [Read more...]

6 Smart Ways to Maximize Returns from Roth Savings

6 Smart Ways to Maximize Returns from Roth Savings

  You can pursue the retirement you envision only if you start saving early, so focus on  investing as much as you can today. You can consider investing in an IRA to grow your nest egg. Roth IRA makes the most lucrative retirement investment if you know how to use it smartly. Here are 5 tips that can earn you your maximum returns on your Roth while keeping them … [Read more...]

Make Your IRA Withdrawals without Paying Penalty

Make Your IRA Withdrawals without Paying Penalty

In these uncertain times, there may be circumstances when you are forced to take an early distribution from your IRA, even though the contribution to the IRA is meant to provide you with additional income post retirement. An early IRA withdrawal would mean that you are under 59 ½ years of age. This, in turn, would invite not just a tax burden, but also a withdrawal penalty tax … [Read more...]

8 Proven & Practical Ways to Catch-Up with Your Retirement Savings Contributions

8 Proven & Practical Ways to Catch-Up with Your Retirement Savings Contributions

Those of you who started saving for retirement really late or have fallen behind with the contributions can consider the following options to make the most of their investments. 1. Capitalize on Contribution Levels Contributing towards a salary deferral or investing in an automatic plan is a great way to fund your retirement. You can make the maximum permitted contribution … [Read more...]

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