Self-Directed IRA Rollover Terminology Broken Down

Rollovers are the most common way to transfer funds within retirement accounts. Transfers and rollovers are transactions that allows for the movement of assets between IRAs and 401K plans. Let’s go over the basic terminology. Direct Rollover A Direct Rollover is generally used when moving funds from an employer plan (like a former employer 401K) […]

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Roth IRA Contribution Limits for 2019

After six years of being stuck at $5,500, the amount IRA owners can contribute to an Individual Retirement Account is being bumped up to $6,000 for 2019. The amount you can contribute to a 401K or a similar employer-sponsored retirement plan goes up from $18,500 in 2018 to $19,000 in 2019. Catch-up contribution limits if […]

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IS THIS YOUR YEAR TO TAKE CONTROL?

The market is dropping as oil dips to $50 a barrel.  Monday we had a drop of over 330 points.  Tuesday the drop was around 130 points.  Popular news stations are predicting more falls and slides (see articles below). I’m not saying the stock market is a bad place to invest your money, but why should […]

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