A self-directed 401K lets you invest as you see fit. You can choose your own mutual funds, stocks and bonds rather than sticking to the pre-made funds typically associated with a retirement savings account. You can even invest in more unconventional assets like real estate and commodities if your employer allows it. The types of […]
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) […]
How Everyone Can Save for Retirement When a 401K isn’t Offered at Work
Are you one of the millions of workers without a retirement plan at work? Or perhaps you’re self-employed and don’t have an employer at all? In either case, it’s imperative that you take your retirement savings and investments into your own hands. Employer retirement accounts are great, but many businesses don’t take on the added […]
How a RMD Can Negatively Impact Your Retirement Accounts
If you saved well for your senior years by consistently funding an IRA or 401K, you’re probably quite appreciative of that money now that you’re actually retired and using it. But the last thing you want to do is give up a huge chunk of your savings for no good reason. And if you neglect […]
The IRS Has Released IRA Contributions Limits for 2020
Each year, the IRS announces IRA contributions and their limits, Traditional IRA deduction income limits, and Roth IRA contribution income limits. Not only is there a maximum amount that Americans can contribute to their IRAs each year, but not everyone is eligible for both types of IRAs. Click here for the self-directed IRA contribution limits […]
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 […]
Make Room in Your Budget for Retirement Savings {infographic}
The fact is that a majority of Americans don’t have a regular savings account, and an even bigger majority don’t have a retirement savings account. Living on a budget can be tough, especially if you’ve had to make cuts to your spending in the past to make sure you’re living within your means. But even […]
Accupod Episode 14: Finance Rant
This week, we’re talking about the things that bug us most in regards to all thing finance. Sometimes, you just want to rant, and this week happens to be our finance rant. Maybe you’ll find that you feel the same as we do in some of these finance wants. Come listen. […]
Accupod Episode 13: Private Placements
This week, we’re talking about the investment option of private placements. Private placements are an investment option inside an IRA. We explain what a private placement is, and how it works with a retirement account. […]
Accupod Episode 11: IRA LLC/Checkbook Control with Guest Ben Barker
This week, we’re discussing IRA LLCs. or as they’re also known, Checkbook Control. We brought on our expert Ben Barker to help us understand how they operate. […]
Accupod Episode 10: Countries and Their Debt
In this episode, we’re talking about how some countries handle their debt, and how that impacts their citizens. We’re looking at Germany, and Puerto Rico, and the stark contrast between them. […]
Accupod Episode 9: What is a Self-Directed IRA? Short version
What are your questions and concerns with self-directed IRAs? Here we have your answers! […]