Cryptocurrency is a popular, yet volatile asset that can be used to diversify your Crypto IRA retirement account. Enjoy tax advantages, a diversification strategy, and possible substantial investment growth.
You may have heard the term UBIT, but you’re not sure what it means, and if it will apply to your investment. What is UBIT? UBIT, which stands for “Unrelated Business Income Tax,” is a tax that is charged for running an active business as part of your tax-advantaged retirement account. When does UBIT Apply? […]
It is surprising that many Americans plan more for their summer vacation than their retirement. Retirements accounts, like the Self Directed Checkbook IRA, were created to encourage people to save for their future. To achieve your goals and have the retirement of your dreams, you must research, plan, and budget for your future.
It is no secret that the inflation rate has been soaring recently, accelerating to 8.6% in May 2022 (the highest rate since December 1981), according to the U.S. Bureau of Labor Statistics. Americans have seen an increase in the price of energy (gasoline, electricity, natural gas), food, shelter, airline fares, automobiles, and more. In order to […]
After researching and deliberating, you’ve decided you want to invest your IRA money into bitcoin. That’s great to hear, but have you considered doing so in a Roth IRA? Most people have heard of the Roth, but fewer know what it is. In short, there are two types of IRAs. The first is a traditional IRA. […]
A self-employed 401(k) is an investment option that helps the self-employed individual save for retirement. This type of plan may also be called an individual 401(k), solo 401(k), solo k, or uni-k. Self-employed 401(k) plans are available as both Traditional and Roth IRAs. Is a Self-Employed 401(k) Right for Me? A self-employed 401(k) is a […]
Take advantage of Broad Financial’s Complimentary Expedited Processing promotion! Pay in full when setting up your account and enjoy the following benefits: Receive “Rush Service” in the creation of your IRA LLC as well as overnight delivery service of your informational binder. Rush Service means that Broad Financial will initiate the creation of your IRA […]
Summary and Key Points There are both pros and cons to investing in real estate with a Self Directed IRA. Pros include asset control, better diversification, and potentially high ROI. Cons include liquidity concerns, time commitment, and loss of property tax benefits. For any real estate investment, calculating the various profit scenarios will help determine […]