Checkbook IRA Archives

WATCH: How to Use a Traditional IRA, Custodial IRA & Checkbook IRA as a Vehicle for Your Retirement Savings

Brushing up on the basics can never hurt. Learn all the ins-and-outs of investing for your retirement with a Traditional IRA, a Custodial IRA, and a Checkbook IRA. Find out which one is right for your specific needs, as well as all the opportunities each one can provide you. You may be surprised with how […]

September 26, 2019

Checkbook IRA

Free Webinar: Recession Protection with your Checkbook IRA

As you continue to see headlines and articles about a potential upcoming recession, your preparation for this scenario becomes that much more paramount. You saw how it worked out for those who were exclusively tied up in the stock market back in 2008. The damage done to thousands of retirement accounts was catastrophic, but not […]

August 22, 2019

Checkbook IRA

The fifth secret – No Capital Gains Taxes

5. No Capital Gains Taxes The fifth secret is not as good as the fourth secret, using Roth money to invest in cryptos, but it’s an important secret nonetheless. There are several valid reasons why people don’t convert their retirement money to Roth money. One is that if you make too money, the IRS doesn’t […]

August 12, 2019

Checkbook IRA Cryptocurrency

The fourth secret – Roth Money

4. Roth Money The fourth secret is Roth money. There are two types of IRAs. Most people have what is called a traditional IRA or a tax-deferred IRA. There are no capital gain taxes in an IRA. However, with a traditional IRA, you will eventually pay the taxman. You may do it at 72, when […]

August 12, 2019

Checkbook IRA Cryptocurrency

The second secret – A “Flat Rate” Plan

2. Flat Rate Plan The second secret is a “flat rate” plan IRA (or 401k). There are two fundamentally different types of self-directed IRAs: a custodial and checkbook. In the custodial model, the custodian holds your money, and since they hold your money, they can charge asset- based fees or transaction fees. An asset-based fee […]

August 12, 2019

Checkbook IRA Cryptocurrency

The first secret – the self-directed IRA

1. The self-directed IRA First secret is something called the self-directed IRA. If you’ve never heard of it, it’s not surprising. Ninety-eight percent of the approximately $20 trillion that Americans have in retirement money are in regular non-self-directed accounts. Their money may be at any of the big brokerages (e.g. Schwab, Fidelity, eTrade, TD Ameritrade) […]

August 12, 2019

Checkbook IRA Cryptocurrency

The Most Overlooked Aspect of a Self-Directed IRA Plan

After all the research you’ve conducted into Self-Directed IRA plans, you’re almost there — but possibly still missing one key factor to make your decision choosing the right Self-Directed company. Obviously, understanding each company’s fees is very important. Also important is whether or not the company offers Checkbook Control. But there’s something during this process that […]

July 25, 2019

Checkbook IRA