New Direction Trust Company is proud to introduce our new UBIT Calculator!
Your self-directed IRA, 401(k), or Health Savings Account can purchase oil and gas rights and collect monthly royalties.
Normally, 401(k) holders could only roll cash or assets out of their accounts after they’re no longer employed with the company that offered their plan. However, the CARES Act allows for expanded distribution options, including that funds from an active 401(k) can be rolled into a self-directed IRA for investment in the broad spectrum of alternative investment options.
As a measure of relief to U.S. taxpayers who may have struggled with the economic impacts of the COVID-19 pandemic, the 2019 income tax filing deadline was moved from April 15 to July 15…which is right around the corner!
Even before our jobs, relationships, and finances were almost entirely online, protecting ourselves from fraud was paramount given the broad range of tactics criminal use to impact our lives. Now, as more of what we do occurs over the web, it’s more important than ever that we stay ahead of the curve.
You may be aware that you can buy property with a self-directed IRA, but did you know that, even in this specific investment vein, you have options for how you do so?
An often over-looked option available to many self-directed retirement account investors is to use debt to increase their retirement account’s buying power for real estate investing.
NDTCO has paved the way for easy and efficient online management of your self-directed IRA, 401(k), or HSA. We are now excited to announce the upcoming launch of our new online client portal, which will further advance our goal of providing the best online experience in the market.
A promissory note in which your IRA is the lender allows you to create terms that can be favorable to both your IRA and your borrower. One of the key benefits of a promissory note is flexibility; although your IRA is technically the "lender", you decide the payment schedule, the interest rate, and what happens if the borrower defaults. As the IRA holder, you are in control.
The ongoing COVID-19 pandemic has already changed the way we live and work, but will it change the way we invest? That is a question many financial professionals and their clients are considering. The answer could very well be “yes.”
Real estate investing within an IRA can be a surprisingly easy method for savvy investors to supercharge their retirement returns.
Self-directed IRAs, 401(k)s, and Health Savings Accounts hold considerable capital that can be directly invested in companies and give them a fighting chance.
As Americans join the rest of the world in grappling with the COVID-19 pandemic, those who have unfortunately fallen ill may be faced with healthcare concerns that could not have been predicted mere weeks ago. Health Savings Accounts (“HSAs”) were designed for times such as these.
The Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) has been signed into law. The CARES Act introduces new tactics to build upon a series of measures that have been introduced since the health crisis began. These measures carry important ramifications for self-directed investors.
In response to the ongoing COVID-19 situation, the federal income tax filing deadline has been pushed to July 15 from the standard deadline of April 15. This means you have an additional three months to file your returns and pay your taxes without being subject to interest or penalties.
Tax-advantaged accounts like IRAs and Health Savings Accounts allow you to save for the future by deferring taxes on your investment earnings. However, IRS reporting is required to track fair market values and movements of account-held cash and assets.
You can fund your self-directed plan with contributions, transfers, and rollovers. You can also take advantage of other little-known funding strategies.
Do you want to consolidate cash or assets from your other retirement plans into your self-directed IRA? Use this guide to help you complete our Transfer/Rollover Form to your resigning custodian's satisfaction.
Even with their rising publicity, Health Savings Accounts ("HSAs") feature a degree of versatility that may even surprise long-time account holders. Did you know you can buy real estate with an HSA?
In 2003 we organized what is now New Direction Trust Company with a mission to teach and help investors invest in the asset of their choice with their retirement funds.
I discovered I liked finding attractive investment areas, evaluating prospective cash flow and later purchasing and rehabing properties. But most of all I liked this developing feeling that this was an activity I could understand and control, and one that could ultimately support me in retirement.
The President signed a new spending bill on December 20, thus enacting the SECURE Act and ushering in significant changes for retirement investors. The big takeaway - Traditional IRA holders can fund their accounts for as long as they want and avoid required minimum distributions for a bit longer.
The IRS has provided contribution limit information for tax-advantaged plans due to take effect in 2020.
A required minimum distribution is an annual, IRS-mandated withdrawal of cash or assets from a tax-advantaged account. Those subject to RMDs have until December 31 to withdraw for a given year…unless the account holder turned the RMD age in said year.
You may now easily view and pay fee invoices through your online portal!
A popular belief is that you cannot use retirement funds to help with the purchase of a personal residence, but that's not necessarily the case.
“Checkbook IRAs” allow investors to directly manage their retirement funds and allocate them toward investments. The “checkbook” designation simply refers to a strategy that affords the account holder a different type of control over the disbursement of his or her tax-advantaged retirement dollars.
As written in the Internal Revenue Code, self-directed IRA holders who defer taxes on their contributions must begin repayment of those taxes once they reach a certain age. Accordingly, clients who meet the following criteria will be subject to RMDs.
At New Direction Trust Company, we strive to implement user-friendly technology that helps self-directed investors access their accounts and keep their focus where it belongs. We persistently strive to bring as much ease to your transaction and account management processes as possible.
At New Direction Trust Company, we take pride in keeping our clients as up-to-date as possible on the changes that may affect them and their accounts. In this regard, please take a few moments to review some important changes due to take effect August 1, 2019.
On July 17, 2019, the U.S. Department of the Treasury announced an expansion of preventative care benefits for those suffering from chronic conditions.
According to IRS.gov, the “opportunity zone” designation was created as part of the 2017 Tax Cuts & Jobs Act as a measure of encouraging new investments in “at-risk” communities. Upon nomination at the state level and certification by the Secretary of the U.S. Treasury, opportunity zones can accept investments from individuals and their self-directed IRAs.
The IRS provides tax tips that can help individuals keep their eyes peeled for criminal attempts against them. They recently highlighted two common scams and the new measures identity thieves have been implementing in trying to fulfill them.
New Direction Trust Company strives to assess competitive fees within the self-directed retirement industry. We also place significant value on fee transparency; NDTCO will never attempt to conceal fee information or make changes without your prior knowledge.
We have updated our signature policy to in an effort to better protect the interests of our clients.
U.S. Department of Labor ruling 2000-10 allows you to partner with your self-directed IRA but there are special circumstances under which it is allowed.
Many self-directed IRA investors have purchased real estate and for good reasons. Real estate is a tangible asset that most people have had experience with, either through purchasing their own home or working as a real estate professional.
Many investors ask us if they can hold proof American Eagle coins in their IRAs. The short answer is “yes.” However, it is a good idea to be familiar with the relationship between proofs and IRAs.
When researching Checkbook Control IRAs, it is a good idea to look into the drawbacks as well as the benefits before moving forward. There are responsibilities the IRA holder must understand.
You have several ways to invest in a business venture. You can issue a loan—you and the borrower will determine the interest rate and the term of the loan. Or you can buy equity in the company and receive either stock or a percentage ownership.
So your self-directed IRA purchased a beach house and you realize it's a major upgrade on your current abode. Are you legally able to live in your IRA-owned asset?
The U.S. Tax Court ruled that two individuals who set up an IRA-owned closely held corporation and provided it with personal loan guarantees violated Section 4975.
The term Alternative IRA, which has been in the news so much recently, is frequently misunderstood. It is often thought to be an IRS designation that signifies an account type that is different from a traditional IRA or a Roth IRA, which are designated IRS account types. It is also not unusual for people to be under the impression that self directed means that the IRA owns an LLC which holds the IRA assets. Neither of these is the case.
The government will give you tax-deferred status on the income generated by whatever you have in a self-directed retirement plan. However, it is not willing to shelter the profits of the income generated by funds brought into the account in the form of a loan. Earnings attributed to debt leverage may be subject to Unrelated Business Income Tax (UBIT).
Self-directed IRAs, or SDIRAs, are becoming increasingly popular because they allow account holders to choose from a world of investments. At New Direction Trust Company we’ve seen IRAs invest in everything from trailer parks to oil fields.
Whether you’re getting close to retirement age or you’re just beginning to look into retirement planning, it is important to understand how each type of retirement account fits into your overall retirement plan.
For the billions of dollars invested in self-directed IRAs, valuations matter a great deal. The account holder is responsible for providing valuations every year to their IRA custodians, who then report those valuations to the IRS.
Many investors are afraid of acting on money, which can cause them to pass up opportunities because they think UBIT is a penalty or an excessive tax. However, in the case of retirement accounts, the account is making money. It is not a penalty, just a way to even the playing field between tax-exempt and tax-deferred entities like a retirement account and other entities/people.
If you buy real estate with personal funds, you can expense a portion of the cost of the real estate over the allowed time period. IRA-purchased real estate is different and carries its own significant tax advantage.
Many self-directed investors who call our office ask, “Can I act as the property manager for my IRA-owned real estate?” The answer is yes, but there are several rules that must be followed in order to comply with IRS guidelines.
It’s not expensive to invest your IRA in real estate. At New Direction Trust Company, we have a structured fee schedule so you’ll know exactly what you have to pay and when.
Planning for investment cash flow needs is critical for any investment strategy, particularly when investing in illiquid assets like real estate. Annual contribution limits can vary greatly between retirement accounts, so the investor needs to determine how much cash will be needed and how much will be available.
The typical stereotype when opening an IRA account is that all underlying investments must be exchange traded stocks, bonds, and mutual funds. Roth IRA account owners will be pleased to know there is an entire spectrum of alternative investments unrelated to the stock market that can be held under a ROTH umbrella.
Since its creation in 1997, the Roth IRA has become a popular retirement solution for many investors. This popularity is largely due to the account’s unique advantages. While the Roth IRA isn’t the only way to plan for retirement, knowing its benefits can help you determine what kind of role the account can play in helping you prepare for your future.
Your precious metals IRA isn't limited to gold or government-issued coins. Your self-directed retirement plan can invest in any gold, silver, platinum, or palladium items that meet the IRS-stipulated purity minimums. Gold American Eagle coins, which don't meet the IRS minimum, are allowed via IRS exception.
Many financial professionals have concerns about their clients holding precious metals in an IRA. Part of what we do at New Direction Trust Company is simplify and clarify the process so investors can make smart decisions about their IRAs.
Alternative assets is the broader name for the suite of investment opportunities afforded by self-directed IRAs (SDIRAs). These alternative assets include real estate, precious metals, private equity, and more.
Depending on the reason you receive a 1099-R, you may or may not have tax consequences, but it is still good to understand the form and why you received it.
An attractive feature of an annuity is the predictable, periodic return. For some, a less attractive feature over the past several years has been that their annuity has been tied to the stock market. By using a self-directed IRA, investors can enjoy tax-deferred investment growth and achieve periodic returns similar to an annuity without having to worry about the stock market.
Unrelated Business Income Tax (UBIT) may come due on IRA earnings attributable to a debt-financed investment or to an investment in pass-through operating income.
If you’re one of many investors contributing to a Roth IRA or considering a Roth Conversion for an existing pre-tax retirement account, it’s important to understand exactly how the “Five Year Rule” works.
Once an investor considers holding real estate in his or her IRA, it is important to take the first step and discover whether or not the current IRA custodian will even allow real estate to be held as an investment. The name self-directed IRA can be a little confusing because many traditional brokerage custodians offer a “self directed IRA” for investing. The trick to comparing providers is finding out if their plans are only eligible for investments into securities like stocks, bonds, and mutual funds.
The Solo 401(k) operates in essentially the same way that a 401(k) retirement plan offered by a large employer does. The Solo(k) is different than a major employer plan only in that it’s strictly for companies without employees other than the owner (although spouses may be eligible).
A self-directed HSA can purchase alternative investment options at the discretion of the account holder. Earnings may be completely tax-free, provided distributions are applied toward qualified medical expenses.
A Health Savings Account, or HSA, is a valuable tool in managing medical expenses. They can help you save, pay for certain expenses not covered by your insurance and you can reimburse yourself at any time in the future for medical expenses you incur while the HSA is open.
Do you really know how to use your Health Savings Account? Most people don’t. A large number of people who have HSAs use them as “health spending accounts,” and “spending” is the opposite of “saving.”
Concerns about unrelated business income tax (UBIT) can be resolved when the investor realizes that the tax allows for greater for overall gains because the account is allowed to use debt-leverage.
Saving for retirement is crucial and the IRS has provided several tools to help you do so. The most common plan type is the Individual Retirement Arrangement or IRA.
With a Roth IRA, cash is contributed "post-tax" which means that the contribution (the amount you delegate out of your salary to put into the account each year) is made with taxable earnings for that year. This cash then buys assets (stocks, real estate, gold, etc.) on a tax advantaged basis.
IRA account owners are permitted to withdraw money before distribution age, penalty-free, in certain circumstances – in this case, IRA owners can make withdrawals for qualified acquisition costs on a home, without paying the 10 percent penalty for early distribution.
When investing with retirement funds, all paperwork for that investment must reference the IRA as the buyer, not the IRA holder (you) as the buyer. If a form needs a signature, you should write “Read & Approved” in the margins, and then sign next to or beneath this note (also in the margins).
One strategy behind converting from a Traditional IRA to a Roth lies in the projection that your tax bracket may be the same or higher upon distribution than at the time of contribution. Because Roth contributions are taxed when they enter the account, it could be beneficial to open a Roth IRA account when your anticipated yearly income is going to be less, and therefore your tax bracket is lower.
Here at New Direction Trust Company, one of the most frequently asked questions by prospective clients is which Individual Retirement Plan will suit them best. The fact of the matter is, there is no easy answer to this question.
When it comes time to pay the piper for your IRA expenses, including custodial services for those assets, you may have a few questions about what the process looks like. Can you as the IRA account holder finance the expenses of your retirement plan with your own personal funds? What about collecting income – do you as the IRA owner get to handle any of your hard-earned capital gain?
Using either a Traditional or Roth IRA can provide tremendous tax advantages for accumulating wealth and assets for retirement. But what are the differences between a Traditional and Roth IRA?
Real estate investing for retirement is becoming more and more popular. But, as with everything involving real estate and investments, you have to do your homework. Not only do you need to do your due diligence in buying and selling properties, but you also need to understand your tax and retirement responsibilities when using real estate investing for retirement.
Is a rental real estate investment the best option for your self-directed IRA? The answer depends on each IRA investor’s unique circumstance. While some rental real estate investors appreciate they can “touch” their investment, others are stressed by the amount of responsibility that comes with being a landlord.
While many people want to use the power of a self-directed IRA for real estate investing, they often feel they can’t get started because they don’t have enough money in their plan. Thankfully, there are several creative ways to bring your real estate transaction to fruition even when your situation is less than perfect.
Using your self-directed IRA to hold your real estate investments can be an excellent way of both sheltering the investment from taxes and funding your retirement. The IRS gives some tremendous tax advantages IRAs; however, because of the advantages given they do ask you to follow their rules.
What better time for the dads of America to teach their little ones about the joys of fishing than Father's Day weekend? Fishing is a fun summertime activity, but elsewhere in the United States, it can be big business throughout the year. In Alaska, harvesters of the sea patrol for king, silver, and other species of salmon during the summer months, while the icy waters of the Bering Sea spawn king and snow crab for fall and winter fishing.
A self-directed IRA allows clients to make investment choices that best serve their individual retirement goals and market expertise. A principal facet of this freedom is the ability to invest in alternative assets outside of the publicly traded securities market; including investing in a gold IRA or silver IRA.
In a bankruptcy court ruling in Arkansas on May 25th, 2015, a debtor was forced to forfeit his IRA’s tax-deferred status and give bankruptcy trustees access to the IRA account assets. This ruling marked an historic turn in legal proceedings for IRA owners, as this was the first time a creditor successfully investigated the propriety of a debtor’s IRA transactions, and used evidence of a prohibited transaction to pierce the bankruptcy protection that IRA account assets typically enjoy.
An HSA, or Health Savings Account, provides those with High Deductible Health Plans (HDHPs) an avenue to save and invest money for all present and future qualified medical expenses, or QMEs. The intent behind the inception of HSAs is to allow participants of HDHPs to pay out-of-pocket qualified medical expenses, with tax benefits, until their deductible kicks in.
A self-directed IRA requires active oversight by the account holder, and therefore isn’t ideal for the passive or unengaged investor. But for the innovative entrepreneur, a self-directed IRA is an exciting opportunity to capitalize on individual market expertise and sniff out promising investment opportunities way ahead of the crowd.
When incorporating a self-directed strategy into your retirement portfolio, it's important to remember that your IRA is the "investor" that "owns" the alternative assets. Income must return to the account, expenses must be paid by the account, and, as we'll see from this court case, all assets must be titled in the name of the account.
Self-directed IRA holders are prohibited from "self-dealing" with their own accounts. In other words, an IRA holder may not derive direct benefit from an IRA-owned asset, nor may he or she provide direct benefit to said asset. Self-direction affords a great deal of flexibility over one's retirement strategy, but understanding the IRS Rules is essential.
If you’ve inherited an IRA as a beneficiary, and there is real estate in the account, you may be wondering what your options are for choosing the best distribution strategy. The IRS imposes specialized distribution rules for Inherited IRAs, which can incorporate many different factors for the IRA owner to consider.
Depending on the account structure and the beneficiary’s goals for the account, there are many different strategies available to invest in exciting alternative assets that lie outside of the stock market, including rental properties. Using an Inherited IRA to invest in real estate provides the beneficiary the opportunity to generate income from rent, appreciation, and more.
Some retirement investors are hesitant to invest in assets that may incur UBIT, or Unrelated Business Income Tax, because they see it as a penalty or as excessive tax. However, in the case of retirement accounts, UBIT means the account is making money. It is not a penalty, but a cost of doing business.
Investing in real estate with a self-directed IRA has garnered popularity among investors over the past decade. Between the tax advantages granted by IRA accounts and the multiple strategies investors can utilize to potentially maximize returns, real estate investing with an IRA is making waves for the truly unique benefits it can offer investors.
Individual Retirement Accounts (IRAs) and HSAs are powerful tools investors can use to save and invest for retirement or qualified medical expenses, all on a tax-deferred basis. Many investors only open one IRA or one HSA account, not realizing they can open as many HSA and IRA accounts as they desire.
If an account owner contributes to an individual HSA at the age of 25, makes the maximum contribution each year (projecting an increase in contribution limits over time), and makes wise investments, his or her HSA could be worth .1 million by retirement. Additionally, this could save the account holder up to 0,000 in federal income taxes.
A Checkbook IRA, also known as a Checkbook Control IRA, is an Individual Retirement Arrangement that allows the investor to write checks using the IRA’s cash. Investors may choose a Checkbook IRA because it’s an account structure that shifts direct access to IRA cash and assets from the IRA provider to the account holder.
With the Affordable Health Care Act (Obamacare) well into effect, health insurance has risen to the national spotlight over the last few years. Americans have more choices than ever for covering medical expenses. Below is a highlight of the differences between two very different but equally popular insurance types: High Deductible Health Plans (HDHPs) paired with health savings accounts (HSAs), and PPOs (Preferred Provider Organization).
Roth IRA distribution rules are multifaceted, and can seem a bit complicated. However, they do follow an order based on the source of funds for each distribution. The source of funds determine how each distribution type is taxed.
Although individual self-directed investors may have their own "Top 5" lists, New Direction Trust Company clients have historically put their tax-advantaged retirement dollars to work in these five assets.
With education costs seeming to swell with the approach of each new generation, parents (and grandparents) have been pushed to think about saving for future generations’ education costs earlier and earlier. Luckily, the Federal government does provide some assistance for tax payers in the form of tax-advantaged accounts that can be used for the specific purpose of saving for future educational expenses.
A self-directed IRA is a retirement account (Traditional or Roth) in which the account holder chooses which assets that the IRA buys and sells. The term self-directed IRA commonly refers to IRA accounts that can invest in alternative or hard assets such as real estate, gold and silver, private equity, or notes.
A self-directed IRA will grant your retirement savings autonomy from the fickle stock market, which is something you can't get from your bank or brokerage house-held IRA. Now you're shopping around for the best self-directed IRA provider to handle your savings until you reach retirement; hopefully with a cushy sum of cash in your account at time of distribution. How do you know which factors to consider when comparing self-directed IRA provider services?
When retirement investors say they want to invest their IRA in real estate, it can mean several different things. While most account holders think of real estate investing as purchasing rental homes, self-directed IRAs can participate in real estate in a nearly endless amount of ways.
Did you know retirement investors can utilize a 1031 exchange for the benefit of their self-directed real estate IRAs?
Health savings accounts (HSAs) are rapidly growing in popularity. Created back in 2004, HSAs provide investors with a unique way to save money, grow retirement accounts, and pay for medical expenses. HSAs have the tax-free quality of a Roth IRA, but the tax-deductibility of a Traditional IRA.
A 1031 exchange allows tax payers to defer taxable gain on exchanges of like-kind assets, such as real estate for real estate. Some IRAs may have taxable income (and taxes) when assets are purchased with debt financing. In this case, IRA owners may want to take advantage of the 1031 rules.
Despite the many rules tied to disqualified persons and prohibited transactions, partnering with disqualified persons/entities is allowed by the IRS. To partner with a disqualified person, an IRA and it's partner(s) both acquire a specified percentage of a purchased asset.
Investors may have many strategic reasons for converting from a self-directed Traditional IRA (or any other pre-tax account structure) into a self-directed Roth IRA. There are a few methods available to bring funds into a Roth IRA; including opening a new account and making a contribution, making a rollover, making a conversion, and initiating a transfer.
The JOBS Act (Jumpstart Our Business Startups Act) was initially signed into law on April 5, 2012, in an effort to ease up on security regulations so that small businesses may see an increase in funding through the participation of “everyday citizens.” Before Title III, only accredited investors who earn more than 0k per year or have a net worth of over million could participate in these types of investments.
The IRS enforces rules regarding Traditional IRA distributions. If a Traditional IRA holder takes a distribution from their account before reaching 59.5 years of age, they may face a 10 percent penalty. However, the IRS does allow a few exceptions to this rule that allows for distributions without the typical penalty.
In order to use a health savings account (HSA), you must be part of a High Deductible Health Plan (HDHP). Though the deductible is high, your premiums are low and you are still covered for catastrophic medical events. The renewal costs are also much cheaper than an HMO, PPO, or other types of health plans.
Private equity investing in real estate is a strategy in which an investor uses crowdfunding to invest in real estate with personal funds or a self-directed retirement account. Private equity in real estate can be used for fractional ownership or possible liability protection. In other words, it can allow self-directed investors to dabble in the real estate market without purchasing entire properties.
Self-directed IRAs not only accrue tax-advantaged or tax-free earnings, they can also be passed down to beneficiaries so that the fruits of your labor aren't lost. Inherited IRAs leave your beneficiaries money and help them avoid the hassle and expenses of transferring the money through probate, at which point the account holdings would be considered a part of your overall estate.
When a self-directed IRA holder uses debt-leverage to purchase property in his or her IRA, the debt-leveraged percentage of the IRA’s net profits are subject to unrelated business income tax (UBIT). Refinancing to lessen the burden of UBIT can be beneficial for both short-term and long-term property costs.
An Inherited IRA is an account structure that allows beneficiaries to manage an inheritance that was passed down to them via an IRA or 401(k). Self-directed IRA holders who wish to pass along their retirement savings to their heirs have several choices to make regarding the future of their accounts.
The 72(t) rule refers to IRS code 72(t), section two, which allows IRA owners to access their retirement savings before they reach age 59½ without incurring the typical 10% penalty for early distributions. Withdrawn balances will still be taxed as regular income.
IRA investors may not want their tax-advantaged savings sitting stagnantly while they wait for retirement to roll around. If an investor’s self-directed IRA is earning rental income, and the IRA isn’t paying off debt or distributing cash to the IRA holder, the investor may consider his or her options for utilizing the cash surplus.
The best real estate IRA provides the account holder with three key services: on-time transactions, state-of-the-art technology, and free education on demand. Innovative custodians offer these features to self-directed IRA holders who invest in real estate.
A Solo 401(k) operates in a similar manner to that of an employer-sponsored 401(k), except a Solo 401(k) holder would be the sole employee of his or her own business. As with their self-directed IRA counterparts, Solo 401(k)s can hold alternative investment options like real estate.
A Traditional IRA is an individual tax-advantaged plan for those looking to save money for retirement. Traditional IRA holders can enjoy tax-deferred contributions and the flexibility to invest in real estate, precious metals, or other alternative assets.
A self-directed IRA is an IRA (Traditional or Roth) in which the account holder chooses which assets the IRA buys and sells. The term "self-directed IRA" can refer to IRA accounts that invest in alternative or hard assets, such as real estate, precious metals, private equity, notes, and more.
New Direction Trust Company allows you to incorporate alternative investment options into your retirement portfolio. Although the processes vary slightly between retirement and non-retirement investments, the self-directed approach allows you to follow a relatively familiar model.
To own an LLC with an IRA, many account holders establish what is called a "checkbook IRA". Though an investor can own all or part of an LLC without a checkbook IRA, this account structure can make it easier to open and manage the entity.
As a self-directed IRA custodian, New Direction Trust Company has frequent run-ins with popular misconceptions about retirement accounts. Let's address three such misconceptions about self-directed IRA investing.
Due diligence is an important factor with self-directed IRAs. It is the responsibility of the account holder to research and understand what the IRA is investing in and the rules associated with that asset. Advertising may highlight certain coins or bullion items, but it is up to IRA account holders to research and determine what they will hold in their self-directed retirement plans.
Retirement accounts, established in 1974, have always provided unique tax advantages for investors. Regardless of changes in income tax or an investor’s tax bracket, investors can enjoy the pre-tax benefits of a Traditional IRA and the post-tax benefits of a Roth IRA.
Health savings accounts are becoming increasingly popular ways for individuals to prepare for healthcare concerns. By making tax-deferred contributions and qualified tax-free distributions, you may cover medical expenses with little or no out-of-pocket money (including your deductible) and never have to pay taxes on the funds involved.
Just about anyone may call themselves a “financial advisor” regardless of their background or professional experience. Therefore, just as you would with a potential investment, it may serve you well to investigate any financial professionals you’re considering working with.
There are important questions to ask yourself when considering which type of retirement account can meet your needs and help satisfy your goals. You can review the specific nuances between self-directed IRAs on our website, but we'll examine the general differences here.
Many retirement models involve a passive relationship between investors and administrators, while self-directed retirement investing incorporates direct participation by the account holder. Though it may not always seem like it, a multi-faceted investment system actually serves to protect consumers rather than obstruct them.
Modern West Virginia holds a presence in common industries like chemicals and biotech. It’s also among national leaders in coal production. So how could a tax-advantaged retirement plan get involved with coal mining?
Roth IRAs provide the unique opportunity to generate tax-free retirement wealth. You pay taxes on contributions, but earnings may be distributed without tax liability if you’re able to satisfy certain qualifications. Knowing the relationship between contributions and earnings will help you understand Roth distributions and can help you avoid unintended consequences.
California features several famous wine operations, but the door remains open for other, smaller vineyards or wineries. Anyone looking to start a company will likely need investors to catalyze their operations, and retirement accounts can be potent sources of start-up capital.
A publicly traded partnership can be a more passive investment vehicle with an ambiguous revenue model. You may assume that profits from publicly traded securities are exempt from special taxes, or that distributions are the only taxable events inherent to your retirement plan. Neither assumption is necessarily true.
Having recently visited Moab for the first time, I couldn’t help but notice how local businesses were tailored to the landscape and its tourists. Specifically, mountain bike rental shops provided out-of-state visitors the chance to check out the Slickrock Trail, or take a more casual ride through any stretch of the region. As with most businesses, a rental shop can be owned by a self-directed IRA.
Growth in the alternative energy industry has increased the number of wind turbines and solar panels that provide power to our homes. All this growth has caused many of our self-directed IRA holders to ask us how they can take advantage of this emerging industry as part of their retirement portfolio.
The Birds of Prey Foundation, a non-profit organization in Boulder, CO, has been rehabilitating raptors for over 35 years. This wonderful organization provides refuge to eagles, hawks, falcons, and other predatory birds that have been injured or orphaned until they’re fit to return to the wild. Over 15,000 birds have been accepted and treated since 1981.
Farm land requires acreage, meaning vacant plots of land may need to be re-purposed, developed, or maintained for long-term agriculture. Real estate in a self-directed IRA continues to garner attention, but most people think of fix & flips projects, rental properties, or other such initiatives. Few self-directed investors consider vacant land as a potential retirement asset, but it can be just as lucrative as other real estate investments.
The acronym stands for Savings Incentive Match Plan for Employees. Employees and employers may each enjoy tax deductions in the years they make SIMPLE IRA contributions.
When it comes to owning real estate assets in an IRA, it may be tempting to live in the property or work on the property before it is distributed out of the IRA. However, these are prohibited by the IRS and can result in steep penalties and a distribution of the account.
When you receive an IRA distribution of cash that was made from the sale of real estate, it is taxed at ordinary income tax rates. Isn’t this rate much higher than the capital gains rate you would pay on the sale of real estate outside of the IRA?
A stolen e-mail address can do a lot of damage these days, so we follow key measures to help mitigate the risk of exposure should a criminal acquire your personal information and attempt to access your account. As lawbreakers develop new ways of attacking your identity, IRA custodians like New Direction Trust Company must remain ahead of the curve.
Per Internal Revenue Code Section 1031, real estate investors may defer capital gains taxes on profits earned from selling a property if the sale proceeds are used to purchase a like-kind real estate investment. These transactions are called 1031 exchanges.
IRC Section 72(t) allows for IRA distributions without penalty if certain conditions are met. Specifically, subsection 72(t)(2)(A)(vi) allows penalty-free distributions from a pre-tax IRA or 401(k) provided they occur as a series of substantially equal payments.
Gold and silver continue to attract collectors, investors, and anyone else looking to fortify their financial spectrums with physical assets. The market has evolved to match consumer demand by allowing individuals to participate in precious metals investing through a variety of diverse avenues.
With the bulk of their focus on the here and now, millennials may not be giving retirement an appropriate level of attention. Many view retirement as an abstract concept that they’ll worry about eventually; they would rather have their full paychecks and live in the moment. For the forward-thinkers, ideas and methods may not be as strong or comprehensive as they could be.
Hopefully, that rental property has served your retirement plan well, not only appreciating in value over time, but also providing regular monthly cash flows over a number of years. But what if you’ve decided you really want to retire and live in that house?
Some may speak of IRAs and 401(k)s interchangeably, while others may not be overly familiar with either account type. In determining the most advantageous course of action for retirement, it’s important to understand the differences between a self-directed IRA and a self-directed Solo 401(k).
Technological platforms in the financial industry—also known as fintech—have rapidly developed to accommodate the diverse strategies of today’s self-directed investors. The ease of transaction execution has become a point of emphasis as demand for quick access to alternative investment options continues to rise.
The Roth IRA continues to provide investors with unparalleled retirement opportunities over the totality of their lives. Roth IRAs hold hundreds of billions of dollars in cash and assets today. That figure will assuredly climb as investors continue to adopt the unique advantages provided by Senator Roth’s signature brainchild.
When you buy precious metals with the money in your pocket, you hand over the funds and receive the items. Case closed. To pursue retirement diversification and the tax advantages of self-directed IRA investing, a precious metals transaction becomes a matter of paperwork instead of an exchange of money for gold, silver, platinum, or palladium.
The American Eagle coin, a prominent and relatively trusted “brand” in the precious metals community, was made available to palladium investors on September 25, 2017. The first ever Palladium American Eagle featured one ounce of .9995 fine palladium and therefore meets the minimum purity requirement for IRA eligibility.
Saturday's Kentucky Derby puts the Bluegrass State in the national spotlight, but Kentucky boasts a multi-billion dollar equine industry beyond the big race. Common segments of the horse business like racing, performance, and recreation remain prevalent. Other sectors like breeding, training, riding, and handling serve the needs of specialized animals and their owners.
Your information will never be monetized at New Direction Trust Company. Furthermore, any information we collect in exchange for access to our free educational library or investing guides will never be provided to advertisers. We retain this information so that our dedicated staff can follow up with those who have expressed an interest in our services.
Form 5498s are typically issued after tax day. This document describes the fair market valuation of your account, any contributions you made in the precious tax year, and the type of asset(s) your account held.
To help them prevent overspending on account management fees, New Direction Trust Company allows our clients to switch between the per-asset and per-value fee models on the anniversary of their first transactions. Let’s review a few example scenarios that may help you identify an opportunity to reduce your annual expenses.
We love telling the story of self-directed IRAs. Did you know that your success story may inspire others? We invite you to share your story and help others understand the opportunities available through self-directed investing.
Many success stories begin at square one, so don’t be discouraged if you feel ill-equipped to tackle an alternative investment strategy right now. In fact, recognizing your need for a stronger knowledge base before investing your hard-earned money can be one of the smartest and most important initial moves you can make.
The Setting Every Community Up for Retirement Enhancement Act of 2019 (The SECURE Act) has passed through the House Committee on Ways & Means and may now be approved by the higher branches of government. If implemented, the SECURE Act would carry a series of important developments for retirement investors.
What happens when the next stock market correction rolls around but the needle keeps plunging, as it has done before and may do again? Self-directed IRAs allow investors to capitalize on any market condition and take advantage of considerable tax advantages, but they also provide a critical hedge against the market volatility we saw in 2018.
You may have received a Schedule K-1 for your self-directed IRA that describes earnings generated via UDFI or UBTI. Find out if your individual retirement plan owes unrelated business income tax (UBIT) on these earnings.
Owning real estate with your self-directed IRA can be a profitable endeavor for your retirement portfolio if you can implement and maintain a property management strategy.
Did you open and fund an LLC with your self-directed IRA to store precious metals at home? Have you developed concerns about IRS regulations? We’ll address the steps for legally dissolving your LLC and transitioning precious metals from home storage to a depository, all while maintaining the tax advantages of your self-directed retirement plan.
In the world of retirement investing, it can pay to understand the ebb and flow of the markets that could affect your financial future. Our company strives to keep our finger on the pulse of all matters related to alternative IRA investments, and developments in the real estate industry have highlighted new and interesting angles that self-directed investors may not readily consider.
Physical assets like precious metals and real estate have held some measure of value throughout the known histories of investing and commerce. As such, incorporating alternative IRA investments like these—which have spanned decades in their relevance—into your self-directed retirement plan can help protect your portfolio against the volatility of the intangible securities exchanged on Wall Street.
A combination of high student loan debt, rising home prices and healthcare costs, a competitive job market, and the uncertainty surrounding future social security benefits could put today’s high-20s, low-30s population in a considerable bind. However, millennials still have their entire lives to build self-directed retirement accounts. Long-term success is predicated on kicking the tires as soon as possible, but millennials must overcome the psychological barriers of starting small.
One of our newer clients opened an IRA account on Monday and funded an investment on Thursday, giving him a four-day turnaround from getting started at New Direction Trust Company to having his first asset in place. Some prospective clients or asset providers may believe that self-directed investing is a clunky and time-consuming process, but this client proved otherwise.
We have learned of a common misconception about custom precious metals items. Many people believe that custom coins—or perhaps anything not produced by the United States government—cannot be held by a self-directed IRA. This is certainly not the case, as anything meeting the respective purity requirements for gold, silver, platinum, and palladium are fair game.
A self-directed IRA custodian can be a bank, trust company, insurance company, or any other such entity that satisfies IRS stipulations outlined in the Internal Revenue Code. Whether you invest your retirement plan in stocks, mutual funds, or alternative IRA investments like real estate or precious metals, there’s an IRA custodian in the background that holds your account.
Pet owners often regard their furry friends as members of the family, so an otherwise favorable rental opportunity simply won’t do if it can’t accommodate the needs of the entire family. You can set yourself apart from your competition by welcoming your new residents and their fur babies with open arms, all for the benefit of your self-directed retirement.
Lower income throughout one's working life needn't necessarily jeopardize his or her retirement. Instead, the key lies in finding a way to uphold your standard of living by replacing your income with social security benefits and your retirement savings.
Have you considered avenues for staying busy in your golden years? Self-directed investing could be the perfect way to avoid idle hands and keep making money even after you wave goodbye to your primary occupation. You're certainly not alone if a hands-on approach to retirement speaks to you.
If you own real estate property, you have to submit a valuation to your administrator every year to ensure proper tax reporting by your IRA administrator. A fair market valuation is used to establish or change the value of a real estate holding.
Perhaps you’ve already funded an HSA and have since incurred a medical expense. Should you take an HSA distribution to cover it, or should you cover the expense out of pocket? Let's review some questions you might ask yourself when thinking about HSA distributions.
With larger contribution limits and trillions of dollars currently situated in retirement plans, investors are able to look outside the realm of publicly traded equities and into assets such as real property. Though investors continue to become more sophisticated in their real estate transactions, undeveloped land remains a viable option for IRAs and other retirement plans.
Private lending with a self-directed IRA enables you to utilize the business model you know and trust while harnessing a significant degree of control over your retirement. As with almost any investment approach, there are a number of ways to invest in debt with your individual retirement plan.
April 15 marked the due date for our personal tax returns and our last chance to make 2018 IRA contributions. That is, unless you hold a SEP IRA. SEP IRA holders have until their business tax filing deadlines to make contributions into their accounts.
Over-zealous advertising may dangle a “dream retirement” across your screen in the hopes of selling their potentially suspect investment products. You may dismiss such chatter but still wonder if you can retire comfortably without taking a chance on a dubious offering or without implementing some sort of financial genius. Retirement may seem like an intimidating landscape, but self-directed investors continue to unhinge this negative stigma.
A promissory note is a written, signed, and dated contract that establishes the rights and duties of the parties involved in the loan agreement. The loan recipient agrees to pay a certain amount of money either on demand, at a specified time, or in installments to the lender.
You may adjust some or all of your existing pre-tax holdings to a post-tax status by executing a Roth conversion. There are no limitations to the size and scope of allowable conversion activities at this time, so you could combine multiple Traditional IRAs at any value into a single Roth IRA if you're so inclined. You may also convert your assets in-kind, so you wouldn't have to liquidate your holdings before making the switch.
Unrelated business taxable income (UBTI) is operating income that can be earned by a retirement plan. UBTI could include rental income from non-real estate assets (regardless of debt leverage, provided they’re owned directly by the plan) or earnings yielded through an investment in a pass-through entity.
Curiosity surrounding precious metals IRAs continues to rise and more investors are beginning to incorporate physical assets into their retirement portfolios. Learn more about adding physical gold, silver, platinum, or palladium to your self-directed retirement portfolio.
Many IRA custodians only provide their clients with the option to invest in a Gold or Silver Exchange-Traded Fund (ETF) and give them no opportunity to purchase physical precious metals. With a self-directed IRA from New Direction Trust Company, investors can use their retirement funds to purchase physical metal, rather than purchasing shares in an ETF.
Many savers are already familiar with tax-advantaged vehicles such as the 529 Plan or Coverdell Savings Account, but did you know that all IRA account structures offer certain incentives for educational expenses as well?
What many investors do not understand is that by holding real estate in a self-directed IRA, investment returns can be sheltered under the tax-advantaged umbrella associated with retirement plans.
Leveraging can be a valuable tool to increase the buying power of an IRA. Leveraging means borrowing funds to increase purchase power and acquire a property that would otherwise be un-affordable.
Some people may not know that their Individual Retirement Accounts can be legally invested in almost any type of asset except collectibles and life insurance. That means you can invest your retirement funds in precious metals like gold, silver, platinum and palladium—and it's a relatively easy process.
For those with a penchant for real estate investing, IRAs are a potent vehicle. Outside of tax-advantaged accounts, rental income is taxed every year, and passive activity rules restrict your ability to claim losses from real estate. When you use a self-directed IRA to invest in real estate, you can accumulate all of that rental income tax-deferred, or tax-free if you hold the asset in a Roth IRA.
Summer vacations are the perfect time to find a dream home in an ideal location. Investors are often in the market for clever solutions for affordability, so it’s important for them to be aware of all of the available investment tools. One such tool is the self-directed IRA.
We’ve entered the home stretch of the 2018 tax year. In light of the upcoming tax filing deadline on April 15, there are a few matters worth bearing in mind over these next couple of weeks.
Self-directed investors have a wide range of retirement account options, but by far most prevalent are Traditional IRAs or Roth IRAs. Both feature the same annual contribution limit (as of 2019) and both allow alternative IRA investments like real estate and precious metals, so what’s the difference?
A company may file for an initial public offering (IPO) when they want to issue stock on open markets in the hopes of generating new enthusiasm from eager investors. These same companies could execute another cash-seeking maneuver by launching a pre-IPO, in which additional investors (usually insiders or institutions) can acquire private shares that will ideally appreciate in value once the IPO goes live.
The period between January 1 and the tax filing deadline (April 15) presents a unique opportunity to make IRA contributions for multiple tax years. Contributions for a given tax year are allowed from the beginning of the calendar year until tax day the following year, giving self-directed investors approximately 15 ½ months to contribute for said year.
Building your retirement doesn’t necessarily mean having to invest in a mega-corporation that doesn’t align with your beliefs. While tailored ETFs or mutual funds allow investors to target a particular market segment or industry, alternative IRA investments afford the unique opportunity to invest directly into socially conscious projects for those who are so inclined.
Self-directed IRA investing can help make tax season a little more “fun” (did you get a nice tax deduction from your Traditional IRA contributions?), but your account may carry certain responsibilities depending on your IRA-owned alternative assets. Specifically, your IRA may have to pay unrelated business income tax (UBIT) if it earned money through investments in an operating business or debt-leveraged property.
The IRS places very few limits on what you may buy with your IRA retirement funds. It is your IRA custodian who has put those limits on your retirement account. Truly self-directed IRAs allow you, the investor, to choose your investments.
As with other self-directed retirement plans, you have multiple options for adding funds to your health savings account (HSA). You could make HSA contributions or transfer funds from another HSA, but you can also utilize a little-known option once during your lifetime - Roll funds from an IRA or 401(k) into your HSA.
It’s the time of year when taxes are on our minds, and we may still be putting the finishing touches on 2018. To this effect, remember that your 2018 account statements are now available online.
A lot of money and sensitive information changes hands during tax season, which can bring scammers out of the woodwork to try and maliciously seize identities or refund checks. Fortunately, the IRS is well aware of the heightened risks during the weeks leading up to tax day and wants to help responsible taxpayers keep their eyes peeled for potential threats.
The end of 2018 saw its share of uncertainty from a political and economic standpoint. A key carryover into the New Year was the partial government shutdown, which began on December 22 and extended into a record-breaking, weeks-long affair. One’s inability to confidently operate financially under such circumstances can create frustration, but it is always important to consider ways of adjusting to challenging times.
According to the Center for Retirement Research at Boston College, Americans age 65 and older are still paying, on average and after Medicare, thousands of dollars on medical expenses every year. It may behoove us to remember these expenses as we manage our self-directed investments and plan for our futures. An HSA can be a valuable tool in doing so.
One of the more frequent inquiries we hear at New Direction Trust Company regards the transacting of business between an IRA and a private company. The account holder must discern whether the participation in the private company is a loan or a private stock (or equity) purchase.
We posted a blog a short while ago about a hypothetical investor who rolled funds from an old 401(k) and purchased real estate with a Traditional IRA. Every stage of the investor’s life provided new opportunities and considerations for adjusting the investment or taking distributions. Let’s review a similar scenario in which our intrepid self-directed investor opens a Roth IRA for private equity investments.
A self-directed 401(k) puts you in the driver’s seat for any investment activities you want to pursue. With a self-directed 401(k), you may transfer, roll, and invest as you see fit as long as your plan document is written to allow alternative assets.
Per the IRS, “…IRA law does not prohibit investing in real estate, but trustees are not required to offer real estate as an option.” Because IRA providers are not required to offer real estate, it is up to the IRA holder to establish an account with a provider that will perform the administration and bookkeeping necessary for that asset.
As we carry on into the New Year, our 15th year in business has felt like a new beginning. In 2018 we proudly announced that we became New Direction Trust Company (NDTCO). As a fully chartered trust company, we are empowered to bring our services to the next level and position ourselves for accelerated growth in 2019 and beyond.
The beauty of self-directed IRA investing lies in the powerful combinations of strategies you can implement. From the various account types to your broad range of alternative investment options, you have ample opportunities to meet your retirement goals while operating within your risk tolerance.
Self-employed individuals may be curious about their retirement options, and, as with any self-directed investor, may want to put an alternative investment strategy to work for their futures instead of relying on Wall Street. Although every retirement investor may work toward different goals, a SEP IRA can be a suitable self-employed IRA option for those looking for flexibility and higher contribution limits.
You may already be aware of the tax and contribution benefits that separate health savings accounts (HSAs) from other self-directed savings vehicles, but are you making the most of those benefits?
Investing in private equity with a self-directed IRA affords the unique potential for profit when the company in which your account is invested elects to go public via initial public offering (IPO). Once made available on the public markets, the stock may climb as Wall Street traders seek to capitalize on the freshly available investment opportunity.
The legal production of industrial hemp has transcended individual state legislation to become allowable at the national level. As a result of this recent development, New Direction Trust Company is proud to begin accepting industrial hemp-based positions as investments in self-directed IRAs, 401(k)s, and health savings accounts.
I am passionate about my work and I strive for success. I want to put my best foot forward each day to accomplish my goals and help create a product that best serves our clients and business partners.
If you have a Traditional IRA, you’ve likely heard that you’ll one day be responsible for required minimum distributions (if you’re not already). To eventually collect the taxes you’ve deferred over the years, the IRS mandates partial distributions from your pre-tax IRA once you reach age 70 ½.
In a reboot of our Lunch & Learn series, our resident craft-smiths Suzy, Leslie-Anna, and Cynthia taught us how to make decorative ornaments for the holiday season.
There are many “subcategories” in the real estate field—long-term rental properties, fix & flips, land speculation, etc.—all of which your self-directed IRA can hold. Real estate options are other seldom-addressed but viable possibilities for retirement investors.
Real estate IRAs offer the potentially lucrative marriage between a tried and true investment strategy and the tax benefits of a self-directed IRA. Supplementing an investment with debt may seem counterproductive, but an approach backed by due diligence can still prove fruitful.
Self-directed investors who own small companies (ten employees or less) often compare the benefits of a Solo 401(k) with those of a SEP IRA. Both plans offer a distinct suite of benefits that can promote the retirement success of self-employed investors.
The end of the year can be hectic with gifts to buy, parties to plan, and considerations for your self-directed retirement account. You may think you have more on your plate than you actually do, so let’s review some end-of-year circumstances that you may need to address and others that can wait until 2019.
When navigating the world of self-directed investing, one of the most important things to understand are the rules governing how you may fund your account. Overfunding your account can get you in trouble with the IRS and incur tax penalties. Underfunding your account can result in missed opportunities and overlooked tax advantages.
Tax-advantaged individual retirement plans offer opportunities for long-term financial success, so it’s beneficial to know the full scope of potential taxation within your IRA or 401(k). In many cases, taxes won’t apply unless distributed cash or assets are included with annual income, but there’s an occasional misconception that distributions are the only taxable events inherent to self-directed retirement.
It’s the holiday season, which means it’s also the spending season. Savvy consumers may tap two of the year’s biggest shopping days—Black Friday and Cyber Monday—to garner the best possible deals as they tackle the wish lists of their friends and families. Self-directed investors like you can reflect on this season and take the opportunity to consider how you might be able to save money with your IRA activities.
As the Client Relations Manager, my responsibilities are heavily focused on providing our clients with an exceptional experience. I feel my experience and knowledge base prior to working here has given me the ability to see the big picture, both for our clients and for the company.
It's never too early to start thinking about the fair market valuation of assets in your self-directed IRAs, especially as the end of 2018 approaches and our attention diverts toward winter weather and holiday festivities. Fair market valuations, or FMVs, contribute valuable information that assists New Direction Trust Company in maintaining the most accurate possible record for your alternative IRA investments.
Technology is helping to remove the barriers between individuals and their desired investments. A key example to this effect has been the rise of equity crowdfunding, which has granted easy access to start-up companies in need of capital from the comfort of one's own computer.
The IRS recently published important information for self-directed retirement account holders. Depending on your account type, you may have the opportunity to make higher contributions in 2019.
Thriving local economies and population influxes mean new people and new money continue to flow into growing markets, sparking a need for additional housing. Investors can help meet this rising demand and earn tax-advantaged rental income with their self-directed retirement plans.
It’s trick-or-treat season, when costumed youngsters fatten their pillowcases and plastic pumpkin pails with as many sugary favors as they can get their hands on. Stock investors have fattened their portfolios with treats since the end of the financial crisis in the late 2000s, but 2018 had a few tricks up its sleeve.
My passion is to provide amazing customer service and treat people the way I would like to be treated. I strive to improve daily and I am passionate about learning something new each and every day.
From the mid-to-late 2000s, a toxic slurry of factors sent the American economy into a tailspin. Retirement accounts invested in the major stock indices—or the stock market in general—endured the bumpy ride through what we now remember as the Great Recession.
In the midst of a nine-year bull run following the financial crisis of the late 2000s, the major stock market indices have repeatedly oscillated between all-time highs and sharp corrections in 2018.
In the unfortunate event that an asset in your self-directed IRA has become uncollectible, unredeemable, or has otherwise been determined to no longer carry value, there are several important steps you can take to mitigate the overall effects.
You may notice a high-deductible option among your provider's suite of products and wonder why anyone would choose to pay more out of pocket before benefiting from insurance. High-deductible health plan participants typically pay lower premiums, but they're also the only ones who may contribute to a health savings account.
The flexibility and freedom of self-directed retirement comes with inherent responsibilities for all parties. IRA custodians like New Direction Trust Company are required to report the value of your retirement plan to the IRS on an annual basis.
Rick’s story began well before he learned about self-directed IRAs. He had invested in property in Hawaii and Las Vegas, until the turn of the millennium when he directed his attention to publicly traded equities. 10 years later, Rick and his fellow Wall Street investors endured the brutal economic downturn of 2008-2009. Rick decided it was time to re-adopt the tried and true investment approach from his past.
Value fluctuations are a reality for any asset class. Price movements in alternative investments can impact your self-directed IRA and may catch your attention, so let’s examine the possible ways that you, as a retirement investor, could address the ebb and flow of the broader markets that may translate to your account’s holdings.
It’s hard to believe that we’re entering the home stretch of 2018. We’ve already accomplished a great deal this year, but there’s still plenty to take care of before we turn the calendar.
NDTCO provides services that give people control and flexibility in their own financial decisions, which I am very proud to be a part of.
Nearly one year after issuing their non-proof counterparts for the first time ever, the United States Mint introduced a limited number of Palladium American Eagle proof coins for public purchase on September 6.
Earlier this week, we proudly announced the acquisition of our trust charter to become New Direction Trust Company, a Kansas-regulated non-depository trust company based in Overland Park, Kansas with administrative offices in Louisville, Colorado. We’re taking our 15-year background as a self-directed IRA provider to the next level by expanding our operations for the overall benefit of our clients, all while maintaining the industry-leading standards of customer service and education that brought us this far.
A lot of people are surprised when they learn that IRA rules allow them to hold real gold bullion, gold coins and other similar forms of precious metals within their retirement accounts. But IRA rules give investors a lot of leeway as to what they can hold in their accounts.