by Mat Sorensen | Jan 8, 2021 | Blog
A SEP IRA is a powerful retirement account used by many self-employed persons and business owners. It is particularly attractive as you can contribute up to $58,000 to it annually. That’s in comparison to a Traditional IRA, where you can only contribute up to $6,000 a...
by Mat Sorensen | Jan 7, 2021 | Blog
HSAs (“Health Savings Accounts”) are growing in popularity as Americans are discovering significant tax savings with these accounts. Why are they popular? There are many reasons why; some well known and others not so well known. Let’s start with the primary benefits...
by Mat Sorensen | Jan 5, 2021 | Blog
As the price of Bitcoin (BTC) has surpassed $50,000, we have seen increased interest in using IRA and other retirement plan funds to own Bitcoin and other cryptocurrencies. But can your IRA, Roth IRA, solo(k), or other retirement account own Cryptocurrency? Yes, your...
by Mat Sorensen | Jan 4, 2021 | Blog
Many self-directed IRA investors use an IRA/LLC to make and hold their self-directed IRA investments. In essence, an IRA/LLC (aka “checkbook-controlled IRA”) is an LLC owned 100% by an IRA. For a summary and description of an IRA/LLC, please refer to my video here....