by Mat Sorensen | Mar 30, 2021 | Podcast
EP 18 – Roth IRA Conversions and Chunking Strategies Roth IRAs and Roth 401(k)s grow and come out tax-free at retirement. Mark and Mat outline the steps to get to Roth (it’s for high-income earners too) from traditional IRA or 401(k)s and cover the sweet...
by Mat Sorensen | Mar 30, 2021 | Blog
What is the last day to contribute to an IRA for 2020? Taxpayers now have until May 17, 2021, to contribute to their Individual Retirement Accounts (IRAs), Health Savings Accounts (HSAs), and Coverdell Education Savings Accounts (ESAs), according to a statement by the...
by Mat Sorensen | Mar 22, 2021 | Podcast
EP 17 – When Does Your IRA Have to Pay Taxes? UBIT and UDFI Explained Mark and Mat explain the two taxes that can apply to your IRA or other retirement accounts. These taxes, Unrelated Business Income Tax “UBIT” and Unrelated Debt-Financed Income Tax...
by Mat Sorensen | Mar 12, 2021 | Blog
If you’ve inherited an IRA from a parent or another loved one, it is likely that you have an Inherited IRA (aka, Beneficiary IRA). These can be powerful accounts, but you need to understand the Required Minimum Distribution (“RMD”) rules for your Inherited IRA to...
by Mat Sorensen | Mar 10, 2021 | Podcast
EP 16 – How to Invest in Bitcoin and Other Cryptocurrency with a Self-Directed IRA or 401k Mat and Mark outline how you can invest in Bitcoin and other Cryptocurrency with an IRA or 401k. They go over the three strategies available which can all be accomplished...
