Directed IRA Articles

When analyzing asset protection for self-directed IRAs, we must consider two types of potential threats. First, we must examine how a creditor can collect against an IRA when the creditor has a judgment or claim against the IRA owner personally. Second, and most...

Many self-directed IRA investors use an IRA/LLC (aka “checkbook-controlled IRA”) to hold their self-directed IRA investments. For an overview, see my video here. When using the IRA/LLC structure, the name of the LLC is on the title to the assets, and the LLC’s bank...

Avoid taxes and the headache of reporting to the IRS by buying crypto with your IRA. There are 3 major benefits to buying Crypto with your IRA: The gains from buying and selling crypto are not taxable when done in your IRA. Similar to buying and selling stock in your...

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...

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...

When IRA-owned property is held for rent, the management of the rental property must be structured such that rental income is received by the IRA and expenses are paid by the IRA. The IRA owner and other disqualified persons (e.g. IRA owner, spouse, etc.) cannot...

COVERDELL ESA Kids are going back to school after the break and it’s a great time to think about college and to make financial plans for your children or grandchildren’s education. As you consider the different plan options, you’ll want to make sure you know the two...

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...

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...

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...