Blogs
Small Business Retirement Plans
Data updated 2-4-2020 The US Small Business Administration (SBA) released a report which highlighted a concern - only about a third of small or midsized business owners have an IRA. Even of this small majority, a further third were the only ones actually making...
SEP IRA vs Self Directed IRA: Which is better?
Most small business owners worry about financial security since they are not covered under an employer-sponsored retirement plan. However, with the improvements in IRA plans over the years, it has now become possible for small business owners to secure their life...
Paying Off Debt Before Retirement
The common mistakes most of us make while saving for retirement is not calculating the rate of inflation and contingencies like long-term illness or accidents, which can drastically cut off your income flow. The major reasons why our retirees are suffering from debt...
What Is The Best Age To Retire in US
The optimal age to retire in the United States is a complex question with no definitive answer, however the average retirement age in the United States is 62. It hinges on a variety of factors, including financial security, health, and personal preferences. While...
6 Retirement Myths You Must Not Fall For
Planning for something which is stretched out far away in the future is not always a top priority in most people’s lists. This is true in the case of retirement planning too. I have seen too many people taking a casual approach to saving because of the various...
Self-Directed IRA – Prohibited Transactions and Investments
While a Self-Directed IRA gives you enormous freedom in managing your retirement portfolio, make sure you do not get carried away. There are certain transactions and investments that are prohibited in a Self-Directed IRA. If you inadvertently create a PT, it could be...
Non Recourse Loans for Self Directed Accounts
Best Retirement Plans to Choose From
Retirement plans are ultimately special investment accounts with a tax shield. These plans have been designed to help you save to meet your retirement goals. Some retirement plans even give you the option to invest in a variety of avenues, which are diverse and offer...