If you don't put some of your retirement money into investments that are different from the normal stocks and bonds, you could be losing out on a big chance for gain. Here's a guide to self-directed IRA investments that you didn't know you needed. Advantages of Self-Directed IRA Investments Self-directed retirement plans can help you save money for retirement. There are four main … [Read more...]
How to Save Money with Cryptocurrency Tax Loss Harvesting (2022)
If your cryptocurrency's value has decreased, you may be able to lessen your tax bill by taking advantage of tax-loss harvesting. This guide provides an overview of tax loss harvesting, explains why cryptocurrency is an effective candidate for this strategy, and outlines a step-by-step process for identifying the best candidates for tax savings in your crypto portfolio. What is tax-loss … [Read more...]
Investing Your IRA in a Business You Work At
It is truly important to work at a company that you believe in. Having a job where you feel like you are contributing to the success of a growing business is wonderful. If you are able to invest in a business that you are passionate about, you may be able to see a financial return from your investment. You can make your investment very tax efficient by using a Roth IRA or pre-tax IRA. Can you … [Read more...]
Intro to Crypto Estate Planning
Neither death nor taxes are something that crypto traders want to think about. It is crucial to have an estate plan, especially for those who have a lot of digital assets which would be hard for others to get to. It is important to plan ahead to ensure that your digital currency will go to the right people in the event of your death, without causing them undue hardship or excessive taxes. It's … [Read more...]
Self-Directed IRA Investments
There are several options that American taxpayers have available to them when saving and investing for retirement. Some taxpayers are beginning to feel an urgent need to supplement their retirement savings because of the recent shift from company-sponsored defined-benefit pension plans to 401(k) defined-contribution plans, along with the uncertainties associated with Social Security. IRAs can be a … [Read more...]
Real Estate Investments in an IRA
Many retirement plans allow investing in real estate, which can be a great way to diversify your portfolio. Since its founding in 2005, Safeguard Advisors has established thousands of self-directed plans for investors wanting to invest in rental properties, flipping houses, leasing out farmland, or participating in a syndicated commercial real estate deal. There are many reasons that self-directed … [Read more...]
How to Invest in Tax Liens & Deeds with Your Plan
Investing in tax liens and deeds can be a great option if you're looking for ways to grow your retirement savings quickly. If done correctly, tax-lien investing can generate higher than usual returns on a regular basis. Investing in tax liens and tax deeds can be a good choice for those with a limited budget, as these assets can be obtained for a relatively low cost. This enables investors to … [Read more...]
How to Flip Houses in your Self-Directed IRA
Many people who are interested in investing in a self-directed IRA or Solo 401(k) retirement plan are drawn to property flipping because it is a popular investment interest. The opportunity to turn a profit by flipping houses has been strong in many markets over the past few years. Since self-directed retirement plans allow people to have more control over their investment activities, it's not … [Read more...]
How to Complete a Self-Directed IRA Rollover
You can fund your Self-Directed IRA LLC by transferring money from another IRA account, or by rolling over an eligible defined contribution plan. Plans that are eligible include 401(k) retirement plans under Internal Revenue Code Section 401(a), 403(a), 403(b), and governmental 457(b) plans. What is the most Common Way to Fund a Self-Directed IRA? Transactions that allow movements of assets … [Read more...]
How to choose a crypto exchange
So you want to choose a crypto exchange but don’t know where to start? Our guide will show you everything you need to get started in choosing a cryptocurrency exchange. What is a cryptocurrency exchange? A crypto exchange is a platform where you can trade cryptocurrencies. dollar (USD). If you want to buy cryptocurrency like Bitcoin (BTC), you can do so using a regular currency like the U.S. … [Read more...]