A Solo 401(k) is a great way to save for retirement while getting tax benefits. One of the best ways to take advantage of your benefits plan is to make regular contributions. This is often overlooked. If you have a Solo 401(k), here are a few tips about making contributions: - You can contribute up to $18,500 annually, plus an extra $6,000 if you're over 50. - You can make contributions in one … [Read more...]
Buying An IRA Property With Cash: How to Buy an IRA Rental Property
Many retirement investors are now choosing to invest in residential real estate. You can legally invest in real estate through an IRA or 401(k), and this can help to diversify your retirement portfolio. In order to invest your retirement funds in real estate, you must have an account with the right company. This article will give you an overview of how to use IRA funds to invest in real estate, as … [Read more...]
Bitcoin Investing: Your Easy 3-Mintue Guide to Bitcoin
Bitcoin was created in 2008 during the middle of one of the worst financial crises in recent memory. The economic downturn was largely caused by irresponsible practices within the United States housing market, which rippled throughout the world economy and is often considered a major factor in the subsequent European debt crisis. Essentially, loans that were known to have a high chance of default … [Read more...]
10 Simple Strategies to Reduce Your Crypto Tax Bill
Are you looking for an easy way to reduce your crypto tax bill? There is no way to avoid crypto taxes completely. There are serious consequences for tax fraud and tax evasion. There are strategies that can help investors minimize their tax burden, although it is not legal to do so. This article contains tips on how to reduce the amount of taxes you owe on your cryptocurrency earnings. … [Read more...]
Buying XRP with a Self-Directed IRA or Solo 401(k)
There are five different IRA providers that make it possible and easy for investors to add Bitcoin or other cryptocurrencies to their retirement portfolio. Bitcoin is the most popular digital currency retirement investment. The currency being worth over $150 billion and being the most valuable crypto11 years after its invention makes sense. Even though it is the most popular, there are … [Read more...]
Are Bitcoin and Ethereum the NEW Gold and Silver?
Bitcoin and Ethereum can be seen as the digital versions of gold and silver, as they are both valuable and have a lot of potential. In the last year, you have been able to invest in Bitcoin through an IRA or 401k, like you would with precious metals. We examine the eerie similarities between the two largest cryptocurrencies and the two long-time champion safe haven precious metals. Bitcoin … [Read more...]