Roth IRAs in 2010 Part 2

How to Protect Your IRA & 401k Retirement Assets by Bill Losey, CFP.mp4

www.BillLosey.com Bill Losey, CFP, retirement planner and retirement strategist shares on how to protect your IRA & 401K retirement assets.

401k rollover to Roth IRA for married couple both age 60, Does it make financial sense?

With the new rule in effect as of March 2008 allowing a direct 401k rollover to Roth IRA, could you shed some light on this scenario: A couple, both over 60 files jointly and will be earning less income when retired. Currently both are working and earn 100,000. When retired their income will be 46,000. They have 300,000 combined in their 401k and would like to know if it makes financial sense to rollover to a Roth Ira. Thank you for your help.

Basic Facts About Self Directed IRA Real Estate Investments

One of the popular features of self directed IRA real estate investments is the limited custodial participation and reduced custodial fees. This means that self directed IRA holder does not have to pay additional special, asset based, holding, or other related types of fees, including transactional fees for each check from your investment that you draw.
IRAs were created in 1975, as part of the Employee Income Security Act of 1974, or ERISA, and self directed IRAs were also created during this time. Most investment choices during this time included real estate and notes. Technically, self directed IRAs are no different from traditional IRAs.
They differ in their investment options, since most traditional IRAs only permit investment options in approved stocks, mutual funds, bonds, and CDs. This type of IRA allows, in addition to the investment types mentioned above, for tax lien certificates and private placements.
Some of the benefits of this investment type include special tax deductions, estate planning and asset protection options. A self directed IRA allows you to have complete control over your Individual Retirement Account funds, with most people opting to be custodians of their accounts, which, depending on individual financial portfolios, may or not be a feasible option for everyone.
The differences between purchasing personal real estate and a real estate investment for a self directed IRA have to do with expenses, signatures, funding, and title. In terms of signatures, all documents pertaining to the investments must be signed by the custodian appointed to the IRA, any expenses associated with your investment must be paid from and any income resulted from this investment must be paid from and into your IRA.
When you purchase an asset for your IRA, it must be titled properly to reflect its investment status and must make mention of the custodian of your IRA.
Investments purchased must be done so with funds directly from the IRA. You should also be aware that you cannot use your IRA to purchase real estate that you currently own, since this, as well as the purchase of real estate owned by your corporation or LLC is considered a prohibited transaction.
Self directed IRA real estate investments can be very profitable if handled and managed correctly, which is why so many people decide to pursue these alternatives to traditional IRA investing. Be sure to do your research and consult with your financial advisor before making any final decisions.

What Are the Differences Between a “Traditional” SD Custodian and a TRUE SD Custodian

Click for Our FREE Offer!!!! retirementfundsecrets.com john@pgiselfdirected.com (602) 684-2922 visit us at pgiselfdirected.com PGI’s TRUEIRA and TRUE 401k combine the best of both worlds. The flexibility to invest when, where and how you choose along with 100% CHECKBOOK CONTROL. No more waiting. No more paperwork. Investing is as simple as writing a check. All these benefits, and the TRUE Self-Directed IRA and TRUE 401k are less costly to maintain. Fees are significantly lower than Traditional “Self-Directed” custodians.

Prohibited Transactions — Disqualified Individuals

Visit pgiselfdirected.com and selfdirected401kblog.com Contact John Park if you have any questions related to a self-directed IRA or 401K. john@pgiselfdirected.com (602) 684-2922 begin_of_the_skype_highlighting (602) 684-2922 end_of_the_skype_highlighting begin_of_the_skype_highlighting (602) 684-2922 end_of_the_skype_highlighting visit us at pgiselfdirected.com PGI’s TRUEIRA and TRUE 401k combine the best of both worlds. The flexibility to invest when, where and how you choose along with 100% CHECKBOOK CONTROL. No more waiting. No more paperwork. Investing is as simple as writing a check. All these benefits, and the TRUE Self-Directed IRA and TRUE 401k are less costly to maintain. Fees are significantly lower than Traditional “Self-Directed” custodians.

Contribution level to a rollover IRA?

Does a rollover IRA act just like a traditional IRA? Our plan is to rollover our 401(k) to a Rollover IRA – but we probably won’t go into a Roth due to the size of the 401(k).
How much can we contribute annually to the Rollover IRA? Does it eventually become a Traditional IRA?

How can I find a good IRA to rollover too?

I know nothing about finance. I have a traditional and Roth IRA with this company. The financial advisor won’t return my phone calls or emails so I am ready to put my money somewhere else. How can I find another company on my own? Is there a rating system out there somewhere? HELP!!

Roth Conversion 2010

Potential pitfalls of converting to a Roth and what it could mean for your finances.

Roth IRAs in 2010 Part 1

« Previous Page — Next Page »