Archive for September, 2011

How do you take Distributions From a Self Directed IRA?

September 26th, 2011

In general, an IRA holder can withdraw or take a distribution of traditional IRA assets at any time. However, a 10% additional tax generally applies if one withdraws or takes a distribution of IRA assets before one reaches the age 591/2. In other words, if one takes a distribution of IRA funds prior to reaching […]

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Converting to a Roth IRA within a Self Directed IRA

September 26th, 2011

A self directed IRA is a retirement solution that will allow one to use their retirement funds to make traditional as well as non-traditional investments, such a real estate and precious metals tax-free!  The self directed IRA LLC structure can involve Traditional IRA and Roth IRA funds.  In some cases, certain IRA holders with traditional […]

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Rolling Keogh Plan Funds to a Self Directed IRA

September 26th, 2011

The self directed IRA solution is a retirement structure that will allow one to use their retirement funds to make investments such as real estate tax-free.  When one elects to establish a self directed IRA structure, a popular question is whether one can rollover Keogh Plan funds into a self directed IRA structure. In general, […]

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Rolling 401K Plan Retirement Funds to a Self Directed IRA

September 25th, 2011

A common question is whether one can rollover employer qualified retirement plan assets (401(k) Plan) to a self directed IRA.  In general, you can roll over into a traditional IRA all or part of an eligible rollover distribution you receive from your (or your deceased spouse’s): • Employer’s qualified pension, profit-sharing or stock bonus plan, […]

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How do I Transfer Retirement Assets to a Self Directed IRA?

September 25th, 2011

The Self Directed IRA structure is an exciting retirement solution that allows one to use their retirement funds to make real estate and other investments tax-free.  In order to establish a self-directed IRA structure, one would need to transfer retirement funds into the structure. In general, you can transfer, tax free, assets (money or property) […]

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Advantages of using a Single Member LLC for a Self Directed IRA

September 20th, 2011

In general, the determination of whether one will use a single member or multiple member limited liability company (“LLC”) as part of the self directed IRA structure is based on whether the IRA holder will be using one or more IRAs.  Typically, if the IRA holder will just be using one IRA (either a Traditional […]

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How much can I contribute to my Self Directed IRA?

September 19th, 2011

A Self directed IRA is a special type of retirement structure that one allows to use their retirement funds to make traditional (stocks, mutual funds, etc) as well as non-traditional investments, such as real estate tax-free. For 2011, the most that can be contributed to your self-directed IRA generally is the smaller of the following […]

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What happens if I contribute too much to my Self Directed IRA?

September 6th, 2011

Self Directed IRA Contributions In general, there are tax consequences to contributing too much to a self directed IRA in a year.  Generally, an excess contribution is the amount contributed to your traditional IRAs for the year that is more than the smaller of: $5,000 ($6,000 if you are age 50 or older), or Your […]

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How Much can I Contribute to my Self Directed IRA

September 6th, 2011

An individual retirement account is a trust or custodial account set up in the United States for the exclusive benefit of you or your beneficiaries. The account is created by a written document. When it comes to determining the degree of control one has over his or her retirement funds, the use of a special […]

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How to use a Self Directed IRA to Buy Real Estate

September 6th, 2011

Are you one of the millions of Americans who were never told that you could buy real estate and much more with your retirement funds?  Are you more comfortable making investments you know and understand, like real estate instead of trusting all your money with Wall Street bankers? Most Americans would be surprised to lean […]

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