Archive for the ‘IRA Contrbutions’ Category

Self-Directed IRA Maximum Contributions for 2016

July 27th, 2016

The maximum contribution limit for a self-directed IRA for 2016 is $5,500 or $6,500 if you’re age 50 or older, or your taxable compensation for the year, if less. Contributions to a self-directed Roth IRA may be limited based on your filing status and income. Contributions made to a self-directed IRA LLC must be made […]

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Converting from a Traditional IRA to a Self Directed Roth IRA

February 4th, 2014

The main advantage of a Roth IRA over a Traditional IRA is that if you qualify to make contributions, all distributions from the IRA are tax-free. Furthermore, unlike traditional IRAs, you may contribute to a Roth IRA for as long as you continue to have earned income (for a traditional IRA – you can’t make […]

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Using Your IRA Funds to Purchase a Business

December 17th, 2013

Leaving your job or thinking of leaving your job and have an IRA or 401(k) qualified retirement plan? Why not use your IRA or 401(k) Plan to invest in yourself instead of a falling stock market? Why put your hard earned retirement funds in the hands of Wall Street when you can use your 401(k) […]

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Self Directed IRA Investments & Maximum Contribution Limits

October 26th, 2011

A Self Directed IRA is a special type of retirement structure that allows you to use your retirement funds to make traditional investments, such as stocks and mutual funds, as well as non-traditional investments, such as real estate, tax-free. With a Self Directed IRA LLC with Checkbook Control you, as the IRA LLC manager, can […]

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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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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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