As a self-directed IRA holder, are you aware of what your IRA can and cannot do? Today’s guest post by Warren L. Baker highlights the dangers of being uninformed. Warren L. Baker is the founder and managing tax attorney of the Fairview Law Group. His practice assists clients with tax-efficient structures for various transactions. In […]
Self Directed IRA and 401kMany ignore their IRAs and 401ks when it comes to estate planning. This can be for any number of reasons:Retirement accounts are considered “untouchable” for most of lifeMany assume that their retirement accounts will be depleted during their lifetime (which is rarely true)Many are not aware of […]
I know, I know, everyone is tired of talking about the Presidential election, but I wanted to say just a few quick words about the potential impact of the new administration (and congress), as those changes relate specifically to self-directed IRAs. As some of you might be aware, Senator Ron Wyden (D-Oregon; current Ranking Member […]
The US Government Accountability Office (GAO) is researching “non-traditional” investments within self directed retirement plans(again). Reason for concern or optimism? For those of you who have followed my past articles and/or my blog posts on the topic of self-directed IRA investing (i.e., retirement accounts that invest into “non-traditional” assets, like real estate, lending, privately-held companies, etc.), you […]
Creditor protection for retirement accounts takes a hit – inherited IRAs not protected in federal bankruptcy The United States Supreme Court issued a 9-0 decision last month holding that inherited IRAs are not protected under the federal bankruptcy exemptions that can otherwise protect retirement accounts. In Clark v. Rameker, a Wisconsin pizza shop owner and her husband filed […]
Those of you who are regular readers of mine know that I have dabbled a bit into writing articles – mostly in the area of self directed IRA investors (more specifically, the federal rules and regulations that govern IRAs). My latest attempt at imparting some semblance of wisdom was published recently in a Washington State […]
