What is the best IRA for self-employed individuals?The Roth IRA is one option. Oftentimes considered as the best IRA for self-employed, the Roth IRA has several benefits.Not subject to Required Minimum Distribution (RMD) rulesUnlike other traditional retirement accounts, the Roth IRA is not subject to RMD rules. RMD rules require retirement account holders to take […]
Investors today see the need to boost their retirement savings. One way to do this is through peer-to-peer or private lending. With Sense Financial Service’s Self-directed IRA LLC structure, it is now possible to conduct private lending using your IRA funds. The Self-directed IRA LLC structure enables private lending to qualified parties. Use your retirement […]
Fraud Self Directed IRAWhat are the potential sources of fraud in a self-directed IRA?Let’s look at this in several parts.What is a self-directed IRA?A self-directed IRA is an Individual Retirement Arrangement (IRA) with a custodian that typically allows alternative investments. You, as the account holder, direct the investments of the IRA […]
Self-directed IRAThe self-directed IRA, along with the Checkbook IRA and Solo 401k, can invest in both traditional and non-traditional assets. Participants in these self-directed retirement accounts often invest in a wide range of real estate opportunities, from rental properties to foreclosures to raw land.The full amount of the purchase can come […]
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 […]
Individual 401 k with Entrust“How do I transfer my Individual 401 k with Entrust to a Self-Directed Solo 401 k plan with Checkbook Control?” One of the many questions we receive at Sense Financial is how to transfer a previously-established plan with another provider to Sense Financial. The benefits and control of […]
The self-directed IRA LLC is one of the retirement vehicles offered by Sense Financial Services. We have helped hundreds of satisfied clients diversify and grow their retirement portfolios using vehicles like these. Self-Directed IRA LLC testimonialA recent client, Patrick Prunty from Southern California, shared his experience of working with Sense Financial. “The information I learned was […]
Many are unaware that checkbook control over retirement accounts is possible. And some may be confused about what is a Checkbook IRA. So what is a Checkbook IRA? A Checkbook IRA is a type of self-directed IRA (Individual Retirement Arrangement) that allows the account holder to bypass the custodian and make investments from the IRA […]
Do you understand the difference between a custodian self directed IRA and a Checkbook IRA? Understanding the difference is an important part of choosing the best investment vehicle for you. The best investment vehicle will fit your situation, resources, and goals, while helping you avoid any unnecessary issues. Custodian self directed IRA vs. Checkbook IRA […]
Buying real estate in IRA can be as simple or complex as you want it to be. Some investors keep things simple by buying a single house as a rental property Others take it to the next level by entering a partnership to build or purchase large buildings to be used for commercial purposes Whichever route […]