Blog

What Does a Biden Win Mean for Your Retirement?

Posted on: November 23, 2020   |   Category: In The News

After an election season like no other, Joe Biden has been voted in as the next President of the United States. Whether or not you’re happy with the results, having a new president leads to many questions. What changes will a new president make to public policy? Should I invest differently based on these changes? How will these changes affect my daily life […]

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7 Retirement Planning Mistakes to Avoid during Coronavirus

Posted on: November 6, 2020   |   Category: In The News

Covid-19 has caused many disruptions in our lives. You may feel overwhelmed while working from home, checking the stock market, and disinfecting everything in sight. However, despite all of the new changes and unknowns, now is not the time to lose sight of your financial goals.   Here are seven retirement planning mistakes to avoid during Coronavirus: Mistake #1: Not Revisiting your Budget   The […]

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How To File Tax Forms for a Self Directed IRA

Posted on: October 28, 2020   |   Category: How To

‍ Investing with a Self Directed IRA comes with several responsibilities. One important task all IRA accountholders must perform is filing tax forms. The good news is that you’re not alone. Madison will be submitting some of the forms, and can help keep you informed with the rest. Below is a break-down of what needs to be reported and how to file tax forms […]

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How To Purchase Real Estate with a Self Directed IRA

Posted on: October 19, 2020   |   Category: How To

Real estate continues to be a popular topic. From house flipping television shows to your friend renting out an apartment, and on to a young couple moving into a house next door. This prevalence has led to real estate becoming one of the most popular alternative investments. Are you looking to get in on the action? Let’s explore how to purchase real […]

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How To Invest in a Startup with a Self Directed IRA

Posted on: September 29, 2020   |   Category: How To

There are millions of startup companies in the world. Many have the high hopes of being the next Facebook, SpaceX, or Airbnb. Unfortunately, most startups are not as successful as these companies. The reality is that most startups do not have enough funds to finance their company. Many founders turn to family and friends, venture capitalists, and angel investors to […]

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It’s a Good Day for a Roth IRA

Posted on: September 17, 2020   |   Category: How To

There are two types of Self Directed IRAs: Traditional and Roth. Both give you the opportunity to buy, sell, or trade assets without incurring a capital gains tax. Being Self Directed, they also both offer the freedom to invest in alternatives (such as real estate) that may provide a more stable revenue stream than the volatile stock market.   However, there are […]

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5 Ways to Celebrate National Financial Awareness Day

Posted on: August 14, 2020   |   Category: In The News

Did you hear? August 14th is National Financial Awareness Day! Most likely it is not your favorite holiday, but one that can do you some good. The financial decisions you make now affect your future in that scenic retirement destination.   Here are five pieces of advice to take advantage of as you start your journey towards […]

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Is the 401(k) Still Working?

Posted on: July 24, 2020   |   Category: In The News

The 401(k) plan, like all retirement plans, was meant to incentivize people to save for retirement.  It accomplished this by officially offering some big tax incentives. Put money into the plan and reap the benefits. What happens, though, when the tax environment changes and those benefits disappear? In a recent Bloomberg Op-Ed, Aaron Brown details the 401(k) shift and explains why investors might want to reconsider.  […]

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Why the IRS CARES About RMDs

Posted on: July 1, 2020   |   Category: In The News

When the IRS releases new IRA information, it’s dry, boring, and usually just a technical thing that your accountant needs to know about. This time, though, the IRS update has some real need-to-know kind of news. It’s about the CARES Act and it can affect you right now. Let’s start with a quick overview and then move on to […]

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Covid and the Little Investor

Posted on: June 19, 2020   |   Category: In The News

Everybody and his sister has an opinion about Covid and the state of the world today. Although we don’t begrudge anybody their First Amendment right, it does make it hard to plan for a comfortable retirement.  Who are you supposed to listen to get your ducks in a row? Obviously, there are no guarantees in investments, but if you want to look for advice from […]

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