Is A Checkbook IRA Legal?

Is A Checkbook IRA Legal?

Is a Checkbook IRA Legal? The ability to invest retirement funds in a newly established limited liability company (“LLC”) owned by an IRA and managed by the IRA holder was deemed legal by the Tax Court and IRS in the Tax Court case Swanson V. Commissioner 106 T.C. 76...
What To Know About Comprehensive Law Reform

What To Know About Comprehensive Law Reform

Lawmakers Advance Comprehensive Retirement Reform: What to Know The House Ways and Means Committee voted on Tuesday to advance several pieces of legislation aimed at encouraging retirement savings among Americans and strengthening their long-term financial security....
Financing… IRAs are an Untapped Money Resource

Financing… IRAs are an Untapped Money Resource

Financing… IRAs are an untapped resource of money available for investments other than traditional mutual funds or stock. According to the federal government in mid-2007 there was roughly $4.6 trillion held in IRAs. Today’s finance market has severely hampered...
IRA Navigation Options

IRA Navigation Options

IRA Navigation Options Since 1974 Americans have been able to invest tax-deferred and tax-free retirement funds in real property. According to the Investment Company Institute, there are approximately $3.7 trillion invested in IRA’s. Mutual funds contain about...