Choose a gold IRA company that places strong emphasis on client relationships and exceptional customer service, and prioritizes transparency of pricing structures. APMEX is one such company. Their user-friendly website and knowledgeable Gold Assistants make gold purchasing simple. AdvantageGold AdvantageGold sells precious metal investments like gold, silver and platinum to its loyal customer base and receives high ratings from recognized institutions and review sites. Their customer service focuses on education while low fees ensure fast processing times – they also...
Read More
A Bitcoin IRA is a special type of retirement account that enables investors to invest in cryptocurrency investments with greater investment freedom, though there may be restrictions and less protections than with traditional accounts. Individual Retirement Accounts (IRAs) usually allow investors to invest only in traditional asset classes; however, special accounts called self-directed IRAs (SDIRAs) permit people to invest in alternative assets, including cryptocurrency. Taxes Bitcoin and other cryptocurrencies may be popular investments, but they come with significant costs attached....
Read More
Self-directed retirement account owners who invest in real estate and startups often opt for an LLC as the investment vehicle, which provides diversification while giving the account owner checkbook control over his or her portfolio. An IRA owned LLC structure is ideal for real estate that requires direct management. To use this arrangement, an IRA must own 100% of the LLC with their manager serving as its Manager. Limited Liability Protection Laws, cases and regulations support the concept that your...
Read More
529 plans offer college savers valuable tax advantages. Investment earnings grow tax-free, while withdrawals made for qualified expenses will not incur federal income tax or an additional 10% penalty tax. People choose to rollover their 529 plans for various reasons. Perhaps they have moved to a state which offers tax deductions on contributions, or have different financial goals in mind for saving. Taxes While federal laws allow one tax-free rollover every 12 months, some states may require you to repay...
Read More
Dave Ramsey is a well-recognized financial and motivational speaker, often offering controversial advice. Many of his statements regarding gold have been subject to widespread scrutiny. Here are the reasons for their criticism. At first, it’s essential to analyze the history of an investment type to better understand why or if it should be beneficial. 1. It’s a Commodity Gold has long been used as currency, jewelry and a store of value in tribal societies across the world. Gold can hold...
Read More
