If you engage in a Self-Directed IRA prohibited transaction, you risk your plan getting disqualified and losing out on the benefits of the IRA.
Legislation
The proposed tax legislation, while also affect retirement plans, has been recently introduced. Learn all the details about it here!
Reporting a CARES Act distribution is done with IRS Form 8915-E and must be attached when you file your taxes for the 2020 taxable year.
CARES ACT IRA Withdrawal Rules – There are several factors to consider before withdrawing funds from your retirement plan if you need money now.
The CARES Act and the Solo 401(k) Loan provision is a great way for the self-employed to borrow funds in light of the COVID-19 financial…
If you have been affected in some way by the COVID-19 pandemic, you may take a hardship IRA distribution, a penalty-free way to use $100,000…
The CARES Act, short for the Coronavirus Aid, Relief, and Economic Security Act, provides over $2 trillion in relief for businesses and individuals, to battle…
Thanks to the CARES Act, most Americans will see some relief during this crisis. This includes easier access to use retirement funds as a last…
Asset & creditor protection is a form of guarding the wealth within your Self-Directed IRA. The Bankruptcy Act helps protect IRA funds.