Rolling Over Accounts to Your Check Book IRA: Problem Accounts
Sunday, September 04
When a prospective client calls us asking about the IRA LLC structure, I always start off by asking them what accounts they plan on moving over to the new structure. I ask this at the beginning, because I want to make sure the accounts they have in mind can actually be moved. There’s no nee...
Annual Fees Overview: What will my Check Book IRA Cost Per Year?
Sunday, September 04
One of the most frequent questions I hear is, “What will this structure cost me annually?” Bascially, you may have two types of fees each year. Custodian fees (for the IRA) and State fees (for the LLC).Custodian FeesOur Custodian Kingdom Trust Company, has a special pricing structure in pla...
Why File My LLC in New Mexico
Sunday, September 04
Many of our articles refer to filing your LLC in New Mexico rather than your home state. If you are wondering why, this article will help you consider the pros and cons of a New Mexico LLC.The number one reason our clients prefer to file in New Mexico is Privacy! Something that none of us s...
Self Directed IRAs: Taking the Next Step
Sunday, September 04
If are using a Self Directed IRA, then you are well aware of the benefits of retaining control of your investments. Most likely you are paying less, if anything, in advisor fees, transaction fees, annual fees, etc. You are able to invest in nontraditional assets such as property, tax liens ...
Learn While on Hold
Sunday, September 04
I’ve had multiple businesses in my day but learned something very valuable this morning. I thought I would pass it along for those of you that either have or are contemplating owning a business where customers would be calling in. Learn and Enjoy!USA Business Telephone Today conducted a survey...
29% of Americans Have Zero Retirement Savings
Sunday, September 04
How bad is America doing when it comes to retirement savings? The Government Accountability Office looked into the question, and its answer is sobering.A new GAO analysis finds that among households with members aged 55 or older, nearly 29 percent have neither retirement savings nor a traditi...