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Here is a breakdown of some of the changes that could affect your planning for contributions and also your future RMDs.

This is the time of year when we look for tax deductions and plan for next year. Planning our IRA and Solo 401(k) is part of the process. Remember your Solo 401(k) plan must be set up by December 31st to make 2022 contributions, whereas, your IRA can be set up the day taxes are due in 2023.

Thinking of doing a Roth Conversion with your Check Book IRA or your Solo 401(k)? Here are Five Reasons to Convert Now.

One of the benefits of self-managed accounts like Check Book IRA, LLCs, and our Solo 401(k)’s, is that you have the ability to control your assets.

Remember that if you are contemplating a Solo 401(k) the plan mut be set up by December 31st for a 2022 contribution. The below should help you for your planning of 2023.

Even though a SEP IRA is the most used plan in the financial industry, we believe that hands down the Solo 401k is the best solution.

We have many clients that were affected by Hurricane Ian. Our hearts go out to them, for some of America’s most beautiful areas were left destroyed or in need of major repair.

Many of our clients are piling their cash in order to pounce when they feel a deal is too good to pass up. This is a strategy used by many savvy investors, but it has its pitfalls so be sure you know what to watch for.

This is a very quick note to all new and experienced investors that have cryptocurrency or different Blockchain investments in their portfolios.

Non Recourse Financing by Peter RizzoWith the increased real estate values across the country, many clients are asking about taking out loans to buy real estate with their Solo 401k’s or Check Book IRA’s. The one rule is it must be a non-recourse loan and here is some...

Avoid The Scams – They grow during a downturn in the economy by Peter RizzoI think everybody will agree that in today’s world, everybody’s view of the economy and all the issues going on are making people unsettled. When this happens, there seems to be a search for a...

UDFI: Friend or Foe? by Peter RizzoOur take is you should be happy to pay UDFI and before you think we have completely lost our minds read the entire article.  What is UDFI? When a tax-exempt entity such as a non-profit or IRA receives income from property that has...

The Difference Between a Self-Directed IRA and a Checkbook IRA (where investments are controlled by an LLC) and why it’s important to know the difference. by Peter RizzoI think everyone will agree that we are in some turbulent economic times. This seems to be an...

Is the Real Estate Market Crashing? by Peter RizzoThis is a headline that I have been seeing over and over again in many of the online publications such as Forbes, Wall Street Journal and many others. One of the reasons for it, is that we are in a society of Clickbait...

Annual Requirements for IRA LLCs & Solo 401(k)s by Peter RizzoA few weeks ago, we published an article in the Shield regarding the 5500 EZ form that some Solo 401k clients are required to file. We had some responses from clients who use an IRA LLC, asking for a quick...

Solo 401k Restatement Documents Deadline is July 31   by Jordan SheppherdThis reminder applies only to our Solo 401k clients. The below information does not apply to an IRA LLC structure. This is a quick reminder to all of our Solo 401k clients, that you must...

Make Lemonade From Lemons   by Peter RizzoTo all of you that are bemoaning the fact that your IRA’s or 401k’s are taking a dive in value, there are two things to do: 1. You can pour a glass of wine and bemoan the value you lost, letting everyone within earshot...

Celebrating Our Independence   by Peter RizzoAs we celebrated 246 years of America’s independence, every day people are celebrating their financial investing independence. The majority of most people’s investment portfolio is tied up in their IRAs or 401(k)s....

Reminder: Form 5500-EZ Due by July 31, 2022   by Jordan SheppherdIt’s hard to believe we’ve crossed the halfway point of 2022. I’m sure I’m not alone in saying it seems like yesterday we were celebrating the New Year. For those of you who have Solo 401k plans,...

Reminder: Form 5500-EZ Due by July 31, 2022   by Jordan SheppherdIt’s hard to believe we’ve crossed the halfway point of 2022. I’m sure I’m not alone in saying it seems like yesterday we were celebrating the New Year. For those of you who have Solo 401k plans,...

Money Lending:The New Popular Way to Invest with Structured Returns By Peter RizzoMoney lending is becoming a very popular method of getting a return on your investment dollar. A large group of society had their credit scores hit hard from the pandemic and many...

Tax Lien Investing – What to Know By Peter RizzoWith a finicky stock market, tax lien investing is becoming popular. Here’s what you need to know before jumping in: Tax lien investing can give your portfolio exposure to real estate — all without having to actually own...

Every day, we talk to people who are trying to determine if a fully self-managed retirement account ( Checkbook IRA, Checkbook Controlled Solo 401k ) is their best option.

Every day, we talk to people who are trying to determine if a fully self-managed retirement account ( Checkbook IRA, Checkbook Controlled Solo 401k ) is their best option.