by Kenny | Sep 1, 2021 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst Yes, you are allowed to own real estate in an IRA. Of course, not every IRA custodian will accommodate such an investment, but that doesn’t mean it is forbidden. If you want to own a beach house in your IRA, or a commercial... by Kenny | Sep 1, 2021 | Uncategorized
-Darren Leavitt, CFA Global markets rallied in August as economic data revealed strength across the globe. However, delta variant infection rates soared during the month, especially in unvaccinated populations, which dampened sentiment and global growth... by Kenny | Aug 31, 2021 | Uncategorized
By Sarah Brenner, JD Director of Retirement Education The other day an advisor called us with an issue that comes up frequently, especially in these tumultuous times. His client had made an IRA contribution for 2021 and was planning on deducting that contribution.... by Kenny | Aug 30, 2021 | Uncategorized
Weekly Market Commentary – 8/27/2021 -Darren Leavitt, CFA It was a hectic news week. The S&P 500 and NASDAQ hit a set of new all-time highs as Wall Street and global central banks focused on Federal Reserve rhetoric from the virtual economic symposium at... by Kenny | Aug 26, 2021 | Uncategorized
By Ian Berger, JD IRA Analyst Question: I am 72 years old and have a Roth IRA. I have some extra cash in a bank account. Can I put that into my Roth IRA and how much can I contribute for 2021? Answer: You could potentially contribute up to $7,000 to a Roth IRA this... by Kenny | Aug 25, 2021 | Uncategorized
Ian Berger, JD IRA Analyst In the August 16, 2021 Slott Report, we showed that someone participating in a 401(k) plan through a “regular” job could also establish a solo 401(k) plan through a side job and potentially contribute up to $58,000 this year in after-tax...