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Month: October 2010

What is an IRA?

Posted on October 7, 2010November 8, 2016 by Admin

I’m of the opinion that there is going to be a lot of litigation in the coming years with self directed IRAs.  Investors jumped onto the self directed band wagon and made all sorts of flakey investments, but my guess is few of them had a clue about what they were doing.  A recent court Read more about What is an IRA?[…]

Posted in Uncategorized

401k Roth conversions

Posted on October 5, 2010November 8, 2016 by Admin

Yeah, yeah, I know.  I’m a broken record at this point.  I can only discuss 401k Roth conversions.  The reason is the payoff is simply too big to ignore, tax free wealth along with some of the strongest asset protection. The downside to any Roth conversion is the price tag, you have to pay taxes Read more about 401k Roth conversions[…]

Posted in Uncategorized

Roth 401k conversions PT III

Posted on October 4, 2010November 8, 2016 by Admin

For the last 2 years the big news trumpeted by the financial planning community was the ability to convert your traditional IRA to a Roth IRA.  A concept I believe is going to cause nothing but trouble for people. Last week, the President signed a bill allowing for a much better alternative, the ability to Read more about Roth 401k conversions PT III[…]

Posted in Uncategorized

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