Your 401k Contribution Limits for 2015
One-Participant 401(k) Plans A one-participant 401(k) plan is sometimes called a: Solo 401(k) Solo-k Uni-k One-participant k The one-participant 401(k) plan isn’t a new type of 401(k) plan. It’s a traditional 401(k) plan covering a business owner with no employees, or that person and his or her spouse. These plans have the same…
Meet Two Of Our Young Investors
Alex and Maggie are already saving for college and own Real Estate! How? They both have a Coverdell Education Savings Account (CESA) that co-owns a Mobile Home and RV Park called Copper Creek. By having their CESAs own this mobile home park, any income that is generated from rent, utilities and any other…
The Benefits of a SEP IRA
Are you self-employed and in need of a tax deduction? A Simplified Employee Pension (SEP) IRA may be the perfect Self-Directed IRA for you to start! The SEP IRA is an incredibly popular IRA to establish, especially around tax time. Many CPA’s will instruct their clients to establish a SEP IRA just so that the…
The Basics of Self-Directed IRAs
Self-directed IRA’s are no different from traditional IRA’s. The word ‘self-directed’ is not an official or legal term, but it is simply a term that describes an IRA and how it’s managed. Broadly speaking, the term means that the IRA owner, or someone they appoint, makes all the important investment decisions and choices…
iPlanGroup CEO Jill Banner Presents at Daymond John’s Entrepreneur Academy!
Over the past weekend iPlanGroup CEO, Jill Banner had the opportunity to present to Daymond John’s Entrepreneur Academy in Palo Alto, California! Jill was there to present on the benefits of Self-Directed IRA Investing and how it can be applied to real estate. Daymond John’s Entrepreneur Academy offers motivated entrepreneurs tips and tools…
Look No Further For the Gift That Lasts
This time of year everyone is obsessed with thinking of creative, utilitarian gifts that still show love and caring. Interestingly, there is a unique and utilitarian gift we can give the kids in our lives: an IRA contribution. Although this gift may be the least exciting one under the tree this year, in…
The Illusive Foreclosure Tidal Wave and What It Means for Your Real Estate Investment
For several consecutive months there has been a lot of positive news about the state of the U.S. housing market. While there are undeniable signs of growth and the outlook is generally positive, there are still over 1 million houses in foreclosure. In October 2012 the number slimmed to 1.3 million homes in…
Stay Healthy, Stay Wealthy: Why Staying Healthy Pays in Retirement
More likely than not you would like to stay healthy- but what could you do to more actively pursue good health? If you stay healthy you will not only be happier, be able to do more, and feel better, you’ll be wealthier in retirement. Fidelity, one of the nation’s largest brokers, estimates that…
Strike While the Iron is Hot: 4 Tips to Successfully Invest in Real Estate
Right now, low housing prices and rock-bottom interest rates make this the ideal time to buy an investment property- perhaps the best time we’ll see in our lifetimes. The real estate market is finally showing signs of recovery, with home prices growing in some areas and stabilizing in others, and the influx of…
Real Estate Investing: When You Don’t Want the Headache of Managing
If you like the idea of investing in real estate, but the thought of dealing with tenants and repairs isn’t appealing, consider investing in mortgages and deeds of trust. Using your self directed IRA to invest in trust deeds and mortgage notes is an attractive option because it gives you the ability to earn tax-free,…