STRATEGIES FOR IRA OR OTHER RETIREMENT ACCOUNTS

401K, 403b, SEP, Simple, Defined Benefit, or Educational Savings Plan)

Click CHART to see an illustration of how to benefit from Self-Directed IRAs.

Click Power Point Presentation to learn more about Self-Directed Retirement Accounts

Click Land Trust to see how to combine your Self-Directed IRA with a Land Trust.

Click Retirement Accounts for an Excel files that details all types and their rules for 2007

Click Advantages, Challenges and Options to read a recent article on Self-Directed IRAs

taken from the December 2007 issue of the AICPA publication The Tax Advisor.

IRA accounts may become powerful financial tools and an effective part of your asset protection program.   Your choice of a self-directed custodian will determine the options that are available to you.   We recommend that you review www.pensco.com and www.entrust.com where you will find instructions and forms and a list of permitted investment types.   We do not repeat the information on their sites here.   We will be pleased to discuss your situation with you and make a recommendation.  

Self-Directed IRA accounts offer the aggressive and sophisticated investor the ability to "have checking privileges" on their IRA account.   We work together with your custodian to form an LLC for which you may be the uncompensated manager.   As the manager, you may directly control the investments that are made by the LLC.   This LLC may also invest in other organizations and that organization, under the right set of circumstances, may do just about any type of business and flow profits back into your LLC. 

The LLC owned by your self-directed IRA may (there are complicated rules to comply with) be an owner of a corporation which leases equipment or employees, or provides other services to your business or to the business of others, and it may own assets that you wish to have protected as IRA assets.  

The LLC owned by your self-directed IRA may purchase real estate for investment purposes and may conduct a broad range of real estate and other passive activities, the profits for which will flow directly into your IRA account.   If your self-directed IRA is a Roth, then the profits generated and the earnings on those profits will eventually flow out to you as tax-free income.

The LLC owned by your self-directed IRA may be a beneficial owner of a Land Trust - which will allow the IRA to control multiple properties without debt financed income issues, even though there is debt on the subject properties, allows the LLC to control properties through Partial Interest deals, Lease Purchase deals and many other very powerful real estate strategies.  Click here for an illustration

We will be pleased to discuss your personal situation and investment plans to determine how, or whether they will fit into an IRA-LLC plan.

Other Strategies with IRA accounts include converting funds in an IRA account into a tax-free retirement income, utilizing your IRA account in conjunction to your own charitable trust (CSO), and other strategies that allow you to substantially reduce the income tax costs associated with withdrawals from qualified accounts.

If you have funds in a qualified account other than an IRA, there are many circumstances in which those funds may be moved into one of the IRA strategies we employ for our clients which will provide you with the opportunity to participate in the same strategies and their benefits.