For Immediate Release – February 1st, 2012- AdvantaIRA Trust, LLC is excited to announce the expansion and opening of their newest office in the Miami area. AdvantaIRA specializes in Self Directed IRAs specifically real estate IRAs and private lending in IRAs. Advanta has been in business in Florida for over 9 years with offices in [...]
In our changing economic times, it is more important than ever to focus on our retirement planning and financial futures. For most of us, we have never seen the wild ride that the financial markets have shown us the last few years. Just as we check our calories, blood pressure and weight on a regular [...]
In late 2010 I wrote an article regarding the expiring Federal Estate tax laws. Several weeks later Congress finally passed into law an Act changing the Federal Estate tax laws once again. We had to wait almost to the very end of 2010 for Congress to make decision on the expiring Estate tax laws. On [...]
The Entrust Cruise returned this weekend with rave reviews for its first Self Direction at Sea Cruise. Over 60 investors attended this four day Cruise from Tampa to Cozumel. While the weather was a little sassy, spirits were high for the fourteen hours of free seminars the investors attended. Dave Owens, Managing Member of Entrust Freedom [...]
Big News for 401k Participants. You may have heard about the special conversion rules that allow traditional IRAs to be converted to Roth IRAs in 2010 with a 3 year payout for the taxes. If you are not aware, a Roth account is a tax deferred account that is funded with after tax dollars. A [...]
As I see more and more transactions take place with new clients and current clients I am constantly surprised and excited to see what their investments are. For example, I had a current client call in to double check that his stable fees were paid for the Race Horse that he owns through his IRA at Entrust. The Race Horse was his investment
The questions does come up, what if the 401(k) plan is terminated? What do I do with my alternative asset in the 401(k)? Alternative assets are no different than stocks; the assets would be rolled over to a Self Directed Traditional IRA. This is a very common technique for physicians. For whatever reason, physicians like to hold non-traditional assets. When they retire, many do not want to keep the plan open because of the additional costs. They will close the plan and roll the remaining assets to their traditional IRAs.