Lending from your IRA
Borrowers are paying high interest rates. Your IRA can be the banker and earn those high rates of return. Know the IRA lending rules before you begin.
Making a loan with your Self-Directed IRA is very easy. As long as you are not lending to a disqualified person, your IRA can enjoy tax-free growth. You set the interest rate and terms and your IRA receives all the profit. We all know someone that could use some extra cash.
Related Articles
Penalty Free Early Distributions from a Roth IRA
The Powerful Roth IRA If you have listened to our videos or webinars or read a previous blog, you know we are fans of the ...
Read More →
When Is the BEST Time to Convert a Traditional IRA to a Roth IRA?
Converting to a Roth IRA Let’s Do This Together There is an election coming up in November. Eventually, Congress will wake up to the ...
Read More →
Time Is Short for Reducing Your Tax Bill
We know most 2022 income tax planning must be completed by December 31, 2022. However, there is one 2022 income tax reduction method you can ...
Read More →
Surprising Income Tax Trap
Here’s how it happens. Let’s assume you personally, or your 401(k) at work, invested in XYZ fund in January 2022. Today, you see that XYZ ...
Read More →
Leaving Your Job With an Outstanding 401(K) Loan
401(k) Loan Options At IRA Club, we frequently hear, “I want to leave my job, however, I still have an outstanding loan I took from ...
Read More →
IRA Contributions After Death
IRA Contributions After Death John and Barbara were happily married. John had a good job, while Barbara, who did a lot of volunteer work, had ...
Read More →
