The year 2010 opens the door for many individuals to consider converting from a Traditional IRA to a Roth IRA. On January 1, the new Roth conversion rules became effective. You have probably heard of this opportunity by now, and may have some questions about the new rules and implications. While the decision of whether [...]
Understanding Prohibited Transactions and How to Avoid Them
A Prohibited Transaction can bring into question the tax-deferred status of your IRA, potentially resulting in the disqualification of your account and substantial tax consequences. Understanding the rules associated with self directed IRA investments can help avoid this.