AdBits: Recent Episodes
Adam Bergman
Curious about tapping into your IRA savings to fund a new business? In this episode, we dive into the possibilities and limitations of using your IRA to fuel your entrepreneurial dreams.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses how to retire early by utilizing a Self-Directed IRA, specifically, an after-tax Roth IRA.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses the three principles for maximizing your retirement savings and generating the highest degree of wealth you can in a tax-efficient manner.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses the HSA, Health Savings Account, and how you can take advantage of the tax benefits while saving for qualified medical expenses.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses the ROBS, Rollover Business Startup, solution and whether or not you can use an "S" corporation with the structure.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses the pros and cons of two popular business funding strategies using retirement funds - the Self-Directed IRA and the Rollover Business Startup (ROBS) solution.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses rollovers and transfers, how they work, and how you can make the most of your retirement funds.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses apartments, and apartment buildings, and how you can invest in one with your Self-Directed IRA.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses the risk of audit if you utilize the Self-Directed IRA to invest in alternative investments.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses Rollins v. Commissioner, a 2004 Tax Court case, and why it was so monumental for self-directed retirement plans.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses the Rollover as Business Startup (ROBS) solution and a tax-efficient way to use dividends within the structure.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses how much one needs to open up a Self-Directed IRA, and how to accumulate retirement wealth.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., walks us through IRS Form W-9, what it is used for in the IRA context, and how to complete it.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses the basics of a retirement fund including how to get started, the benefits of starting one, and the types of plan options you should consider.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses the Self-Directed IRA LLC (Checkbook IRA LLC) operating agreement, why you need one, and customization options.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., explains the differences between a qualified purchaser and an accredited investor and how these statuses open doors to exclusive investment opportunities in private equity, hedge funds, and more.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., explains the distinct roles of different IRA custodians, such as Schwab, and why IRA Financial focuses on alternative investments instead of traditional assets.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., explains the plan asset rules and how they effect your IRA or 401(k) fund investment.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., explains why you can't set up a "true" Self-Directed IRA at Schwab, Fidelity, or other traditional financial institutions.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses "fundless" sponsors, which is a way to invest in one-off deals outside of a managed fund, and how you can invest with a Self-Directed IRA
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses the difference between passive and active income and why it matters with your IRA investments.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses hard money loans - what they are, how to invest in them, and why you should use an IRA to invest.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses the three main reasons to set up a Self-Directed IRA LLC, also known as a Checkbook Control IRA.
On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses the top three reasons why you should invest in real estate with your IRA.
Are you ready to take your financial future into your own hands? On this episode of AdBits, we explore three powerful reasons why starting a Roth IRA could be one of the best decisions you make for your retirement and financial well-being.Whether you're a young professional just starting your career or nearing retirement age, a Roth IRA offers valuable benefits that can enhance your financial security and pave the way for a comfortable retirement. Don't miss out on the opportunity to secure your financial future—watch our video to learn more about the advantages of starting a Roth IRA today!New episodes of AdBits every Tuesday!
On today's episode of AdBits, IRA Financial's founder Adam Bergman discusses the benefits of using a Roth IRA to invest in real estate. How can this benefit you? Be sure to tune in!
Want to use your self-directed IRA to invest in multi-family real estate but you're not sure where to start? IRA Financial's founder, Adam Bergman, breaks down everything you need to know!
Life happens and sometimes you might need to use your IRA funds before your retirement. IRA Financial's founder, Adam Bergman breaks down the 60-day rule and explains how you can use your IRA TAX-FREE!
Everything you need to know about self-directed accounts and which one is right for you!
Everything you need to know about self-directed IRA asset and creditor protection!Blog post: https://tinyurl.com/25wwbpth
On this episode of Adbits, IRA Financial founder Adam Bergman talks about seller financing in your Self-Directed IRA. Learn how to invest in real estate with retirement funds today!
Join IRA Financial founder Adam Bergman as he discusses seller financing in a Self-Directed IRA.
On this episode of Adbits, IRA Financial Founder Adam Bergman discusses the benefits of Roth IRAs for college students.
On this episode of AdBits, IRA Financial Founder discusses new Simple IRA to 401(k) Rules. Starting in 2024, a SIMPLE IRA can be replaced with a safe harbor 401(k) plan mid-year. The replacement plan can be either a traditional safe harbor plan or a Qualified Automatic Contribution Arrangement (QACA) safe harbor 401(k) plan. Tune in to learn more!
Join IRA Financial founder Adam Bergman as he discusses rollover rules for a SEP IRA. Learn how to benefit from a SEP IRA account today!Ready to get started? https://app.irafinancialtrust.com/account/create-account.htmlStill have questions? Our tax experts are here to help answer all of your questions! Set up a call with our reps today! https://calendly.com/ira_financial_clientrelations/Discover more videos by IRA Financial: https://www.youtube.com/user/IRAFinancialGroup/videos?view_as=subscriber
On this episode of Adbits, Adam Bergman discusses BOI and FinCEN filings. Learn everything you need to know today!
On this episode of AdBits, Adam Bergman discusses adding a Roth to your Solo 401(k). Learn how you can use a Roth account to build tax-free wealth!
On today's episode of Adbits, Adam Bergman discusses how to day trade tax free! Learn how you can benefit today!
On today's episode, Adam Bergman discusses how you can do a joint venture with your IRA.
In this episode of AdBits, Adam Bergman discusses the benefits of a Self-Directed SEP IRA. Learn how you can take control of your retirement account today!
In today's episode, Adam Bergman, Esq., discusses a new bill that was recently introduced that would allow a Roth IRA to be rolled over to a Roth 401(k).
In today's episode, Adam Bergman, Esq., discusses the updated rules for the SEP IRA for 2024, and why he still prefers the Solo 401(k) for those that are eligible.
In today's episode, Adam Bergman, Esq., explains why and how to open a bank account for your Solo 401(k) plan and the hurdles you might face.
In today's episode, Adam Bergman, Esq., discusses the rollover rules for Roth retirement accounts, including the Roth IRA and Roth 401(k).
In today's episode, Adam Bergman, Esq., discusses the Coverdell Education Savings Account and the 529 plan, the benefits of each, and which should you choose when saving for college.
In today's episode, Adam Bergman, Esq., discusses the SIMPLE IRA, which could be a cost efficient retirement plan option for many small business owners.
In today's episode, Adam Bergman, Esq., discusses how you can add a member, such as a spouse's IRA or a separate Roth IRA, to your Self-Directed IRA LLC.
In today's episode, Adam Bergman, Esq., discusses what a 1031 Exchange is, how it works, and whether or not you would perform one using a Self-Directed IRA.
In today's episode, Adam Bergman, Esq., discusses your options when you inherit an IRA from a non-spouse, since they are more complicated than when you inherit it from a spouse, which you can take over the plan as your own.
In today's episode, Adam Bergman, Esq., discusses the new contribution limits for 2024 for IRAs, including the Self-Directed IRA, Roth IRA, SEP and SIMPLE IRA, and 401(k) plans, including the Solo 401(k) which were recently announced by the IRS.
In today's episode, Adam Bergman, Esq., explains how you can roll over old 401(k) funds into a Self-Directed IRA to make alternative asset investments.
In today's episode, Adam Bergman, Esq., discusses how the IRA/Roth IRA contributions work and if you can mix and match the types of contributions you make to your IRAs in a given year.
In today's episode, Adam Bergman, Esq., discusses the benefits of using an IRA, especially a Roth, if you choose to invest in Bitcoin and other cryptocurrencies.
In today's episode, Adam Bergman, Esq., explains the accredited investor rules which allows one to invest in more sophisticated investments and if you IRA can be deemed one.
In today's episode, Adam Bergman, Esq., explains why a Solo 401(k) is not technically a trust, even though it has all the components of one, and why that's beneficial.
In today's episode, Adam Bergman, Esq., discusses the Roth IRA required minimum distribution (RMD) rules when you inherit the plan.
In today's episode, Adam Bergman, Esq., discusses an unknown tax benefit for having a Roth IRA, and it's all about the distributions from the plan.
In today's episode, Adam Bergman, Esq., discusses whether you should make Roth contributions to your 401(k) or Solo 401(k) plan.
In today's episode, Adam Bergman, Esq., discusses how the 10% ownership rule works for the IRS prohibited transaction rules under IRC 4975(e).
In today's episode, Adam Bergman, Esq., discusses whether or not different IRA investments will trigger the unrelated business taxable income tax.
In today's episode, Adam Bergman, Esq., discusses required minimum distributions (RMD) and how to reduce the tax hit with a Roth conversion.
In today's episode, Adam Bergman, Esq., discusses whether or not you can perform any services for an IRA-owned investment and be compensated for it.
In today's episode of AdBits, Adam Bergman, Esq., talks about a popular concern - do you need an entity, such as an LLC, C Corp, or S Corp to have a Solo 401(k)?
In today's episode, IRA Financial's Adam Bergman, Esq. discusses what an Inherited IRA is and how the the Inherited IRA rollover rules work.
In today's episode, IRA Financial's Adam Bergman, Esq. discusses how Form W9 will take care of any IRS reporting when opening a brokerage account with a Self-Directed IRA LLC.
In today's episode, IRA Financial's Adam Bergman, Esq. discusses the legality of performing a joint venture between retirement accounts and what the IRS says about it.
In today's episode, IRA Financial's Adam Bergman, Esq. discusses the rules about the Roth IRA conversion and what you need to consider before performing one.
In today's episode, IRA Financial's Adam Bergman, Esq. discusses whether or not taking a loan from your 401(k) in 2023 is a smart idea in light of higher interest rates.
In today's episode, IRA Financial's Adam Bergman, Esq. discusses the basics of Unrelated Business Income Tax, or UBIT, and how it is applied to retirement account investments.
IRA Financial's Adam Bergman Esq. discusses the stricter loan standards for small businesses and how you can use your IRA funds instead.
IRA Financial's Adam Bergman Esq. discusses the different IRA rollover rules depending on the type of plan you have including traditional, Roth, SEP and SIMPLE IRAs.
IRA Financial's Adam Bergman Esq. discusses the Gold IRA and the rules you need to know about using retirement funds to purchase precious metals so you stay in IRA compliance.
IRA Financial's Adam Bergman Esq. continues his five part series about the Solo 401(k); this time the rules of the plan if you have a partnership.
IRA Financial's Adam Bergman Esq. continues his five part series about the Solo 401(k); this time the rules of the plan if you have an S corporation.
IRA Financial's Adam Bergman Esq. discusses a provision in SECURE Act 2.0 that now allows SEP IRA and Solo 401(k) employer profit sharing contributions to be made in Roth.
IRA Financial's Adam Bergman Esq. continues his five part series about the Solo 401(k); this time the rules of the plan if you have a Single Member LLC.
In this episode of AdBits, Adam Bergman, Esq. starts a five part series of Solo 401(k) rules that you need to know. Today's video covers important rules for a sole proprietor.
IRA Financial's Adam Bergman Esq. explains how to complete a beneficiary form for your Self-Directed IRA.
IRA Financial's Adam Bergman Esq. explains what an LLC is and whether or not there's a difference between a regular LLC you set up yourself, and one used for your IRA.
IRA Financial's Adam Bergman Esq. discusses how to fill out IRS Form W-9 for your Self-Directed IRA if you have a single member LLC.
IRA Financial's Adam Bergman Esq. discusses how to fill out IRS Form W-9 for your Self-Directed IRA if you have a multiple member LLC.
IRA Financial's Adam Bergman Esq. discusses what you need to know if you have a SEP IRA and you still wish to make contributions for 2022.
IRA Financial's Adam Bergman Esq. discusses the contribution rules for Solo 401(k) plans for the 2023 and whether or not SECURE Act 2.0 affected them.
IRA Financial's Adam Bergman Esq. explains what a non-recourse loan is, and why you must use one when you wish to borrow funds to invest with your IRA.
IRA Financial's Adam Bergman Esq. discusses new required minimum distribution (RMD) rules, which were amended by SECURE Act 2.0.
IRA Financial's Adam Bergman Esq. discusses whether your IRA can invest in an S Corp, explain what it is, and the rules involving the entity.
IRA Financial's Adam Bergman Esq. discusses what has changed for Roth IRA investors for 2023 and what we can expect in the future.
IRA Financial's Adam Bergman Esq. discusses crucial tax tips if you are looking to making a real estate fund investment with your Self-Directed IRA.
IRA Financial's Adam Bergman Esq. discusses why the Solo 401(k) plan is still the best retirement plan for the self-employed or small business owner in 2023.
IRA Financial's Adam Bergman Esq. discusses the Solo 401(k) contribution rules and whether or not you can still make contributions for the 2022 taxable year.
IRA Financial's Adam Bergman Esq. discusses the new IRA contribution rules for 2023, and how you can use a rollover to supersize your savings.
IRA Financial's Adam Bergman Esq. discusses the best way to borrow money if you need extra funds for a Self-Directed IRA investment.
IRA Financial's Adam Bergman Esq. discusses the best self-directed retirement plans for next year, including the Self-Directed IRA, both Checkbook and Custodian Controlled, the Roth IRA, and SEP & SIMPLE IRAs.
IRA Financial's Adam Bergman Esq. discusses whether you should make traditional (pretax) or Roth (after-tax) employee deferral contributions to your 401(k) plan.
IRA Financial's Adam Bergman Esq. discusses the 2023 contribution limits for all retirement plans, including IRA, 401(k)s, SEP, and SIMPLE IRAs.
IRA Financial's Adam Bergman Esq. discusses two popular retirement options for small businesses with full-time employees, the SEP and SIMPLE IRAs, and the benefits of each plan.
IRA Financial's Adam Bergman Esq. discusses the Roth IRA conversion rules when you are retired.
IRA Financial's Adam Bergman Esq. discusses the contribution rules for a Solo 401(k) and how long you have to fund the plan.
IRA Financial's Adam Bergman Esq. discusses the rules for a Solo 401(k) if your business is a C corporation.
IRA Financial's Adam Bergman Esq. discusses the rules for a Solo 401(k) if your business is an S corporation.
IRA Financial's Adam Bergman Esq. discusses the rules for a Solo 401(k) if your business is a single member LLC.
IRA Financial's Adam Bergman Esq. discusses the rules for a Solo 401(k) if your business is a sole proprietorship.
IRA Financial's Adam Bergman Esq. explains how you can rollover a Checkbook IRA LLC from one custodian to another, and the rules you need to be aware of.
IRA Financial's Adam Bergman Esq. discusses recent legislation that calls for more money going to the IRS, and the hiring of thousands of new IRS agents that could lead to more audits across the board.
IRA Financial's Adam Bergman Esq. discusses your obligations if you have a Self-Directed IRA or a Checkbook Control IRA LLC and what your IRA custodian is responsible for.
IRA Financial's Adam Bergman Esq. discusses how one should title an investment that is owned by your Checkbook Control IRA, which uses an LLC to make the investment.
IRA Financial's Adam Bergman Esq. discusses the C Corporation blocker strategy, domestic or foreign, and how that could potentially block the application of the Unrelated Business Income Tax (UBTI) on your Self-Directed IRA investment.
IRA Financial's Adam Bergman Esq. discusses the Simplified Employee Pension (SEP) IRA, and why it may not be the best retirement plan for your business.
IRA Financial's Adam Bergman Esq. discusses the statute of limitations when it comes to the IRS's ability to audit your Self-Directed IRA.
IRA Financial's Adam Bergman Esq. explains how to set up a land trust for an IRA, why you would do it, and the advantages of doing so.
IRA Financial's Adam Bergman Esq. explains the ways you can change Self-Directed IRA custodians and why you may want to do it.
IRA Financial's Adam Bergman Esq. discusses how you can get IRA funds into an S Corporation despite not being able to directly invest in one.
IRA Financial's Adam Bergman Esq. discusses how to complete Form 5500-EZ for your Solo 401(k), which is required if your account balance is at least $250,000 as of December 31 of the previous year.
IRA Financial's Adam Bergman Esq. discusses how to use leverage (borrowing money) to make Self-Directed IRA real estate investments, and the IRS rules for doing so.
IRA Financial's Adam Bergman Esq. discusses Rollins v. Commissioner and what type of impact the case has had on the Self-Directed IRA prohibited transaction rules.
IRA Financial's Adam Bergman Esq. discusses Unrelated Business Income Tax, or UBIT, and the three most common ways it can be triggered in a Self-Directed IRA.
IRA Financial's Adam Bergman Esq. discusses using a Self-Directed IRA for option trading and how to save on taxes.
IRA Financial's Adam Bergman Esq. discusses when you need an EIN for your Self-Directed IRA, and when you don't.
IRA Financial's Adam Bergman Esq. discusses the difference between a loan versus a taxable distribution from your 401(k) plan, and potential tax implications of each.
IRA Financial's Adam Bergman Esq. discusses mistakes that people make when deciding to roll over 401(k) to another retirement plan, such as an IRA.
IRA Financial's Adam Bergman Esq. discusses the difference between traditional and alternative investments and why you should consider the latter to help diversify your retirement portfolio.
IRA Financial's Adam Bergman Esq. discusses how to use your Self-Directed IRA to invest in IRS-approved precious metals, and why they are a popular investment option for retirement savers.
IRA Financial's Adam Bergman Esq. discusses the capital gains tax regime and how it applies to real estate, including primary and non-primary residences.
IRA Financial's Adam Bergman Esq. discusses promissory notes held in a Self-Directed IRA and the difference between secured vs. unsecured notes.
IRA Financial's Adam Bergman Esq. discusses the Solo 401(k) plan and whether or not there are required minimum contributions for the plan.
IRA Financial's Adam Bergman Esq. discusses how the self-employed can maximize their retirement savings by using different tax strategies with their Solo 401(k) plan.
IRA Financial's Adam Bergman Esq. discusses how to complete the IRS Form, Schedule K-1 when you have a Self-Directed IRA LLC.
IRA Financial's Adam Bergman Esq. discusses the difference between a Self-Directed IRA LLC and a Self-Directed IRA Trust. Learn more about your retirement options today!
IRA Financial's Adam Bergman Esq. discusses the Self-Directed IRA and IRA LLC, and whether or not receiving a 1099 from an investment will have an impact on an investor.
IRA Financial's Adam Bergman Esq. discusses pre-IPO stock, how to invest in them, and why use a Self-Directed IRA.
IRA Financial's Adam Bergman Esq. discusses the pros and cons of setting up a Self-Directed IRA, and leaves it up to you, the investor, to decide if it's right for you or not.
IRA Financial's Adam Bergman Esq. revisits the Backdoor Roth IRA, why it's so popular, how to do it, and the benefits of performing one.
IRA Financial's Adam Bergman Esq. discusses private placement investments with a Self-Directed IRA and what you need to know before you invest.
IRA Financial's Adam Bergman Esq. discusses how you can invest in cryptocurrency, such as Bitcoin, with a 401(k), and why you probably can't do so with your workplace plan.
IRA Financial's Adam Bergman Esq. discusses the differences between an IRA that you can open at any financial institution and the IRA Financial Self-Directed IRA.
IRA Financial's Adam Bergman Esq. discusses how Self-Directed IRA investors can use their IRA funds to invest in start-up businesses, along with the benefits and potential pitfalls.
IRA Financial's Adam Bergman Esq. discusses the Unrelated Business Taxable Income (UBTI) rules and how they apply to Solo 401(k) investments.
IRA Financial's Adam Bergman Esq. discusses the 2022 rules for 401(k) contributions, whether you have a workplace plan, or are self-employed with a Solo 401(k) plan.
IRA Financial's Adam Bergman Esq. discusses Bitcoin mining and whether or not the process rises to the level of a trade or business, which might subject you to the UBTI tax.
IRA Financial's Adam Bergman Esq. discusses the deadline for setting up a Solo 401(k) for 2021, plus the benefits of starting one if you are self-employed.
IRA Financial's Adam Bergman Esq. discusses the standard Roth IRA conversion and the Backdoor Roth IRA, and explains the differences between the two.
IRA Financial's Adam Bergman Esq. discusses the contribution deadline for all IRA plans, how much you can contribute, and what is tax deductible.
IRA Financial's Adam Bergman Esq. discusses the contribution deadline for the Solo 401(k) plan. To make the most of your retirement savings if you are self-employed, you must be aware of these deadlines!
IRA Financial's Adam Bergman Esq. discusses a recent court case, McNulty v Commissioner, that reaffirms that you should not hold IRS-approved coins and metals at home.
IRA Financial's Adam Bergman Esq. discusses whether or not you can use losses from your IRA investments to offset your taxable income.
IRA Financial's Adam Bergman Esq. discusses the differences between the Backdoor Roth IRA and the Mega Backdoor 401(k) and why this may be your last chance to perform one.
IRA Financial's Adam Bergman Esq. discusses UBTI and UDFI, and how taxes may apply to certain retirement account investments.
IRA Financial's Adam Bergman Esq. discusses the Solo 401(k), which is the best retirement plan to use for real estate investing. However, you must have eligible income to use the plan.
IRA Financial's Adam Bergman Esq. discusses the audit risk of the Self-Directed IRA, how the IRS audits IRAs, and, most importantly, why your Self-Directed IRA is generally not at risk of one.
IRA Financial's Adam Bergman Esq. discusses the difference between after-tax and Roth contributions to your retirement plan.
IRA Financial's Adam Bergman Esq. discusses how you can turn you rental real estate into a business and the advantages of doing so.
IRA Financial's Adam Bergman Esq. discusses a provision in the Ways and Means tax proposal, which could eliminate the Mega Backdoor Roth 401(k) strategy for everyone, no matter your income level.
IRA Financial's Adam Bergman Esq. discusses a provision in the Ways and Means tax proposal, which will prevent Self-Directed IRA investors from investments that require accredited investor status. What does that mean for you?
IRA Financial's Adam Bergman Esq. discusses the basics of the estate tax, who may be subject to it, and how it may change in the future.
IRA Financial's Adam Bergman Esq. discusses the similarities and differences between an LLC and an S Corporation, and why they are the two most popular entities for small businesses.
IRA Financial's Adam Bergman Esq. discusses the differences between a C Corporation and an S Corporation, how they are taxed and how to choose the right entity for your business.
IRA Financial's Adam Bergman Esq. discusses the differences between an LLC and a partnership, and the benefits of each type of business entity.
IRA Financial's Adam Bergman Esq. discusses how to pick the right custodian for your Self-Directed IRA and why you should look at the Retirement Industry Trust Association (RITA).
IRA Financial's Adam Bergman Esq. discusses the advantage of using a Self-Directed IRA vs. a 1031 Exchange when investing in real estate.
IRA Financial's Adam Bergman Esq. discusses real estate flips within a Self-Directed IRA and why you need to be aware of the Unrelated Business Taxable Income (UBTI) tax.
IRA Financial's Adam Bergman Esq. discusses the in-plan 401(k) withdrawal rules, and the two main options you have for distributing money from a current 401(k) plan.
IRA Financial's Adam Bergman Esq. discusses the plan asset rules, which are obligations under ERISA, that could require managers of funds to have fiduciary responsibilities, which they may not be prepared for.
IRA Financial's Adam Bergman Esq. discusses the Mega Backdoor Roth 401(k)structure and debunks myths about the strategy.
IRA Financial's Adam Bergman Esq. discusses the different types of Self-Directed IRAs and where you should form your LLC if you want checkbook control of your funds.
IRA Financial's Adam Bergman Esq. discusses the IRS loss on attacking the Roth IRA, and the substance over form doctrine and why it's backwards.
IRA Financial's Adam Bergman Esq. discusses the difference between the Solo 401(k) and the SEP IRA, two retirement plan options for the self-employed or small business owner.
IRA Financial's Adam Bergman Esq. discusses the prohibited transaction rules for the Solo 401(k) and the penalties for engaging in one.
IRA Financial's Adam Bergman Esq. revisits the IRS Form 5500-EZ, an informational form that Solo 401(k) holders must file each year, if the plan has at least $250,000 in assets as of December 31 of the previous year.
IRA Financial's Adam Bergman Esq. discusses options for how you can use IRA funds to purchase a home that you can live in now and/or during retirement.
IRA Financial's Adam Bergman Esq. discusses the beneficiary rules when you pass and have a Solo 401(k), whether you leave it to a spouse or non-spouse.
IRA Financial's Adam Bergman Esq. discusses the general rules of the Solo 401(k) plan and how your particular plan documents may have differing rules that you must abide by.
IRA Financial's Adam Bergman Esq. discusses the eligibility rules of the Solo 401(k) plan when you wish to hire additional employees and all your options.
IRA Financial's Adam Bergman Esq. discusses legal alternatives to get access to your IRA funds, even though you can't directly borrow from the plan, like you can with a 401(k) plan.
IRA Financial's Adam Bergman Esq. discusses one of the major benefits of the Solo 401(k) plan for the self-employed - the loan feature, which allows you to borrow up to $50,000 to use however you want.
IRA Financial's Adam Bergman Esq. discusses the many benefits of opening a Solo 401(k) if you are self-employed, including high contribution limits, the UBTI exemption, and the loan feature.
IRA Financial's Adam Bergman Esq. discusses different strategies a self-employed individual can use with a Solo 401(k) as far as the employer profit sharing contributions are concerned.
IRA Financial's Adam Bergman Esq. discusses the "rule of 55," which allows 401(k) owners to withdraw funds from the plan if you leave your job after age 55.
IRA Financial's Adam Bergman Esq. discusses the difference between a standard Self-Directed and a Self-Directed IRA LLC and the benefits of each type of plan.
IRA Financial's Adam Bergman Esq. discusses the deadline for setting up a Solo 401(k) plan for the 2020 taxable tax year and who can start one.
IRA Financial's Adam Bergman Esq. discusses the 401(k) rollover and tips to avoid making a mistake when you roll over 401(k) funds to another retirement plan.
IRA Financial's Adam Bergman Esq. discusses your options if you inherit an IRA or 401(k) plan and tips for selecting beneficiaries.
IRA Financial's Adam Bergman Esq. discusses how UBTI impacts Self-Directed IRA transactions when seller financing is involved, such as a sale leaseback.
IRA Financial's Adam Bergman Esq. discusses 1099 independent contractors and how they can set up a Solo 401(k) plan to save for retirement and all the benefits of the plan.
IRA Financial's Adam Bergman Esq. discusses the basics of the Roth IRA, who can set up one, the income restrictions and how to get around them.
IRA Financial's Adam Bergman Esq. discusses the different ways you can set up an IRA, including lesser known options, and how to fund the plan.
IRA Financial's Adam Bergman Esq. discusses the different types of business entities, such as sole proprietorships, C Corps and partnerships, that can open and fund a Solo 401(k).
IRA Financial's Adam Bergman Esq. explains the eligibility rules to open and fund a Solo 401(k) plan, the best retirement plan for the self-employed, and the many benefits of the plan.
IRA Financial's Adam Bergman Esq. explains how to report an IRA or 401(k) distribution made under the CARES Act and your options for paying taxes.
IRA Financial's Adam Bergman Esq. explains how to protect your Self-Directed IRA from fraud and keep your investments safe and secure.
IRA Financial's Adam Bergman Esq. explains why all Solo 401(k) plans, the best retirement solution for the self-employed, are not created equal.
IRA Financial's Adam Bergman Esq. discusses the Solo 401(k) contributions rules as an employer and how to maximize your retirement savings.
IRA Financial's Adam Bergman Esq. discusses the best tips if you want to use retirement funds to invest in real estate, whether as an income property or a buy and sell.
IRA Financial's Adam Bergman Esq. discusses short-term hard money loans, which are becoming more popular because of low interest rates and the looming possibility of inflation.
IRA Financial's Adam Bergman Esq. introduces the Solo 401(k) plan, the best retirement plan for the self-employed, the eligibility requirements and the benefits of the plan.
IRA Financial's Adam Bergman Esq. discusses how to invest in Bitcoin using a Self-Directed IRA, the tax treatment of cryptos and the advantages of investing with retirement funds.
IRA Financial's Adam Bergman Esq. discusses how and why to use IRA money to invest in investment funds, such as private equity, hedge funds, venture capital and real estate funds.
IRA Financial's Adam Bergman Esq. discusses the ins and outs of investing in real estate with a Self-Directed IRA and how to stay IRS-compliant.
IRA Financial's Adam Bergman Esq. discusses all the different types of investments you can make with a Self-Directed IRA, from traditional assets, like stocks and mutual funds, to alternative assets, like real estate and cryptocurrencies.
IRA Financial's Adam Bergman Esq. discusses the SEP and SIMPLE IRA plans and why they are good retirement plan options for many small businesses.
IRA Financial's Adam Bergman Esq. explains 401(k) plan rollovers - when you can do them, where to move your money and why you should consider it.
IRA Financial's Adam Bergman Esq. explains your options if you are deciding on self-directing your retirement plan, including the Solo 401(k) for self-employed individuals and the Self-Directed IRA.
IRA Financial's Adam Bergman Esq. discusses how to use your retirement account to purchase gold and other precious metals and how to correctly hold them so you remain within the IRS rules.
IRA Financial's Adam Bergman Esq. discusses the Self-Directed IRA operating agreements, LLC articles and Tax I.D. numbers - the three major components for setting up a Checkbook Control Self-Directed IRA LLC.
IRA Financial's Adam Bergman Esq. explains why you need a custodian for you IRA, especially if you want to self-direct the plan and invest in alternative assets, such as real estate.
IRA Financial's Adam Bergman Esq. discusses Roth IRA conversions, why you should do them, how they work and the tax advantages of the Roth IRA.
IRA Financial's Adam Bergman discusses tax deferral and capital gains, the differences between the two and why they matter when it comes to retirement savings.
IRA Financial's Adam Bergman discusses the IRA and 401(k) rollover rules, when and how you can perform them, and retirement account transfers.
IRA Financial's Adam Bergman discusses the benefits of the Checkbook Control IRA and why most Self-Directed IRA investors who are investing in alternative assets should utilize it.
IRA Financial's Adam Bergman discusses the purpose of the IRA custodian and how to choose the right one for you.
IRA Financial's Adam Bergman discusses the Solo 401(k) contribution rules and how you can super-save for retirement if you are self-employed.
IRA Financial's Adam Bergman discusses the prohibited transaction rules when it comes to investing with a self-directed retirement account. These include the types of investments you can make, disqualified persons and how you are allowed to use retirement funds.
IRA Financial's Adam Bergman discusses the basics of the Individual Retirement Account (IRA) including the differences between the traditional and Roth plans and the benefits of saving with the plan.
IRA Financial's Adam Bergman discusses the UBTI Tax and how it can affect the tax efficiency of your IRA or 401(k) plan., depending on how you invest.
IRA Financial's Adam Bergman reinforces the reasons why you need to file Form 5500 if you have at least $250,000 in your Solo 401(k). You can be penalized up to $150,000 if you fail to file!
IRA Financial's Adam Bergman discusses the IRS Form 5500, which must be submitted before July 31, for individuals with a Solo 401(k) plan balance of at least $250,000 as of December 31 of last year.
In the first episode of AdBits, IRA Financial's Adam Bergman discusses the Rollover as Business Startup Solution ROBS. He details how to use your retirement funds to start or invest in your own business.