Tag Archives: Self Directed IRA

Self Directed IRA

401K, Assets, Financial, Financial Information, Financial Law, Financial Services, Investment, IRA, Money, Personal Finance, Retirement, Taxes

Financial Experts Predicting Rapid Dollar Devaluation in a Coming Burst of the ‘Dollar Bubble’

Many news commentators are echoing the same resounding assurance: the recession is over. But not everyone sees it this way. Who’s right? Just look at the facts.

While Wall Street, thanks to the help of the Federal Reserve, rallied for a big end-of-the-year win, at least for top executives, they’re getting big bonuses while Main Street investors suffer. Rising unemployment figures, increased foreclosures and a loss of wealth continue to plague the average Joe.

Times Magazine named Chairman of the Federal Reserve Ben Bernanke, “Person of the Year” for 2009. The National Inflation Association, a grassroots group that warns people of the dangers of hyperinflation, named him “Villain of the Year.”

The Fed’s policies have made the value of the US dollar artificially high and before long the dollar bubble is bound to burst, leading to hyperinflation with prices of consumer goods rising sharply. According to Phoebe Chongchua of the Denver-based Nabers Group, the U.S. is already beginning to experience this kind of runaway inflation.

Nabers Group has issued a warning to U.S. consumers on its blog about the impending devaluation of the U.S. Dollar’s value in a period of hyperinflation.

“Hyperinflation can really be thought of as a silent tax, especially if artificially created by U.S. monetary policy. If the dollars you have today can purchase a fruit punch, a sandwich and a bag of chips but that same money in the future can only purchase the fruit punch, then your money has been devalued—you have lost purchasing power. Ultimately it’s the average middle class consumer who ends up getting the short end of the stick,” says Chongchua.

For most people, the major concern is how to preserve their dwindling wealth. CEO Jeff Nabers, encourages clients to diversify their portfolios using an exceptionally flexible investment vehicle known as the Solo 401k.

“The Solo 401k is designed specifically for a business owner who has no full-time employees. One of the most powerful benefits of the Solo 401k is the plan’s participant loan feature, which offers a tax-favorable alternative to withdrawing money from a retirement plan as a distribution,” says Nabers.

Preserving your wealth doesn’t have to be an uphill battle even as we head into rising inflation and the devaluing of the dollar if people act now to protect their wealth.

Via EPR Network
More Financial press releases

401K, Checking & Savings, Financial, Financial Services, Investment, IRA, Loans, Money, Personal Finance, Retirement, Trading

Top Self Directed IRA Firm And Leading Precious Metals Broker Pair Up To Provide Investors With Alternatives

The New Mexico based self directed IRA firm Sunwest Trust (www.SunwestTrust.com) announced today that they have reached an arrangement with Republic Monetary Exchange (www.RepublicMonetary.com), a leading precious metals broker based in Phoenix, Arizona. Under their arrangement, Sunwest Trust will provide exclusive self directed IRA custodian services for Republic’s client investment accounts, described by Jim Clark, CEO of Republic Monetary Exchange as a “win-win situation for our clients”.

For Sunwest, this partnership represents an extension of the firm’s IRA custodial and escrow services to the precious metals market, a move likely to be adopted by an increasing number of firms in the financial services sector.

“Consumers are becoming interested in investment vehicles which are less vulnerable to the ups and downs of the stock market. We’re seeing a lot of new IRA accounts at Sunwest from clients who want to purchase gold and other precious metals inside their IRA portfolios. Until 2007 it was primarily real estate, but now we’re starting to see an increase in the number of gold or precious metal backed accounts,” said Terry White, CEO of Sunwest Trust.

With a growing concern among the public about the possibility of inflationary pressures driving down the value of their IRA accounts and other investments, the number of consumers choosing to invest in gold, silver and other precious metals has been steadily increasing over the past few years, with brokers like Republic Monetary Exchange gaining market share in the financial services sector rapidly.

The relative stability of gold and other precious metals makes them an especially popular investment in a sluggish economy, especially when compared to traditional stock and securities investments. Given the uncertain economic outlook for at least the next few quarters, Sunwest Trust Inc. and Republic’s new relationship looks to be one, which is certain to attract investors looking for stable retirement investment vehicles such as the self directed IRA or a gold-backed IRA account.

Via EPR Network
More Financial press releases

401K, Checking & Savings, Financial, Financial Services, Investment, IRA, Loans, Money, Personal Finance, Retirement

Sunwest Trust Is Now Offering Their Latest Product – The Individual 401k, Aka I401k

Sunwest Trust, Inc. announces the launch of the Individual 401k or i401k. “The i401k gives self-employed business owners the same tax benefits that large corporations have enjoyed for years,” says Terry White, CEO of Sunwest Trust, Inc. as well as White adds, “a number of additional benefits not offered by the traditional self directed IRA.”

Individual 401k

With an i401k, business owners may be eligible to contribute far greater amounts to their 401ks than they could with any other type of retirement plan. In addition, the i401k is much simpler to administer than a typical 401k plan.

Another advantage to the i401k is the Roth contributions that you are eligible to make. You can designate some or all of your deferrals as Roth contributions. Roth contributions are after-tax dollars, so those contributions will grow tax-free.

Unlike self directed IRA, you may take loans from your i401k.

Also, the i401k has lower administrative costs than most retirement options for a small business owner. Unlike a self directed IRA, with the i401k you do not need to have a self directed IRA custodian for your i401k. You may act as trustee for your own plan.

White does note, “that the i401k is not for every small business owner and that there are restrictions and guidelines someone must follow in order to be eligible.” White recommends, those who seek to invest using the i401k, “consult a tax professional to make sure that they are making their contributions correctly and to help them fill out the form 5500-EZ when their i401k accumulates over $250,000.00.”

To be eligible to have an i401k, you must be a self-employed business owner with no full-time employees other than your spouse. Whites also states, “investors need to make sure to check with their tax professional to find out the limitations and amounts that can be borrowed from the i401k plan.”

White adds, “The timing of the i401k could not be better for business owners as well as the company. Despite the tough economy, Sunwest Trust continues to grow. By adding new products and providing the same great customer service their clients have come to expect, Sunwest Trust is well on their way to another record setting year. The company has already seen 16 percent growth from this time last year and there are no signs of slowing down anytime in the near future.”

One explanation for the sudden growth over the last two years has been the volatility of the stock market. When the stock market hits uncertain times, many investors would rather not gamble their future on Wall Street and investors look for more stable investment opportunities. Self-directed IRAs and 401ks allow savvy investors the opportunity to find the investment that best fits their investment needs, risk tolerance and retirement goals, whatever it may be.

White adds, “not all investments are ideal and whenever you make an investment there is always inherent risk involved. Each investor should acquire competent legal counsel and commit to completing the proper due diligence prior to shifting their retirement dollars into an alternative investment.” He adds, “just as it is not your local bank’s responsibility to validate the veracity of an investment, neither is it the IRA custodian’s job to validate the authenticity of the investments you make with your IRA/401k dollars. The last thing you want to do is gamble away your hard earned retirement savings blindly without verifying the genuineness of the investments your are making.”

About Sunwest Trust, Inc.

Sunwest Trust is an independently owned private company that offers self directed IRA custodian, escrow and now Individual 401k services. The company offers a huge range of financial services providing post retirement benefits, private mortgages, real estate contacts and other related fields for its clients. FDIC insured banks back the self directed IRA funds of their clients. For more information on the activities of the company, please visit http://www.SunwestTrust.com.

Via EPR Network
More Financial press releases

401K, Checking & Savings, Financial, Financial Services, IRA, Retirement

New Book Reveals Safe And Lucrative Investment Alternatives

“Unlimited Investing with a Self-Directed IRA LLC or Solo 401(k): Break Free F r o m Wall Street to Build Real Wealth with Alternative Investments” teaches investors safe and effective ways to build and protect their wealth.

With investors fed up with corporate greed, corrupt financial institutions and risk-laden Wall Street investments, now more than ever investors are looking for strategic ways to accumulate, grow and preserve their wealth outside of Wall Street. “Unlimited Investing with a Self-Directed IRA LLC or Solo 401(k): Break Free F r o m Wall Street to Build Real Wealth with Alternative Investments,” enables average investors to start learning how to identify safe, alternative places for their money so they can achieve financial freedom and financial security. The book is co-authored by the world’s leading self-directed investing expert, Jeff Nabers, and real estate and financial author, Phoebe Chongchua. Download the first chapter at UnlimitedInvesting.com

Nabers says that unlimited retirement accounts have been used to invest in alternative assets for decades, but few investors take advantage of these opportunities because of a lack of awareness. “Until recently, everyone thought the road to riches was paved with stocks and bonds. But today we know this isn’t true. Investors can no longer depend on untrustworthy financial institutions and greedy Wall Street executives to secure their financial future for them,” says Nabers.

“Instead, this book will teach investors how to convert their shrinking mutual fund portfolios into solid portfolios of real assets.”

Unlimited Investing includes everything an investor needs to know about protecting and growing wealth in today’s uncertain terrain, including:

• How to profit f r o m the decline of the dollar
• How to recession-proof your investments
• How to get your assets in your hands and stop risking them with untrustworthy financial institutions
• Understanding your Self-Directed IRA or 401(k) investment structures’ options
• How to avoid large or unnecessary fees and expenses

“Anyone who has ever wanted to invest in real estate, gold and silver, private equities, private debt instruments and international investments will benefit f r o m the practical advice and rare information available in this book,” says Chongchua.“It’s time for investors to wake up and explore the investment opportunities that await them outside of Wall Street. They’ll be glad they did.”

Nabers says he believes average and sophisticated investors alike can benefit f r o m his years of knowledge. “I’ve dedicated six years of my life to learning everything possible about self-directed investing and am making all this information available for public consumption for the first time ever with the release of Unlimited Investing,” says Nabers.

“Unlimited Investing” can be pre-ordered directly at http://www.UnlimitedInvesting.com

ABOUT THE AUTHORS
Jeff Nabers is a nationally recognized educator, speaker, and consultant specializing in the topic of investing with Self-Directed IRA & 401(k) plans. He is the founding member and chairman of IRA Association of America, the industry’s only non-profit trade association. Jeff is also CEO of Nabers Group, a full-service self-directed retirement plan provider. Years ago, as a real estate investor and owner of a mortgage lending company, Jeff set out to learn the ins and outs of using a Self-Directed IRA. It turned out to be a long and strenuous process. Jeff found himself traveling all over the country to pick up bits and pieces of useful information f r o m dozens of sources. Unlimited Investing is a compilation of the fruit of Jeff’s research combined with the experienced perspective f r o m Jeff’s participation in thousands of transactions involving both alternative assets and retirement plan funds.

Phoebe Chongchua has a 20-year background in journalism, marketing, and customer service. She specializes in real estate writing and her work is featured in Donald Trump’s book “The Best Real Estate Advice I Ever Received,” and “The Complete Idiot’s Guide To Buying Foreclosures.” She is the author of “If the Trash Stinks: TAKE IT OUT! 14 Worriless Principles For Your Success.” Phoebe began her career in TV as an anchor and news reporter for ABC News in San Diego, California. She holds a real estate license in California and continues to write and educate consumers on real estate and financial issues in various columns and publications online and in print. She is a columnist for Realty Times, Bizymoms Expert on Real Estate, and the publisher of Live Fit Magazine. After writing several articles on the topic of alternative asset investment vehicles, she realized how little the average consumer understands this highly powerful method of investing. Catalyzed to improve awareness, Phoebe’s research dug deeper, and the helpful findings are presented in this book.

Via EPR Network
More Financial press releases

401K, Checking & Savings, Financial, Financial Services, IRA, Retirement

Sunwest Trust, Inc., Self Directed IRA Custodian Announces 19% Growth in 2008

Self Directed IRA Custodian, Sunwest Trust, Inc., which is located in Albuquerque, New Mexico, defies economic odds by growing by 19% in 2008 despite the recessive economy. Sunwest Trust has diverse business interests and services self directed IRA and 401k clients nationwide.

Despite the grim economic climate and the receding value of the DOW, “Sunwest Trust continues to thrive and grow,” says Terry White, Chief Executive Officer for Sunwest Trust, Inc. In 2008, Sunwest Trust experienced their most profitable year in the company’s history and has grown by nearly 19% during the recession. White attributes much of their 2008 growth to the recent exodus from Wall Street, resulting from the daily fluctuations in the stock market. He adds, “Investors are pouring out of the stock market because they are fed up with the downward market free fall.” With the DOW down as much as 7000 points since last June, many IRA and 401k accounts have seen negative growth and have fallen by as much as 50%. As IRA holders see their retirement accounts deteriorating, “they are eager to look for investment alternatives,” says White.

Indeed, Sunwest Trust is positioned to meet this need; Sunwest allows their clients to invest in anything that is not specifically prohibited by the IRS code. Basically, this includes anything other than life insurance and collectibles. Although Sunwest allows clients to invest alternatively, White adds, “We strongly encourage our clients to exercise thorough due diligence and speak with a tax professional before making any alternative investments.”

Dustin White, Business Development/ IRA Specialist, suggests, “Our reasonable fee structure and customer service have also had a hand in our success in 2008.” Sunwest Trust IRA account fees have remained unchanged over the past seven years, and according to Dustin, “we do not plan on raising our fees in the foreseeable future, especially in this economic climate.”

Sunwest continues to provide outstanding service by managing their growth one client at a time. “We strive to personalize our clients’ experience. For example, when you call Sunwest Trust, you’re not going to get an automated voice answering system; you’re going to talk to a real person,” adds Dustin.

“February 2009 was another record-breaking month for Sunwest, in terms of new accounts received. All indications point to another great year for the company. We grew 19 % last year, and I see no reason why we can’t top that again this year,” says White.

About Sunwest Trust:
Sunwest Trust is an independently owned private company that offers self-directed IRA custodian and escrow services. The company offers a huge range of financial services providing post retirement benefits, private mortgages, real estate contacts and other related fields for its clients. FDIC insured banks back the self directed IRA funds of their clients. For more information on the activities of the company, please visit http://www.SunwestTrust.com.

Also, you can learn more about Sunwest Trust by watching their self directed IRA videos on Youtube.

http://www.youtube.com/watch?v=7PlPhDnsbMA
http://www.youtube.com/watch?v=yLbAd65wO1c

Via EPR Network
More Financial press releases

401K, Financial, Financial Services, Investment, IRA, Money, Personal Finance, Retirement

Nabers Group to Give Away Self-Directed Solo 401k

Nabers Group, the world’s first and only full-service self-directed plan provider, has launched a contest to give away (i.e., set up) a Self-Directed Solo 401k plan at no cost to the person who offers the best insight(s) into what he or she thinks are the most powerful business or investment opportunities given today’s recessionary economic environment.

The Self-Directed Solo 401k is a qualified retirement plan that helps business owners grow and preserve their retirement wealth by enabling them to legally invest their retirement savings in alternative investments such as real estate, mortgage notes, private businesses, precious metals, and other qualified assets. The Solo 401k has already helped thousands of serious investors diversify their retirement portfolios beyond stocks, bonds and mutual funds while still enabling them to receive the much desired tax advantages the traditional IRA and 401k offers.

Eligibility: To be eligible to enter to win a free Solo 401k account, the entrant must be self- employed or have self-employment activity (such as Schedule C income on entrant’s 1040 or own a business). The entrant cannot have any employees at any businesses in which the entrant or the entrant’s spouse has significant ownership.

How to Enter: To participate, entrants must do two things:

1) Add Jeff Nabers, the founder of the Nabers Group, as a “Friend” on Facebook. This will enable entrants to stay apprised of events, news and u p d a t e s f r o m Nabers Group. The winner will be posted on Facebook and at JeffNabers.com.

2) Write a brief explanation of what they think are the most powerful business or investment opportunities today given that the country is in a recession. Entrants should submit their comments on the (www.Solo401k.com) blog or post to the “Wall” at the bottom of the Facebook Solo 401k Contest page.

Selection: Each entry will be reviewed by officials at Nabers Group. The person deemed to have the best idea(s) will get a Solo 401k set-up for them at no cost by Nabers Group.

Prize Value: Valued at $210,585, a Solo 401k f r o m Nabers Group can be the investment vehicle to lead to your financial freedom. See the math at FreeSolo401k.com.

Deadline: Entrants must submit on or before March 15, 2009.

 

About Nabers Group
Founded in 2005, Nabers Group is the world’s first and only full-service self-directed plan provider that helps investors and self-employed business owners establish and set up Self-Directed IRA LLC accounts and Solo 401k plans. Nabers Group was the first company to offer the Self-Directed Solo 401k and regularly educates the public about unrestricted investment options that would enable use of retirement dollars to invest in alternative investments including real estate, mortgage notes, private stock, debt instruments, foreign assets, margin brokerage accounts, precious metals, among other assets. For more information on self-directed investing or the Solo 401k, please visit Nabers Group at Nabers.com.

Official Free Solo 401k Facebook contest page:
http://www.facebook.com/event.php?eid=21272779981

Via EPR Network
More Financial press releases

Business, Checking & Savings, Escrow, Financial, Financial Services, Financial Solutions, Investment, IRA, Money, Retirement

Sunwest Trust introduced a new portal dedicated on Self Directed IRA And Escrow Clients

Sunwest Trust, Inc. added another dimension in its profile in order to provide better services for prospective customers as well as existing client base in New Mexico. Albuquerque based Sunwest Trust Inc. re-launches sunwesttrust.com along with Best Online Results jointly. The new website has been introduced to strengthen the web presence of Sunwest Trust Inc. It is destined to suite the purpose in the role of a destination or a hub.

Sunwest Trust Inc. is known for its diversified business interests. These include self-directed IRAs that allow clients to invest their IRA in anything that the IRS will allow such as Real Estate, Mortgages, Limited Liability Companies and Private Stock. In addition, Sunwest Trust will act as escrow agent for most any transaction involving the exchange of money.

Sunwest Trust, Inc. is known in the pertinent industry for its excellence in providing an alternate option for IRA investors, especially those who are in search of an apposite process to make their retirement portfolio with a self directed IRA more diverse. The alternative procedure is such that it enables the IRA holders to make investments in affluent sectors of real estate, oil and gas, discounted notes and other alternative assets.

Speaking on this and terming the entire approach as an exceptional move for the Sunwest Trust Joshua Geary, Managing Member, Best Online Results, LLC and Senior Marketing Consultant for Sunwest Trust, Inc. says, “It is our sincere hope to see Sunwest Trust transition beyond the traditional Dot Com barrier held my most sites in this market space and become what they are capable of becoming, which is a Dot Community for their great brands and a resource for investors and for their thousands of satisfied clients who need Self Directed IRA and Escrow services. We feel this is an important step to making this vision a reality.”

Simultaneously, Terry White, Chief Executive Officer, Sunwest Trust, Inc. terms it as an exemplary approach that will make it easier for the clientele to cope with transitioning from a traditional “in the box approach” to growing a retirement account to a self directed IRA mentality. He said while commenting on this, “In the next few short years many baby boomers will be looking for alternative means to stretch and grow their retirement dollars as they recognize their need to truly diversify and view their retirement beyond just a safety net, but as a living breathing asset, which if used smartly can be used as a wealth builder. We needed a hub or new platform to do so.”

“Our new platform will not only allow our clients to check their accounts in close to real time, but also will have a new blog chalked full of resources for those who are curious and are looking at transitioning their investment portfolio into alternative assets like real estate. We are in the process of revamping our blog system to the latest technology so we may interact with our clients and put out information pertinent to account holders who need quick access to administrative tips as well,” he added.

Sunwest Trust offers neutral third-party accounting services to ensure accuracy and reliability for a nominal service fee. It also offers customer friendly services that are available by phone that helps customers get answers of their questions about payments, payoffs, disbursements, and other contract details.

About Best Online Results
Best Online Results is a renowned company that specializes in web optimization and Internet PR and as a result excels in its respective sphere of operation. The company was commenced with the intention of witnessing the growth of businesses on the Internet. From the very beginning, therefore, the company has been proceeding with poise to care the businesses of others and also to observe their successes.

Best Online Results located at BestOnlineResults.com, truly excels in receiving the traffic of any particular website that helps the website owner immensely. The association with Sunwest Trust, Inc. is destined to achieve new heights in industry.

About Sunwest Trust
Sunwest Trust, Inc. was formed under the auspices of the owners of Sunwest Escrow, LC for the sake of providing more extensive range of financial products. For this reason, Sunwest Trust, Inc., apart from providing its conventional concept of escrow service to the customers, nowadays is also active in the role of custodian for self-directed retirement plans that includes IRAs, SEPs and Simples.

From a small escrow company operating within the confines of the local Albuquerque market, Sunwest Trust grew through means of integrity and transparency to become a nationwide Trust company, which specializes in facilitating investors who wish to diversify their retirement through self-directed IRAs.

Via EPR Network
More Financial press releases