Atlanta, GA (PRWEB) July 25, 2014
This economic climate has proven difficult for many individuals and prompted some families to make choices that they never considered they would have to. This new blog "Priorities: Retirement or Education?" addresses 2 of the top areas that families strive to save for and explains that Self-Directed IRA s may be a part of the solution.
How does a parent select retirement over their child's education or conversely their child's education over their retirement? Both are critically important and this blog says that, with the right retirement plan, a family can fund both retirement and education from the same account while enjoying tax-free/tax-deferred growth within the account.
The blog urges families to consider alternative sources of funding for their child's education such as: student loans, scholarships, financial aid, and even through enrollment in the military. Still, the blog doesn't stop there, it also explains how an individual make a withdrawal from their Self-Directed IRA, penalty free, to help fund qualified education expenses.
As this blog explains "no parent wants to be reliant on their adult children for living expenses" so it makes sense that building the retirement account should be the priority. Though, the blog cautions that there are exceptions.
Click here to read the entire blog.
About American IRA, LLC:
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American IRA is committed to providing every client with gold-level service, regardless of account size. Experience their expertise through their certified IRA services professionals. Enjoy the value with one low annual fee of $285 with unlimited assets and unlimited account values. American IRA clients love the benefit of no charge for "All Cash" accounts. The performance of the American IRA staff is unmatched, with quick and efficient processing within 48 hours.
American IRA services thousands of clients and has over $300 million in assets under administration.
American IRA was built by investors for investors, and brings their successful investment experience to the table, providing excellent educational material showing the public that their Self-Directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.
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