American IRA, A National Provider of Self-Directed IRA Services, Announces A New Blog "Self-Directed Retirement Plans for Small Business Owners – An Overview"
Atlanta, GA (PRWEB) August 09, 2014 -- As this blog discusses, the Self-Directed IRA has one major drawback compared to taxable investments: A $5,500 ceiling on annual contributions!
Further, the blog discusses how those who are age 50 or older can make an additional $1,000 per year in catch-up contributions. But that’s still a very modest sum compared to a lot of minimum investment figures and the real-world liquidity needs of a lot of assets held within a Self-Directed IRA.
It goes on to introduce some alternative account types that allow for much higher contribution limits such as the Self-Directed Solo 401(k), the Self-Directed Simplified Employee Pension Plan (SEP), and the Self-Directed SIMPLE plan.
No stone is unturned as the blog goes into great detail about each plan including contribution limits and qualification requirements. For instance, the total combined contribution within a Solo 401K including the employee and employer may be as high as $57,500, depending on the circumstances. However, the IRS does limit the employer contribution to a maximum of 25 percent of employer compensation. It also states that the Self-Directed SEP is not far behind with contributions of up to 25 percent of compensation, to a limit of $52,000 as of 2014.
Click here to read this blog in its entirety.
About American IRA, LLC:
Click here to claim one of our 7 Self-Directed IRA guide(s).
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.
American IRA is conveniently located in Asheville, NC and Charlotte, NC, and serves clients nationwide.
Sean McKay, American IRA, LLC, http://www.americanira.com, +1 (828) 257-4949, [email protected]
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