Fiscal Cliff Tax Rate Increases Prompting Many Investors to Seek Tax Sheltering and Deferral Options in Self-Directed IRAs and Solo 401(k) Plans, According to Silverstone

Share Article, provider of retirement account investment consulting services, is seeing a drastic increase in the number of investors wishing to rollover retirement funds into self-directed IRA and 401(k) plans.

Silverstone provides self-directed IRA resources to investors.

It’s an excellent way to concurrently avoid personal and small business taxes while at the same time investing in tangible assets as the value of the dollar declines.

Silverstone, a seasoned provider of retirement accounts and general IRA consulting services has seen a recent bump in the number of clients seeking to perform IRA rollovers into more liquid accounts. Expected 2013 tax increases include capital gains increases up to 23.8 percent from 15 and dividend taxes on high-income earners to spike to 43.4 percent from its current 15 percent. In addition, the gridlock in budget negotiations is heightening the fear and motivation for many individuals to seek retirement tax deferral opportunities by setting up self-directed IRA and solo 401(k) accounts.

Looming changes in public policy on taxes and tax rates is causing a greater number of small business investors to seek for tax avoidance and deferral while still maintain a more liquid position with retirement funds. “Public debt and other policies like Quantitative Easing are driving many investors toward gold, silver and other precious metals. Combine that with the lowest mortgage rates we’ve ever seen and it’s a literal hotbed for self-directed investing,” says Jon Castano, Silverstone’s VP of marketing.

The Congressional Budget Office (CBO) claims the Fiscal Cliff could slow the economy by as much as 0.5 percent if negotiations prove unsuccessful. “Investors’ recessionary fears combined with the nearly unavoidable promise of future tax burdens, has caused a real bump in the number of customer inquiries and referrals we’ve seen in recent weeks,” reports Castano.

The Silverstone self-directed IRA or individual 401(k) account allows investors to utilize retirement funds more like a bank account than a retirement account. With the ability to gain access to funds simply by writing a check, investors can use the IRA funds to invest in potentially more lucrative assets. Some such assets can include private businesses and private equity, gold and silver and even real estate. “It’s an excellent way to concurrently avoid personal and small business taxes while at the same time investing in tangible assets as the value of the dollar declines,” says Castano. “It hits both concern and opportunity at the same time.”

About Silverstone

Silverstone and its partners have been providing general retirement account resources, including self-directed IRA, small business 401(k) and solo 401(k) funding options for individuals and small businesses for over a decade. Originally, Silverstone works to rollover retirement account funds, helping investors gain checkbook control over their retirement. Individuals are then able to invest in more than what is limited by traditional mutual funds. Silverstone in managed and operated by CPAs and MBAs.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Jon Castano
(888) 824-0676
Email >

Jon Castano
Visit website