Charlotte, NC (PRWEB) September 15, 2015 -- The USA Today article dated September 14, 2015 titled "The smartest reason to max out your 401(k) and IRA contributions" hits on some very important points in relation to protecting assets. Jim Hitt says "This is an important topic that also applies to Self-Directed IRA account holders who have Self-Directed 401K s and Self-Directed Solo 401Ks."
The article says "regardless of how much you have contributed to your 401(k), the amounts therein are yours and yours alone. Even if you're found liable for a multi-million dollar legal claim, the opposing party can't touch your 401(k) -- except, that is, when the creditor is either a former spouse or the IRS." Jim Hitt agrees with this statement completely and has published many articles on this topic encouraging individuals to protect their assets. A point that many people miss is that if they hold these funds in a Self-Directed 401K or a Self-Directed Solo 401K, they can also hold non-traditional assets within those accounts such as real estate, precious metals, private lending, tax liens, tax sales, and more.
Another point the article makes that Jim Hitt couldn't agree more with is "At the end of the day, there are a seemingly endless number of arguments in favor of maxing out your legally sanctioned retirement accounts. However, few are more powerful than the legal protection that these accounts provide to your hard-earned money and assets."
Jim Hitt closes in saying "This is a timely article that is 100% on-point. Everyone should take notice of the tax advantages and legal protection that these accounts afford."
About American IRA, LLC:
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.
American IRA is the sponsor of American Wealth Radio. Click here for more information.
Sean McKay, American IRA, LLC, http://www.americanira.com, +1 (828) 257-4949, [email protected]