Press Release Collection: self directed ira

Self Directed IRA Custodian Sunwest Trust And Republic Monetary Exchange Announce Partnership

Albuquerque, New Mexico ( PressReleaseCollection ) December 4, 2009 - The New Mexico based <a href="http://www.sunwesttrust.com">self di-rected IRA</a> 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, de-scribed by Jim Clark, CEO of Republic Monetary Exchange as a "win-win sit-uation 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 vul-nerable 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. About Sunwest Trust: Sunwest Trust <a href="http://www.SunwestTrust.com">www.SunwestTrust.com</a> is one of a few companies in the entire country that will act as custodian for a completely self directed IRA. About Republic Monetary Exchange: The offices of Republic Monetary Exchange are located in Phoenix, Arizona. Re-public Monetary Exchange <a href="http://www.RepublicMonetary.com">www.RepublicMonetary.com</a> is a leading gold, silver and precious metals brokerage company that offers confidential and sound advice to clients interested in building a strong investment portfolio. Media Contact: Terry White Sunwest Trust, Inc. 3240 Juan Tabo NE Bldg D Albuquerque, NM 87111 Tel: 505-237-2225 Fax: 505-275-1554 pressreleaser@bestonlineresults.com ###

Self Directed IRA Custodian Sunwest Trust And Republic Monetary Exchange Announce Partnership

Albuquerque, New Mexico ( PressReleaseCollection ) December 4, 2009 - The New Mexico based self di-rected IRA firm Sunwest Trust (www.Sunw...

Savvy Self-Employed Seek Little Known Tax Benefits Provided By The Solo 401k

Denver, Colorado ( PressReleaseCollection ) November 28, 2009 – The clock is ticking for taxpayers to secure their end-of-the year tax breaks and many Americans who qualify for a tax shelter are not utilizing it. “That’s because many people are completely unaware of a special retirement vehicle that offers the self-employed a way to make significant contributions,” said financial expert, Jeff Nabers, CEO of <a href="http://www.nabers.com">Nabers Group</a>. The Solo 401k account offers powerful features that are not available to those who invest in traditional IRA or 401k accounts. “One special feature of the Solo 401k is that it can be run by the accountholder. You don’t have to open it up at a Wall Street-focused firm. That means that you’re not stuck to ordering your investments off of a menu that offers only stocks, bonds, and mutual funds,” explains Nabers. The volatile stock market and significant losses that many investors suffered have caused them to look for alternative options. Nabers says that’s where the Solo 401k can really be helpful. “Using the Solo 401k, people can invest in real estate, gold, foreign annuities, foreign currency, small businesses, and much more,” said Nabers. Even better, the Solo 401k allows accountholders to make large retirement contributions totaling more than $50,000. “The maximum contributions are approximately ten times higher than with a traditional IRA,” said Nabers. Sole proprietors can contribute $49,000 per year or $54,500 per year if they are over the age of 50. If the spouse is part of the company, that person can contribute an additional $49,000 or $54,500. “The frustrating part about the <a href="http://www.nabers.com">Solo 401k</a> is that not enough self-employed people know about it or how it can help them,” said Nabers. Many self-employed find they’re in need of cash but few know that this type of retirement vehicle offers a way to borrow the money and pay it back with interest to your own retirement account. Solo 401k accountholders can borrow up to $50,000 or 50 percent of the account's value. Loans can be taken out for any reason and repaid over a period of five years. This may sound like the perfect option for the self-employed but, for those who delay, the opportunity to create a tax shelter will be lost for 2009 tax returns. The clocking is ticking—sole proprietors and small business owners have until December 31 to open a Solo 401k account for 2009. About the Jeff Nabers, CEO Jeff Nabers is the Chief Executive Officer of the Nabers Group and is a renowned consultant, speaker, and educator. Nabers is an expert in the fields of Self Directed wealth management and personal finance. Nabers teaches seminars on understanding money, free market capitalism, inflation, Austrian economic theory, real estate investing, direct possession of gold and silver, income-producing assets, small business startup funding, and Self Directed IRA and Solo 401k investing. Additionally, Nabers is the chairman of the IRA Association of America and authored the book <a href="http://www.fivestepstofreedombook.com">5 Steps To Freedom</a>. Contact: Nabers Group Phoebe Chongchua 621 17th St #2100 Denver, CO 80293 877-903-2220 press@401kdirectadvisor.com www.Nabers.com www.FiveStepsToFreedomBook.com/ (July 2009) ###

Savvy Self-Employed Seek Little Known Tax Benefits Provided By The Solo 401k

Denver, Colorado ( PressReleaseCollection ) November 28, 2009 – The clock is ticking for taxpayers to secure their end-of-the year tax brea...

New Tax Law Allowing For Roth IRA Conversions May Be a Bad Deal for Taxpayers

Denver, Colorado ( PressReleaseCollection ) November 24, 2009 – In 2010 millions of Americans will be able to do something they have never done before — convert their IRA into a Roth IRA account. Current 2009 limitations do not allow anyone who makes more than $100,000 per year to convert their traditional retirement funds into a Roth IRA. However, beginning in 2010, the Roth IRA conversion restrictions are being lifted. But is this really a good thing for taxpayers? "Roth IRAs are a bad idea for taxpayers because they are paying taxes now in order to avoid paying taxes on distributions that are taken later," said Jeff Nabers, CEO of <a href="http://www.nabers.com">Nabers Group</a>. The problem is partly the economic crisis that we are in. "It makes sense if we were in a commodity-based monetary system, but we’re not. We have a fiat currency system that creates an inflationary environment in which Roth conversion is a good deal for the government and a bad deal for the taxpayer." Additionally, the Roth IRA conversion can be costly for the taxpayers. If they opt to convert their traditional IRAs to Roth IRAs, the IRS will view this as a taxable event. Account holders will be taxed based on the entire conversion amount for their current tax bracket. The income taxes due on the 2010 conversion can be spread over two years. However, future conversions must be included in income reports to the IRS and will be taxed during the tax year in which the conversion is completed. Nabers cautions his clients to carefully look at all their options when considering the Roth IRA conversion. He suggests, "Instead they should continue using their non-Roth Retirement accounts for the maximum tax benefit." Nabers, the author of <a href="http://www.fivestepstofreedombook.com">Five Steps To Freedom</a>: How to Cut Your Dependence on Institutions and Escape Financial Slavery, points out that the most important thing that taxpayers can do in these economic times is to find alternative investment solutions. "We’re likely heading into an era of significant inflation. I recommend that people seek alternatives to volatile Wall Street Securities and dollar-denominated assets in general." "The action that I recommend is to get more educated on the matter and look at both sides of the story before making a decision," said Nabers. He says deciding to convert to a Roth IRA could cost you hundreds of thousands of dollars. "Before paying taxes using half of your savings, wealth, or retirement account, consult experts about all of your options. What you don’t know could hurt you—so seek knowledge and information so that you can make an informed decision that you won’t regret." About Jeff Nabers and Nabers Group Jeff Nabers has been highly sought after for his financial expertise for several years by countless organizations, including Entrepreneur Magazine, the Los Angeles Times, and Pensco Trust to name a few. As the founding member of the IRA Association of America, he brings integrity back to the business of investing. The Nabers Group is available to consult with individuals regarding their savings plan, with answers about all aspects of <a href="http://www.jeffnabers.com">Self Directed</a> Planning. Those seeking more information on investing their retirement accounts in a Roth or Conventional IRA may contact the Jeff Nabers at Nabers Group at http://JeffNabers.com, where there is an abundance of information on investing and finances. CONTACT: Nabers Group Phoebe Chongchua 621 17th St #2100 Denver, CO 80293 858.259.3646 press@401kdirectadvisor.com www.Nabers.com www.FiveStepsToFreedomBook.com/ (July 2009) ###

New Tax Law Allowing For Roth IRA Conversions May Be a Bad Deal for Taxpayers

Denver, Colorado ( PressReleaseCollection ) November 24, 2009 – In 2010 millions of Americans will be able to do something they have never ...

The Real Estate IRA Is No Longer Your Grandma's Retirement Plan

Austin-San Marcos, Texas ( PressReleaseCollection ) November 13, 2009 – With the stock market constantly proving itself to be unstable, investors are turning to another method of investing for their retirement. <a href="http://www.IRALLCPartner.com">Truly Self Directed IRA</a> is a company that is providing new options for investors by giving them safety from the volatile nature of today's stock market. While some critics of this type of plan have stated that the market always bounces back, the current recovery is seen as a reaction to the government stimulus plan and, therefore, is not sustainable. Investors are now looking for alternatives to the market and many of these people believe that real estate IRA is the way to go. Josh Moore of Truly Self Directed IRA states that "there has been a significant increase in the number of real estate IRA deals being done." This bodes well for the future of this type of investments, "as many people are now choosing this method over the stock market," Moore adds. This is a direct backlash from the amount of money that has been lost in the stock market over the past couple of years. Individuals have been forced to work well beyond their perceived retirement date because their retirement funds have been depleted. In some cases, these individuals have seen their funds decrease by 50% in a very short span, which "rarely happens around the median home priced real estate market. People need a place to live no matter what is happening on Wall Street. Even though the real estate market did go through some short term problems, it has rebounded in many parts of the country and has truly stabilized," states Moore. The Real estate IRA is meant to help people take control of their own destinies by giving them some control over where their personal investments are placed. "The days of relying on a big company or a large government pension is no longer a sustainable strategy for retirees because these program seem to always receive cuts, especially during and following a recessionary period. Therefore, it is a wise idea for every investor to evaluate their investment strategy and take personal responsibility for their own retirement plan. Moore says, "we are starting to see a trend where younger investors are asking about the Real Estate IRA. This trend is increasing for a number of reasons: 1. Many are seeking to truly diversify. 2. Many want control over where their retirement funds are invested. 3. Many realize homes will always be in demand. 4. Many of the 30 and 40 somethings realize there is not going to be a safety net for them like Social Security so they must take the initiative now or face a substandard lifestyle during their retirement years." In addition, "many wonder with the current state of the economy and the loses suffered over the past year whether they will be able to retire," concludes Moore. For more information on real estate IRA, contact Josh Moore at <a href="http://www.IRALLCPartner.com">http://www.IRALLCPartner.com</a> or 877-339-4559. About Truly Self Directed IRA: Truly Self Directed IRA is an investment firm that allows all investors to take funds that they otherwise would have placed into low return investments and place these investments wherever they see fit. It is advised that these funds are placed in real estate or development because these investments provide a greater return in a shorter period of time. Investors have been scared away from the stock market, but this is a viable alternative for investors of all sizes to look into. Truly Self Directed Josh Moore # 150W, 9600 Great Hills Trail Austin, TX 78759 877-339-4559 <a href="http://www.IRALLCPartner.com">http://www.IRALLCPartner.com</a> ###

The Real Estate IRA Is No Longer Your Grandma's Retirement Plan

Austin-San Marcos, Texas ( PressReleaseCollection ) November 13, 2009 – With the stock market constantly proving itself to be unstable, inv...

Self Directed IRA Holders Find A Silver Lining To The Foreclosure Crisis

Austin, Texas ( PressReleaseCollection ) October 26, 2009 – With foreclosures at all time highs and the stock market still not quite on solid ground, investors are focusing their activities on other markets, especially stable commodities and real estate. According to the latest indicators, it seems certain that the unprecedented level of foreclosures is set to continue even as the housing market slowly recovers. For many, it's a tragic situation - and for others, a time of unparalleled opportunity. There are quite a few IRA holders who are also interested in making investments in real estate given the sheer number of homes either in the foreclosure process, or already owned by financial institutions. However, traditional IRAs don't allow the holders of these accounts the freedom to decide that they would like to take advantage of current market conditions to make investments in this very exciting market. The answer may lie in something known as a self directed IRA, which as the name implies, is a retirement fund, which allows for the holder to make decisions about where their contributions to the account are invested - including in real estate, as president of the <a href="http://www.irallcpartner.com">Austin firm Truly Self Directed</a>, Josh Moore explains: "Unfortunately, it does not appear that the current wave of foreclosures is going to subside anytime soon. Many investors are uncertain about the stock market and a lot of people are turning to what they know versus the unknowns of the stock market." "People with IRA / 401ks are looking for something they know can provide them a return on their investment - and that's real estate. Investors who purchase real estate with IRA funds may actually be an important part of a viable free market solution to a less than ideal situation," adds Moore. About Truly Self Directed: A self directed IRA such as those offered by <a href="http://www.irallcpartner.com">Moore's firm</a> allow investors to take funds earning very low returns in traditional investment vehicles and put them to work as they see fit, including profitable sectors like real estate and development. As skittish investors look for alternatives to the stock market, these are something we'll all likely be hearing a lot more about. Media Contact: Josh Moore Truly Self Directed (TSD-IRA) #150W, 9600 Great Hills Trail Austin, TX 78759 (877) 339-4559 <a href="http://www.IRALLCPartner.com">http://www.IRALLCPartner.com</a> ###

Self Directed IRA Holders Find A Silver Lining To The Foreclosure Crisis

Austin, Texas ( PressReleaseCollection ) October 26, 2009 – With foreclosures at all time highs and the stock market still not quite on sol...

Sunwest Trust Inc Now Offers Individual 401k Services And Is On Pace For Another Record Breaking Year

Albuquerque, NM ( PressReleaseCollection ) July 30, 2009 – <a href="http://www.sunwesttrust.com">Sunwest Trust</a>, 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." 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, <a href="http://www.sunwesttrust.com">Sunwest Trust</a> 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 <a href="http://www.SunwestTrust.com">http://www.SunwestTrust.com</a>. Press Release written and distributed by http://www.BestOnlineResults.com, Internet Marketing Company Contacts: Sunwest Trust, Inc. Terry White, CEO Phone: 505-237-2225 Toll Free: 1-800-642-7167 Fax: 505-275-1554 pressreleaser@bestonlineresults.com P.O. Box 36371 Albuquerque, NM 87176 ###

Sunwest Trust Inc Now Offers Individual 401k Services And Is On Pace For Another Record Breaking Year

Albuquerque, NM ( PressReleaseCollection ) July 30, 2009 – Sunwest Trust , Inc. announces the launch of the Individual 401k or i401k. "...