Fiscal Policies and National Debt Encourage Investors to Pursue Tax Havens in Self-Directed IRAs and 401(k)s
A provider of Individual Retirement Accounts, particularly Self-Directed IRAs, has experienced a drastic increase in the number of individual interested in opening accounts with a more liquid nature.
Online, May 10, 2013 (Newswire.com) - This seasoned provider of retirement account consulting and establishment, SilverStone, has experienced a drastic increase in the number of individuals that are interested in rolling the funds found in 401(k)s and other retirement account into the more liquid account structure of the self-directed IRAs. Since the government has been attempting to increase the capital gains tax rate from its traditional 15% up to 23.8% and dividend income from 15% to 43.4% on high income earners, these investors are looking for an account that will allow more of the returns to remain with the investors rather than the alternative of heavy taxation. Many believe this is found in the self-directed IRA and Solo 401(k) plans.
Those individuals that seem to be most interested in switching to the self-directed Individual Retirement Accounts and Solo 401(k)s are those that are interested in investing in private business opportunities. While these investors may have pursued the investments with funds directly out of a checking account, there is more interest now than ever before to delve into these investments behind a tax sheltered account. One of the only accounts that allow this type of investment in the private market is the independent retirement account structures.
With the threat quantitative easing causing a session of hyperinflation this nation has never seen tied with the potential for a double dip recession and an increase in taxes investors are eager for an option to protect the hard earned assets. Could it be that the best place to turn to for this protection is the investor's own home town?
SilverStone's Self-directed account allows investors to invest in private businesses; it also allows the investors to acquire real estate as investment property. One of the reasons investors are turning to real estate as an investment with an IRA and not just a REIT (Real Estate Investment Trust) is because this investment is beneficial in a number of ways:
1. The investment in the account holder's own hometown economy helps to increase or stimulate the economy more closely to home potentially helping the investor's own friends and family.
2. Real Estate is at an all time low, and although a double dip recession may cause the housing market to decrease even further, investors recognize that rental payments can continue until it comes back up.
3. Rental income is likely to increase or decrease with the rate of inflation or deflation thus protecting the investors from a threat of hyperinflation.
4. Investing in real estate or private businesses gives the investors a greater sense of ownership in the retirement accounts and success of the retirement endeavors because the account holder made the investment decision directly.
These are just a few of the reasons SilverStone has seen an increase in the number of investors that are interested in beginning a self-managed account. No doubt there are a myriad of reasons other investors would like to begin an account similar to these.
About SilverStone
SilverStone is a financial firm that specializes in the setup and establishment of retirement account. Although the firm specializes in self-directed IRAs, 401(k) and Solo 401(k)s the firm has a network of connections to help any individual with his or her retirement questions, concerns, and ambitions. For more information on the company visit its website.
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Tags: Fiscal Policies, retirement, self directed iras