By J.P. Dahdah, Founder & CEO of Vantage Imagine a scenario where you have money sitting in a 401(k) or IRA, but you’re strapped for cash. Liquidity is the problem. You look at your buckets of money and realize the only way you can pay a bill is by taking a withdrawal from your IRA. This certainly isn’t ideal. Not…
By J.P. Dahdah, Founder & CEO of Vantage Self-Directed IRA investors take control of their financial journey and understand that hope is not a strategy. In this post, we touch on the Self-Directed IRA investor mindset. This mindset is needed to achieve financial success and develop a sound alternative asset portfolio for your retirement goals. Have you watched your retirement…
By J.P. Dahdah, Founder & CEO of Vantage The basics of required minimum distributions are straightforward Each year IRA holders aged 72 and up must take out a percentage of their total IRA assets based on their life expectancy. The percentage increases every year. If you don’t take out the correct amount, the IRS penalizes you. Preparing to take your…
By J.P. Dahdah, Founder & CEO of Vantage Millions of people have been laid off during the coronavirus pandemic, bringing the United States to its highest unemployment rate since the Great Depression While economists expect the high unemployment rate to be short-lived, if you are among those that received a pink slip from your employer, you may be wondering what…
By J.P. Dahdah, Founder & CEO of Vantage Every tax season, Americans are encouraged to maximize their annual IRA contributions by the tax filing deadline. This message is both a tax tip and a retirement planning tip. The tax tip is to lower your tax bill based on the deductible benefit of IRA contributions. And the retirement planning tip is…
By J.P. Dahdah, Founder & CEO of Vantage New Year, New Investment Strategy: 3 Questions to Ask Yourself About Your IRA Millions of Americans made investment choices pre-pandemic which, given the multitude of changes that have transpired and continue to take place, should be re-evaluated. Especially since IRAs and 401(k)s are commonly treated as a “set it and forget it”…