The IRS recently announced new annual contribution amounts for owners of self-directed IRAs. Starting in 2019 individuals will be able to contribute $6,000 annually, up from $5,500.
If you do not have a self-directed IRA, you should learn more about this valuable tax saving tool. You can start here. Then, to learn more you can purchase Mat Sorensen’s book, “The Self Directed IRA Handbook: An Authoritative Guide For Self Directed Retirement Plan Investors and Their Advisors” at the link below.