IRS Reversal In 2014, the IRS changed its long-standing position on the one-per-12-month rule for rollovers between IRAs in light of a United States Tax Court ruling in Bobrow v. Commissioner. Before the Tax Court’s ruling, the IRS had interpreted Internal Revenue Code Section (IRC Sec.) 408(d)(3)(B) to mean that each taxpayer was allowed one rollover per 12 months for each separate IRA owned…
What are the differences between transfers and rollovers? Transfer A transfer is a direct movement of assets from one IRA to another IRA. Generally, transfers occur between IRAs of the same type: Traditional IRA-to-Traditional IRA, Roth IRA-to-Roth IRA, or SIMPLE IRA-to-SIMPLE IRA. However, an individual can transfer assets from a Traditional IRA to a SIMPLE IRA once the SIMPLE IRA’s…
By J.P. Dahdah, Founder & CEO of Vantage With another year behind us, it is essential to review your IRA investment. To ensure that your holdings can produce your desired results, evaluate if you should consider any adjustments to your IRA investment. Public markets continue to experience a forecast of less than favorable conditions for the year ahead. Investors who…
How would you have liked to have been warned about the drastic decline in the financial markets prior to The Great Recession? By J.P. Dahdah, Founder & CEO of Vantage If alerted, would you have taken swift action to protect your retirement savings from major loss? Hindsight is always 20/20. Given the historical losses experienced by millions of Americans, everyone…
I Love Models… By J.P. Dahdah, Founder & CEO of Vantage Although pretty people are great, I am not talking about fashion models. I am talking about investment models. The irony is regardless of which one I reference, what makes each of them a “Super Model” is the value they can produce. Successful investors don’t leave things to chance. They…
HOW CAN A SMALL BALANCE IRA BE SELF-DIRECTED? By J.P. Dahdah, Founder & CEO of Vantage As the CEO of Vantage, I have the unique opportunity to speak in front of scores of CPAs, attorneys, registered investment advisors, real estate professionals, and individual investors just like you about the power and virtually unlimited investment choices offered through Self-Directed IRAs. One…