The Quest IRA Blog

The Pros and Cons of Opening Multiple IRAs

IRAs incentivize retirement preparations with tax advantages for investors. Most people are at least passingly familiar with some of the major IRA options, like Roth and Traditional IRAs or Individual 401ks, and each type offers different flexibilities and advantages. And while the average portfolio may only be stocked with an IRA provided by an employer, many smart investors... [ Read More ]

What is a Self-Directed IRA?

Whether it's a Traditional IRA or a Roth IRA, a Self-Directed IRA (SDIRA), gives you all the tax advantages of an IRA with the freedom and flexibility of a wider array of investment instruments. The opportunity to take control of your financial future with greater asset diversification is one reason to invest in a self-directed IRA. Regular IRAs... [ Read More ]

Four Advantages of Opening Multiple IRA accounts

People who have set up IRA accounts know that the federal government sets a cap on how much individuals can contribute to these accounts each year. Not many realize, however, that there is no limit to the amount of accounts that can be set up. While there are some disadvantages to doing so, there are also some obvious... [ Read More ]

Things You MUST Know About Investing in Real Estate IRAs

Are you thinking about using your self-directed IRA to invest in real estate? No matter your experience level, investing with a self-directed IRA calls for a little self-education. Quest Trust Company is here to help you in the process, and make sure you understand everything you need to get started. You Cannot Benefit from the Property Before Retirement... [ Read More ]

The SAFE Choice When Choosing a Self-Directed IRA Provider

The last decade brought about a sweeping change to the world of investing. The genesis of this change occurred around 2007, when Americans faced the hardship of the financial crisis. Despite the struggles of many nationwide, Americans began seeking new opportunities to regain their financial stability. Though Self-Directed IRAs have been in existence since the 1970s, it’s apparent... [ Read More ]

Key questions to ask a potential IRA custodian

Choosing an IRA custodian shouldn't be done lightly - there are many important factors that need to be taken into consideration when making your decision, particularly if you are aiming to open up a self-directed IRA. There are so many custodian choices available, and it can be very difficult to narrow them down if you don't have much... [ Read More ]

Difference between a Self-Directed and Traditional IRA

Setting up an IRA is a great way to make sure you have enough money saved for retirement. IRAs allow you to invest your savings and build your wealth over time. However, when choosing what type of IRA you want, you might find yourself overwhelmed with options. In particular, you may be wondering what the difference between a... [ Read More ]

Solo 401k Facts for Self-Employed Individuals

Solo 401k plans are known to offer high contribution limits and flexible investment options. These individual 401k retirement plan options will allow you to contribute to the plan as an employer or employee, and they are best for self-employed business owners with no full-time employees. How to qualify for a Solo 401k? The following two guidelines must be... [ Read More ]

5 things you should know about an IRA custodian

When setting up an IRA, whether it's a traditional IRA or another type like a Roth IRA, you will need to have a custodian. The custodian acts as an asset holder for your IRA funds. There are a variety of organizations that can serve as IRA custodians, but investment groups and banks are some of the most common.... [ Read More ]