Products November 21, 2011

Self-Directed IRA Firm Offering International Investments

The IRA Financial Group, creators of the Self Directed IRA LLC program, has expanded its real estate program to include international investments.
Reported by

The expanded Real Estate program allows IRA investors to use retirement funds to purchase foreign real estate tax-free. “Our tax experts have carefully studied international tax treaties as well as local tax rules to offer our clients with a customized self-directed IRA platform for making tax efficient foreign real estate investments,” said Scott Krokoff, a tax attorney at the IRA Financial Group.

Each client of the IRA Financial Group is assigned a tax attorney to help with the establishment of the Self-Directed IRA LLC structure for purposes of making foreign real estate investments, according to the company.

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A Self Directed IRA, also called a Self-Directed IRA LLC with “checkbook control,” is an IRS-approved structure that allows one to use their retirement funds to make real estate and other investments tax-free and without custodian consent. The IRA Financial Group explained that the Self Directed IRA involves the establishment of a limited liability company (LLC) that is owned by the IRA (care of the IRA custodian) and managed by the individual or any third-party.

To learn more about the IRA Financial Group, visit http://www.irafinancialgroup.com.

Products November 21, 2011

TD Ameritrade Launches Supplemental Income Portfolios

Amerivest Investment Management, a subsidiary of TD Ameritrade, has launched Amerivest Supplemental Income Portfolios powered by Morningstar Associates. 
Reported by

This new series of professionally built mutual fund portfolios is designed to specifically help generate income, with features that enable investors to choose when to receive income payments and how much each payment will be.  

Amerivest Supplemental Income Portfolios provide: 

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  • Income generation: the majority of mutual funds included in each portfolio are actively managed with the goal of income in mind
  • Systematic withdrawals: investors can choose when to receive income payments and how much each payment will be using an online tool connected to the account 
  • Objective recommendations: the investment professionals at Morningstar Associates provide objective fund recommendations to Amerivest
  • Professional portfolio management: each portfolio is actively managed and looks to pursue optimal risk/reward balance, diversification, and maximum alignment with the investor’s unique goals
  • Ongoing maintenance: Amerivest oversees the details of each portfolio—including periodic rebalancing

Investors can choose from two portfolios: 

  • Conservative Portfolio, which may be considered by individuals who want to generate income and preserve principal, such as someone already in retirement
  • Moderate Portfolio, which may be beneficial for those who wish to generate income while still experiencing a measured amount of growth that comes from small exposure to equities and some of the risk of equities, such as someone nearing retirement or needing a slightly more aggressive income-based investment.  

In addition, investors with more time until retirement can use the Amerivest Supplemental Income Portfolios to help round out their portfolios and potentially help manage risk.  

“As more and more baby boomers approach and enter retirement, we’ve seen increased demand for tools and resources that help generate and manage income once retirement is no longer a goal but a reality,” said Ram Subramaniam, head of products at TD Ameritrade. “This new service can help supplement Social Security, pensions, and other income sources in retirement, while giving investors the ability to distribute income on a periodic basis. Investors even have the ability to choose when and potentially how much their payouts will be.”  

For more information on the suite of Amerivest Portfolios, visit http://www.tdameritrade.com/planningretirement/portfoliosolutions/overview.html.

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