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32 Signs You Are a Questie

14 Oct

1. You’ve experienced inappropriate comments

2. You’ve been locked inside the classroom without a key to get outphoto

3. You’ve racked up a ridiculous bill at coaches

4. You know the quest 15 is real

5. You’ve come to work hungover

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6. You have wrecked your car after a work event

7. You know the fish philosophy by heart in the right order (though no true order exist)

8. You’ve caught yourself laughing at IRA jokes

9. You know what Steak day means

10. Your hands are covered in paper cuts from year end statement mailouts

11. Your significant other is sick of hearing about work

12. You thought 60 hours a week was a regular work week.

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13. Fright night success is rated by hangovers the next day

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14. You stay away from Nathan when he is sick and/or hungry

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15. You don’t ask Quincy questions because you will get so much more than what you asked for (but never get the answer)

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16. You know Amanda is queen B

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17. Transactions doesn’t function unless the refrigerator is fully loaded with redbulls (sugar free is a plus)

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18. You will go days without an access card because you know you will have to face Amber if you admit you lost yours

19. Sams run means stock your desk drawer

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20. You’ve been told to take something off your Facebook/Instagram/LinkedIn


21. You have no idea how our health benefits work

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22. You are sick of transfer/rollover training

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23. You negotiate favors based on who will complete your compliance


24. Popeyes opening next to the office just means quest 15 will now be quest 30


25. The guys at discount tire know you by your first name

26. You’ve heard about the man in the brown shoes

27. Days off are Urban Legends you tell your grandchildren about

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28. You can’t remember a time when Bri wasn’t pregnant

29. Staff when getting kicked out of TNET

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But the auditors face:

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30. And calling sick the day after a holiday is a mortal sin 🙂

31. IT guy is also the AC repair/Picture hanger/ muscles/ Fixer/ Handyman

 

32. But despite the drama and the problems, you are proud to call yourself a QUESTIE!

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Traditional vs Roth

8 Oct

Too funny!

18 Jun

I personally use Zillow to check out the Real Estate in the area but have been told countless times I shouldn’t rely on it.

Beatriz Oliva, CISP

6 Jun

This really finally happened! After five torturous weeks the results from the CISP exam are FiNALLY here! I am proud/ecstatic/pleased/overwhelmed/happy to announce I PASSED!

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Form 5498 mailed out in May!

9 May

5498

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Target Your Retirement Planning by Purchasing Your Future Retirement Home Using a Self-Directed IRA

7 May

Financial uncertainty is one of the biggest variables when it comes to planning for retirement. Unfortunately, some savers focus only on the amount they want to accumulate by the time they retire, without giving any thought to what their living expenses are likely to be during retirement. After all, someone who envisions a lavish and luxurious retirement lifestyle is going to need to save much more than someone whose lifestyle is more modest.

So it’s a good idea to come up with a retirement budget now, but even this is subject to some degree of uncertainty. We can estimate how much we might have to pay in medical insurance, housing expenses and other categories of expense, but the farther away it is, the more likely it is that we won’t get those numbers exactly right.

Fortunately, there are techniques we can use to target our retirement planning with a greater level of certainty, including using a self-directed IRA to purchase the home you plan to retire in.

The Basics

Unlike IRAs with traditional custodians, a self-directed IRA with a custodian such as Quest IRA can be used to invest in residential real estate. Once you reach age 59½, you can take a distribution of the property (as you could any other asset within your account) and live in it yourself. Knowing that your retirement residence will be fully paid for by the time you retire can provide a large measure of comfort.

Advance Planning is Important

It’s important to note that regardless of the type of residential real estate you purchase, there are going to be carrying costs, maintenance expenses, real estate taxes and other fees that must be paid in order to maintain the property. The IRS rules for IRAs prohibit you from using any non-account funds in order to pay these expenses. This means that your IRA must itself generate or already contain enough cash to pay these costs as they become due. For this reason it’s generally not advisable to invest 100% of your account funds in a single property.

No Use or Benefit until Distribution

If you were hoping to use the retirement property as a vacation home before you retire, then forget it. The IRS rules are extremely clear that the account owner (and his or her family) may not benefit from any assets held in the account until they take a distribution of those assets. This means that if you use the property before you retire it could be characterized by the IRS as a distribution of that property – thereby subjecting you to immediate taxes and a 10% penalty for early withdrawal.

Of course, the farther you are from retirement, the more likely it is that you may change your mind and no longer want to reside in that particular property during retirement. In order to guard against this possibility, make sure that any property you choose is also a reasonable investment that you could sell if you don’t want to live in it yourself.