Lending Club Introduces Self-Directed IRA in Peer-to-Peer Lending

Posted by Sun on March 25, 2009 (9) Comment

Lending Club, the only SEC registered peer-to-peer lending site, today announced the introduction of the first ever self-directed IRA to let lenders save for retirements through P2P lending. The new self-directed IRA accounts are managed by EntrustCAMA, a custodian of both self-directed and real estate IRAs.
Currently, Lending Club self-directed IRA plan participants can choose to [...]

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Promotions at Brokers for New IRA Accounts before Tax Deadline

Posted by Sun on April 10, 2008 (4) Comment

There are only four days left before the April 15 tax deadline, but it isn’t too late to make 2007 IRA contribution which has a limit of $4,000 ($5,000 if 50+ years old). At this time, some brokers are offering incentives to encourage people to open IRA accounts with them. For example:
Scottrade: 1-year subscription of [...]

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The Best Investments in IRA Accounts

Posted by Sun on March 22, 2007 (2) Comment

So you still have about three weeks to file your 2006 income tax (this year’s deadline is April 17, 2007) if you haven’t done so already, what else can you do to save instantly on taxes? If you meet certain income conditions, you can open a traditional IRA account before the tax deadline, make $4,000 [...]

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IRA Transfer from Scottrade to Vanguard: The Horrible Experience Continues

Posted by Sun on January 16, 2007 (2) Comment

The first thing I did when I came to work this morning was giving Vanguard a call, again.
When I filled out the IRA asset transfer form to move all Vanguard funds in my IRA account from Scottrade to Vanguard, I provided a blank check and instructed Vanguard to automatically invest $200 into each of the [...]

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