Blog

Increased IRS Scrutiny? We Can Handle It!

At Next Generation Trust Services, we want to protect the tax-advantaged status of your account. IRAs holding non-traditional assets are being placed under increased scrutiny by the IRS because of the higher likelihood that a prohibited transaction will take place and/or proper vales will not be reported. Because of the increased scrutiny from the IRS,…
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The GAO Report and Self-Directed IRAs

GAO Report The Government Accountability Office (GAO) recently released a publication on January 9th titled Improved Guidance Could Help Account Owners Understand the Risks of Investing in Unconventional Assets. IRAs have become an integral part of retirement savings for many, and more people are beginning to branch out from more traditional assets in favor of…
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February 9th, 2017 – Closed Due to Weather

Due to local weather conditions, Next Generation Trust Services in Roseland, New Jersey will be closed Thursday, February 9th, 2017. Should you have any questions please feel free to email Info@NextGenerationTrust.com or leave a message at 888.857.8058. We will resume normal business hours Friday. February 10th, 2017.
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Fair Market Values and Self-Directed IRAs

Every year, IRA account administrators are required to file Form 5498 on behalf of their clients. Form 5498 reports the fair market value (FMV) of the IRA as of December 31st of every year to you and the IRS.. You can find the form here. With the growing popularity of self-directed retirement plans, the IRS…
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Next Generation Announcements!

We have three wonderful announcements to make this month! Next Generation has hit a new milestone this month as our holdings have increased to over $600 million. In January of 2016, Next Generation had roughly $533 million in holdings, which is a 12 percent increase. Self-directed retirement accounts have been increasing in popularity and we…
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Spain – Time for Foreign Real Estate Investments in Your Self-Directed IRA

A recent story by Laurie Frayer for NPR highlighted a serious problem for Spain, but one that represents and interesting investment opportunity for Americans. Due to Spain’s poor economy, the exodus of younger citizens, and natural attrition, whole villages are being abandoned. Some are farming villages located in areas where it’s too difficult to farm…
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Live Long & Prosper with a Self-Directed Retirement

This is a great mantra if you are healthy and have planned ahead for your retirement. However, a new Healthview Services report acknowledges that with women living longer than men and the possibility of high health care costs looming in their future, it is more important than ever for women to get serious about ensuring…
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Planning to work during retirement? Better plan ahead first.

There are good reasons to work during one’s retirement years—staying active and engaged is always healthy and for some people, it’s a great time to explore new interests, and people can use their past professional experience to create new consultancies and other jobs for themselves in later years. According to a Bankrate.com report, 70 percent…
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Beware a Lack of Consumer Protections: Self-Direct Your Retirement Instead!

An article on November 19, 2016 in the New York Times spells out a troubling issue regarding brokerages and banks—more specifically, the issue of stock brokers doing business in spite of black marks on their disciplinary records. According to the article, there is a sizable percentage of these people handling clients’ retirement accounts and other…
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