Category Archives: Client Resources

WINTER WEATHER ADVISORY – MARCH 14TH, 2017

On March 14th, 2017 Next Generation Trust Services will be closed due to inclement weather. We will be checking email and voicemail remotely as often as possible. Thank you for your patience and we hope you stay safe in the blizzard!
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2017 Tax Day Promotion!

At Next Generation, we believe you deserve credit for opening a self-directed retirement account.That’s why, now through April 18, 2017, Next Generation Trust Services is giving new clients a very special offer with our Tax Day Special: Open a new self-directed retirement plan by April 18, funded with a rollover or a transfer of funds…
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CLIENT ADVISORY

This upcoming Friday, February 26th, 2017, the InnoVue portal will be under maintenance. The necessary downtime for this purpose will start at 12 AM EST and last for a few hours. During this time you will not be able to access your InnoVue account.  We apologize in advance for any inconveniences. But don't worry, all…
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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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Can You Still Really Bank on Your 401(k) Plan?

According to a recent report from investment advisory firm Research Affiliates, not so much. The report states that even making a 5 percent return on traditional investments in a 401(k) plan is not likely to happen over a 10-year horizon. Research Affiliates looked at the default settings of 11 retirement calculators, robo-advisers, and surveys of institutional investors…
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Social Security Raises? Not so Much

As reported in a story on cbsnews.com, many people are bound to be disappointed by the cost of living adjustment (COLA) on next year’s Social Security benefits. It is said that Social Security recipients and federal retirees numbering in the millions will only get a 0.3 percent increase in monthly benefits in 2017. That marks…
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Living Abroad? Avoid These 6 Retirement Errors

If you’re an expat enjoying retirement overseas, you are well-advised to be in the know about the U.S. and foreign tax codes. The IRA rules, written for the U.S. tax code, may conflict with the tax codes of the country where you are living or working. There are countries that maintain double-taxation treaties with the…
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