Archives for September 2011

The “Jury” Decides on ROBS – Can you legally fund a business purchase or startup with a Self-Directed 401k?

Boy do I get a lot of blowback every time I share my findings about why the government has declared ROBS illegal! Why is there not a specific government ruling on ROBS? Great question! It's because once an issue has been ruled on, they don't repeatedly consider it. "They" are the Department … [Read more...] about The “Jury” Decides on ROBS – Can you legally fund a business purchase or startup with a Self-Directed 401k?

Due Diligence Tip #1 – Avoid Self-Directed IRA/401k Custodians

When converting to a Self-Directed IRA/401k, the reason to avoid custodians is simple. Well, there are 4 reasons really. UNNECESSARY DELAYS With a custodian, you give custody of your retirement funds to yet another financial institution who acts as a middleman. This means when you request a … [Read more...] about Due Diligence Tip #1 – Avoid Self-Directed IRA/401k Custodians