Self Directed IRA Solo 401k

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

The Most Elusive & Dangerous Self-Directed IRA Practice – Part 2

In the last post, you learned about how doing an active "entrepreneurship-ish" deal inside your IRA is an open invitation for the IRS to tax the hell out of you. In this post, you'll learn the solution. The solution is not to avoid doing active deals. The solution is not to stop pursuing … [Read more...] about The Most Elusive & Dangerous Self-Directed IRA Practice – Part 2