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Nabers Group vs. CheckbookIRA.org, IRA Financial Group, Guidant, IRA123, Safeguard Financial, NAFEP, Asset Exchange Strategies®, etc September 12, 2011

Posted by Jeff Nabers in : Business Start-Ups, Rollovers As Business Startup, Rollovers As Business Startups, Self Directed IRA Solo 401k, Small Business Lending , 2comments

Why should you use my company to setup a Self-Directed IRA, IRA LLC, or Solo 401(k) instead of those others?

It’s quite simple really…

Those other companies all promote an illegal scheme called ROBS, and if you are a client of a company promoting an illegal scheme, you are a target for nasty IRS audits.

Best case audit scenario: After months or years of being audited, you are finally cleared. Your assets might be frozen during that time, and you may incur tens of thousands of dollars in attorney fees to defend yourself.

Worst case scenario: If you used the ROBS strategy yourself with, say a couple hundred thousand dollars, you could incur MILLIONS of dollars in taxes. Yep, you read that right. The tax penalties are (more…)

Due Diligence Tip #1 – Avoid Self-Directed IRA/401k Custodians September 9, 2011

Posted by Jeff Nabers in : Self Directed IRA Solo 401k , 5comments

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 transaction, you have to wait for them to process it.

LIMITED INVESTMENT OPTIONS

Because the ultimate “approval” of each requested transaction is up to the custodian, many of your 100% legal transactions get denied due to company policy or just due to (more…)

Real Estate Harsh Reality April 7, 2011

Posted by Jeff Nabers in : real estate, Self Directed IRA Solo 401k , 2comments

You may be wondering why I haven’t blogged about real estate investing in a while. There’s a very good explanation video at Nabers.TV for you to check out.

Is the Health Care Bill a Distraction From What’s Next? March 24, 2010

Posted by Jeff Nabers in : Hyperinflation, Money, Self Directed IRA Solo 401k , 11comments

Everyone is talking about health care. “How could the politicians do this with a strong majority of American in opposition?”

This video provides some insight into the never-ending string of government takeovers, and seeing the whole picture is alarming. One lesson from all of this is that complaining doesn’t work. Neither does disapproving. What does work is being prepared to defeat government takeover attempts.

Discussed in the video is what I believe is one of the most fundamental characteristics for a free society. Enjoy!