Advantages of 401Ks over SDIRAs in buying notes

[Gail Greenberg]

Found out at #NoteCamp in a presentation by Tyler Carter from Nuview IRA that compared to a SDIRA, with a 401K, you can....

1. Contribute up to $53,000 ($59,000 if you're over 50) in a year to a 401K where the annual contribution to an IRA is capped at $6500.

2. Borrow money to use along with 401K funds and NOT trigger a UBIT type tax as you would with an IRA

3. Have checkbook control for free without attracting the attention of IRS auditors

4. Make contributions as traditional (tax-deferred) because it affects the amount you need to contribute for your employees but then convert it to Roth within the 401K

5. Be able to leave money in your Roth 401K tax free forever for your heirs. You never have to take it out, unlike required distributions under an IRA.