Gail Greenberg
Advantages of 401Ks over SDIRAs in buying notes
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 c...
Account Closed
multiple self directed retirement accounts
ok gang, i'm trying to wrap my head around this stuff..can i do a combination of a self directed (or solo--not sure the proper term), AND a roth (either IRA or 401k)?? I would really like the solo 401k, since from m...
Chai Jonn
Self Directed IRA LLC/ Solo 401k for Real Estae investment
Hello Folks,I am trying to get some clarity on how to proceed with Self Directed IRA. I have a ROTH IRA at Vanguard and ROTH 401K at T Rowe. I like to combine these both into either a Self Directed IRA or Self Direc...
Colleen Melilli
Solo 401K
My husband and I are setting up a solo 401K with a Roth IRA sub account . Are we allowed to fund it with an old Roth rollover or can we only make a new annual contribution of 24K?
Account Closed
Unlocking Wealth: Leveraging Backdoor Roth IRAs for High-Earning W-2 Employees
For W-2 employees with substantial income, navigating the financial landscape becomes strategic. Understanding the nuances of Backdoor Roth IRAs can be a game-changer in optimizing wealth-building opportunities. Let...
Jason Bouck
Roth/Traditional IRA Question
So when I left one of my employers, they notified me that they moved my funds into a traditional IRA account (this was before I knew anything about retirement and financial education). As I found out how important re...
Nathan Yee
Transitioning IRA and old 401(k) to Self-Directed IRA
Hello BP Community,I'm looking clarify the following questions:What would the tax/penalties (if applicable) be for rolling over 1) my ROTH IRA and 2) my old, traditional employer 401(k) into a Self-Directed ROTH IRA? ...
Daria B.
Roth Contribution - 5yr rule
I found several descriptions regarding this rule - below is one description.What is the Five Year Rule?An investor can withdraw his or her contributions to a Roth IRA at any time without tax or penalty. But, that is n...
Beau Jensen
Self-directed IRA
I have been trying to educate myself on the advantages of a Self-directed IRA vs Roth IRA. My curiosity was peaked when I listened to a Podcast recently about a gentlemen that purchases "investment properties" with h...
Bridgette Roberson
Can My Roth IRA be used to inveat in real estate?
Hello Everyone.I had 30,000 in a Roth IRA. I would like to use it to purchase rental property. I already own a home so I can't use it for first time homeowner purchase. What are the tax implications for taking money o...