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When is your IRA or 401(k) NOT Tax-Favored?  |  SDITalk.com #306

When is your IRA or 401(k) NOT Tax-Favored? | SDITalk.com #306

FromSelf Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's


When is your IRA or 401(k) NOT Tax-Favored? | SDITalk.com #306

FromSelf Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's

ratings:
Length:
7 minutes
Released:
Aug 7, 2018
Format:
Podcast episode

Description

REGISTER FOR THE FREE WEBINAR HEREWhen is the profit in your self-directed IRA or 401(k) NOT shielded from taxes? It may happen       far more frequently than you think. I’m Bryan Ellis. This is episode #306 of America’s largest, fastest-growing podcast for self-directed investors.----Hello, Self-Directed Investors all across the fruited plane! Welcome to Self-Directed Investor Talk, the show of record for savvy, self-directed investors like you, where in each episode, I help you to find, understand and profit from exceptional alternative investment opportunities and strategies.Lately there’s been a lot of news about Apple computer, as it’s stock has gone high enough to make the company worth more than a Trillion dollars, the first company to have achieved that lofty level. And there’s constantly news about AMAZON, as that stock has continued to zoom upwards in a meteoric fashion. But did you know that REAL ESTATE beats STOCKS… pretty easily… as a retirement investment… and I can prove that to you conclusively? In fact, I invite you to allow me to present the hard evidence to you that the core retirement investment strategy that Wall Street has taught all of us is fundamentally unwise and unsafe. And I’ll show you how to use real estate to get MUCH BETTER RESULTS. I’ll do that by way of a special FREE webinar for which there are still a few openings available. It’s called Real Estate Beats Stocks… EASILY, and you can register for it at no charge by visiting today’s show page… SDITalk.com/306… SDITalk.com/306 and click the link that says “Register For The Free Webinar Here”. But don’t delay… it’s coming up very soon and seats are filling up fast, so to get FREE access, go to SDITalk.com/306 now.Hey… did you know that not all of the income you make in your self-directed IRA or 401(k) is inherently protected from taxes? That’s right. The distinction lies in the fact that, from the IRS’ point of view, there are two TYPES of income: EARNED income and UNEARNED income. We’ll call them ACTIVE and PASSIVE income, as I think those are more descriptive.Oh yes… one more thing before we look at the distinctions…I’d like to offer a sincere THANK YOU to an iTunes listeners who uses the handle Jaywk007. He gave this show a 5-star rating and a really nice review that says “I just started listening to Bryan’s podcast and so far I think it’s awesome… I wish I had found it a long time ago!” Thank you, Jay… I really appreciate that!And for your entertainment, folks… in tomorrow’s exciting episode, I’ll read to you a recent 0-star review I received. This show has 471 ratings on iTunes right now, which is HUGE… and of those, 450 of them are 5-star. But hey… some people can’t take the heat, and I’ll share one of them with you tomorrow to give you a nice chuckle.Ok… active income and passive income. That’s a massive, crucial distinction, and here’s the reason why:When your retirement account generates what’s called PASSIVE income… things like profits from the sale of stock or income from rental properties or interest from a CD… that kind of income is exactly what your retirement accounts was designed for, and consequently, that kind of income – passive income – is where the tax benefits come into play which you BELIEVE to be fundamentally associated with your IRA or 401(k).But as it turns out, there’s nothing fundamental about those tax benefits. Because if another type of income – called ACTIVE income – is generated in your IRA or 401(k), then look out, because you’ve got a rude awakening headed your way, that rude awakening being, of course, that IRA’s and 401(k)’s do nothing to help your tax situation when the money in question is EARNED or ACTIVE income.What is active income? According to a definition offered by our pals over at the IRS, It can be one of two different things, and both are pretty simple. First is active income happens whenever you work for someone and they pay you. Easy-peasy. Second is when you own a business or a farm which pays
Released:
Aug 7, 2018
Format:
Podcast episode

Titles in the series (100)

Do you INSTINCTIVELY KNOW that Wall Street doesn't have your best interests at heart, and that there's a better way to grow and protect your money to build wealth for generations? Then this is the alternative investments show for you. Self Directed Investor Talk is America's ONLY Podcast exclusively for Self Directed Investors (whether using a Self Directed IRA, Solo 401k, or non-retirement accounts) who trust themselves more than they trust Wall Street. You'll get innovative investment strategies, deadly accurate market analysis, and uniquely vetted profitable investment opportunities that conventional financial advisers don't even know about. You'll receive a powerful new episode every day of the week... and each episode is 10 minutes or less! Check it out right now! See acast.com/privacy for privacy and opt-out information.