10 min listen
Why is the IRS targeting SELF-DIRECTED IRA's? | Episode #1
FromSelf Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's
Why is the IRS targeting SELF-DIRECTED IRA's? | Episode #1
FromSelf Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's
ratings:
Length:
8 minutes
Released:
Feb 2, 2015
Format:
Podcast episode
Description
https://SelfDirected.org/1The Big IdeaThe U.S. National Debt is approaching $20 trillion... and it's the job of the IRS to collect the cash to pay that debt. What's a key target for them? Self-Directed IRA's... here's why:Points To PonderThe U.S. National Debt is approaching $20 trillion dollars! It's the job of the IRS to collect the taxes to pay off that debtThere's a total of more than $25 trillion in retirement assets in America Of that, $8 trillion is in IRA'sMost vulnerable portion of that is in self-directed IRA's, because it's possible for IRS to confiscate the entire account value on account of "prohibited transactions"Self-directed IRA's are totally legal, and with proper care, prohibited transactions can be avoidedResourcesEpisode #1 of Self-Directed Investing with Bryan EllisUS National Debt ClockInvestment Company Institute Report On Retirement AssetsGovernment Documents Concerning Self-Directed IRA's
Released:
Feb 2, 2015
Format:
Podcast episode
Titles in the series (100)
Checkbook IRA LLC: Worth the Risk? | Episode #2: New IRS Activity Raises Concerns Over This POWERFUL Financial Tool by Self Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's