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REIA 211 Chris Tanner: Albert Einstein said "Compound Interest is the 8th Wonder of the World" "Tax FREE Compound Interest must be the 9th"
Season 1
Episode 211
Published 3 years, 5 months ago
Description
We'd love to hear from you. What are your thoughts and questions?
Chris is the Sr. Sales & Education Manager at New Direction Trust Company. Chris educates people on the power of using self-directed IRAs and solo 401Ks. He has been self-directing his own retirement plans since 2007.
Main Points:
- The IRS allows you to invest in assets outside the stock market. Things like real estate, private equity, precious metals, and private lending.
- You can have complete control of your retirement funds. You are not obligated to use a financial planner, or hope that Wall Street will secure your retirement.
- The IRS gave us an amazing gift. The gift of Tax Free investing via a Roth IRA and Roth 401K
- The Solo 401K is an outstanding vehicle for people wanting to use leverage in their real estate investing
- Mentorship and education is vital to your success. Find a self-directed IRA custodian that will serve that role
- Self-Directed IRAs and Solo 401K plans are very versatile. They can take title to assets, they can partner, they can borrow, and they can lend.
- The IRS has rules about investing with retirement funds. Know the rules, and follow the rules. You don't want to commit a prohibited transaction
Connect with Chris:
- https://ndtco.com/education-center/
- ctanner@ndtco.com
- +1 (197) 039-64205
- http://www.ndtco.com