What Makes an Investment Right or Wrong for Your IRA?
Your Individual Retirement Account (IRA) is a tax aberration. The law grants IRAs a very narrow and strictly construed income tax treatment for a singular purpose: encouraging people to save for retirement.
Perhaps you've accumulated a large IRA by "rolling over" funds from your company retirement plan. Your IRA might hold several hundred thousand to $1 million or even more. I will wager that you've thought about using that money for investments other than stocks and bonds. Perhaps you've been offered, or envisioned, a real estate opportunity or a joint venture with potential for greater returns. For those entrepreneurial people who have more than enough saved for their retirement lifestyle, I'm here to encourage you to do just that.
But first, you must learn more about IRAs.
