Did you know that you don't have to leave your 401(k) in an existing plan if you no longer work for that employer? You can legally and advantageously move those funds into a self-directed IRA.
From there, either you can invest and manage the money much more effectively with a Self-Directed IRA Custodian.
This transition is called a "roll over IRA" or 401k Rollover.
There are no penalties or taxes to pay for correctly handled rollover accounts.
Here are some of the far more beneficial things you can do with the rollover 401k or IRA which you can't do with the employer plan: • Invest the money in non-traditional investments, such as real estate, private placement offerings, a private business, trust deeds, loans to outsiders and many others not listed here (for more info, click either the "Real Estate IRA" or "Checkbook Control Of Your IRA" buttons on the top of this page).
• Invest in physical gold or silver coins and bullion • Access your IRA for quick cash at pre-retirement ages • Invest in far safer and/or more profitable investments than the current 401(k) offers.
• Invest in a Hi-Yield Fund For IRAs, such as a Safe Savings Account, which will earn you a guaranteed interest rate.
To begin rolling your 401(k) over with a Self-Directed IRA Custodian, you will need to fill out generic forms, such as a Transfer form and an IRA Application.
Paperwork will vary from Custodian to Custodian, but your costs and fees should not run you more than a three hundred dollars.
If your custodian is asking for more than that, you should walk away immediately.
The safest way to invest your retirement plan is in a vehicle that will pay you a guaranteed interest rate.
How else can you plan if you don't know exactly what you will earn? Discounted real estate notes are popular because they will pay your self-directed IRA a fixed interest rate! How can you plan for your retirement unless you can accurately predict to the dollar what your investment will be worth in 10 years? Anything else is just 'financial guessing'.
In this tough economic environment, do you really want to take risks with your retirement accounts?
From there, either you can invest and manage the money much more effectively with a Self-Directed IRA Custodian.
This transition is called a "roll over IRA" or 401k Rollover.
There are no penalties or taxes to pay for correctly handled rollover accounts.
Here are some of the far more beneficial things you can do with the rollover 401k or IRA which you can't do with the employer plan: • Invest the money in non-traditional investments, such as real estate, private placement offerings, a private business, trust deeds, loans to outsiders and many others not listed here (for more info, click either the "Real Estate IRA" or "Checkbook Control Of Your IRA" buttons on the top of this page).
• Invest in physical gold or silver coins and bullion • Access your IRA for quick cash at pre-retirement ages • Invest in far safer and/or more profitable investments than the current 401(k) offers.
• Invest in a Hi-Yield Fund For IRAs, such as a Safe Savings Account, which will earn you a guaranteed interest rate.
To begin rolling your 401(k) over with a Self-Directed IRA Custodian, you will need to fill out generic forms, such as a Transfer form and an IRA Application.
Paperwork will vary from Custodian to Custodian, but your costs and fees should not run you more than a three hundred dollars.
If your custodian is asking for more than that, you should walk away immediately.
The safest way to invest your retirement plan is in a vehicle that will pay you a guaranteed interest rate.
How else can you plan if you don't know exactly what you will earn? Discounted real estate notes are popular because they will pay your self-directed IRA a fixed interest rate! How can you plan for your retirement unless you can accurately predict to the dollar what your investment will be worth in 10 years? Anything else is just 'financial guessing'.
In this tough economic environment, do you really want to take risks with your retirement accounts?
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