Leaving your current place of employment? Here are frequently asked questions about IRA rollovers from employee sponsored plans.
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Tax Deferred and Locked Away VS Funding Your Business:
Imagine using your savings to turn your dream into your financially sustainable business inspired by your own creative expression. This book promises to put windows in the wall of inaccesible retirement savings so the reader can envision using locked up tax deferred money for your dreams. My library carries it. Killing Sacred Cows : overcoming the financial myths that are destroyingyour prosperity / Garret B. Gunderson with Stephen Palmer.
Solari Report’s guest, Jon Rappoport, has programs to bring out the creative genius in us.
Thanks Catherine for providing the idea that tax deferred is not the only way to arrive at our senior years with wealth…and a happy heart.
Brad
I’ve been reviewing the self directed IRA method to hold gold and or silver bullion and weighting it versus the income tax and 10% excise tax costs to withdraw from an IRA, having not looked at multi year taxation of gains versus the risk of high taxes in retirement. We each individually should consult our Financial Profession and Tax Professional, but it is absolutely clear that cashing out is a freeing move emotionally and perhaps spiritually as well.
Thanks for Solari Report,
Brad