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Yes, You Can Double Your ROI With a Self Directed Roth IRA (Individual Retirement Account)

My son and I were sitting near a cafe on the embankment, basking in the sun’s rays and drinking ice cold beer. When an old friend, Tom, walked by, we invited him to sit down, bought him a beer and struck up a conversation. You remember Tom, I wrote about him before, he works for a self directed IRA management company. Anyway, we’ve discussed when clients should be encouraged to roll over to a self-directed Roth IRA. To minimize the tax they have to pay, Tom said, he actively encouraged them to roll over to a self-directed Roth IRA if they rented out four or more homes a year.

This might be a good time to explain exactly what a self-directed Roth IRA is. It is important to remember that the contributions you make to the account are tax-deductible. As long as you’ve had the account open for five years or more and you’re fifty-nine-and-a-half years old, the money you take out when you retire is tax-free. To qualify for a Roth IRA if you’re single or a head of household, you can’t earn more than $116,000 in the year you start your Roth. You can only contribute $5,000 a year until you’re fifty or older, then you can increase it to $6,000 a year. If you plan to make a lot of investments, the Roth is the only way to go.

We’ve talked about baby boomers turning their 401(k)s into self-directed Roth IRAs in increasing numbers. Maybe because 401(k) withdrawals are a great way to finance real estate deals. More and more people are aware that banks and brokerage offices are ripping them off. They find their way to freedom by investing in real estate. There is still money to be made in real estate if you know where to invest, especially if the returns are tax free.

Last week I wrote an article about how some of you have been asking, “Is my self-directed IRA guaranteed?” Well, I told you it’s not guaranteed. There are very few investments these days, however, having said that, we offer one of the few real estate investments where ROI is guaranteed. Indeed, the ROI will be at least twice the percentage of your investment last year. Yes, at least double your ROI last year. You’ll know what I’m saying when you check it out. Now I have had a very good response to my articles last week and it makes my heart happy, it really does. One of the added benefits of investing in a self-directed Roth IRA is the fact that it harnesses the power of compound interest over and over again.

My friend and I must have had a very nice chat, and I must say the time just flew by. And when my friend finally left, my son and I ordered some delicious freshly caught fish. A great way to end our walk, indeed, my son and I vowed to do the same soon. Ok, back to business :o) If you can spare a few minutes, please feel free to browse my web site.

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