EP 8 - Starting a Business with Your Self-Directed IRA or 401(k)
Directed IRA Podcast
00:00
How to Get a Solo Four or One K
You have to set up your new entity. This is generally going to be your s corporation. In this option, the retirement account is not going to own and invest the business. There's not a lot of restrictions on it, so it's easier. Alo, i think a pro is, you is the owner, get all the profit and you get a salary. Fair enough, right? Less compliance to worry about, can less compliance.
Transcript
Play full episode
