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Ask The Accountant: Live Q&A with Tom Wheelwright

Wealthion - Be Financially Resilient

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Can You Maximize Your IRA 401K?

If you're investing primarily in the stock market or stocks and bonds, absolutely, you wanna max out your 401K. Do not hold that side of qualified account. Energy investment, oil and gas, I wouldn't own side an IRA 401K. Business definitely, you can't actually, you can’t own one. The tax court's been very clear on that.

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