John Bowens

John Bowens from Equity Trust shares his expertise on accessing IRA funds before 59½ without penalty. He unveils legal strategies like the Roth layered cake approach for tax-efficient withdrawals. The discussion highlights IRS-approved exceptions, the tax implications of early withdrawals, and how they can impact overall retirement savings. Bowens also emphasizes the importance of evaluating financial needs against long-term goals, while offering alternative funding ideas and the nuances of converting IRAs for future tax planning.

Join John Bowens, Director at Equity Trust Company and self-directed IRA expert, as he unveils the little-known self-directed IRA (SDIRA) strategy that could revolutionize your retirement planning. Discover how this unique account allows you to invest in real estate tax-free, generate passive income, and even flip houses without the usual constraints. John tackles objections to SDIRAs, shares invaluable insights on the 'material participation' rule, and explains the potential for wealth-building that most Americans overlook. Your retirement could be richer than you think!

John Bowens, Director of Education at Equity Trust, shares his expertise on the 72(t) strategy for early retirement fund access. He breaks down the intricacies of Substantially Equal Periodic Payments (SEPP) and how to avoid hefty penalties for early withdrawals. Listeners learn critical compliance rules and the importance of investment strategy for utilizing retirement accounts effectively. John also discusses various distribution methods, including amortization and annuitization, and highlights the risks and planning needed for a successful retirement strategy.