How to Start a Self Directed IRA or 401(k)

Рет қаралды 7,416

Mat Sorensen - Wealth Lawyer & Entrepreneur

Күн бұрын

Our COO Aaron Halderman and I discuss transforming old employer 401k into a Self Directed IRA or 401K, navigating the intricacies of health and education savings, and choosing the right path between Roth and Traditional IRAs. Whether you're looking to use existing retirement account money or start fresh with new contributions, we've got you covered. Join us as we break down the rules, discuss pain points, and provide practical steps to empower you to take control of your retirement. At Directed IRA, we assist clients in setting up 30-40 new accounts daily, and our goal is to make you experts in managing your financial future. Subscribe now for expert insights and success stories!
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Schedule a Free 15-minute new account phone appointment with one of our experienced Senior Account Executives regarding a Real Estate IRA or a Self-Directed IRA.
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Пікірлер: 20

@ltdjag7577 2 ай бұрын

This is one of the best podcasts I’ve seen about solo 401k self directed. Cool

@MatSorensen 2 ай бұрын

Thank you, glad you enjoyed it!

@josephbatta1730 3 ай бұрын

Great information. Watched this 3 times. I think I'm dizzy. You guys are awesome.!

@MatSorensen 3 ай бұрын

Glad you enjoyed it!

@sticklerone8768 2 ай бұрын

Excellent content and surely something I plan to explore with your organization! Question - can you have more than one LLC feeding into a single SDIRA account? I ask because there is a general thought especially when investing in RE to keep each investment property separate from the liability POV. Cheers.

@MatSorensen Ай бұрын

Sticklerone, great question. I will answer this on my live this upcoming Monday at Noon pacific!

@CindaMurphyRealEstate 5 ай бұрын

I had a 401k. After I quit, I rolled it into an IRA. Can I turn that into a Self Directed IRA now? I’m a realtor now and I want to invest all my money into RE instead of the stock market. A friend of mine says I can’t because that was from W-2 income and I am now self employed. Here’s what she said, “I hate to burst your bubble- but unless you can transfer over other self employed Ira funds into SDIRA, it’ll take you a long time to build up enough to purchase. You can contribute up to 100% of income up to 250k i think every year, but you can’t as you need to live on some, if not all your income. ☹️. I know this isn’t want you want to hear- but that’s the only way to fund a SDIRA. From other self employed Ira’s or ongoing from current self employment income. I couldn’t roll my regular IRA in it, only my SEPs & Simples. (Self employed Ira’s). “ True?

@nfhare22 5 ай бұрын

You can transfer any Rollover IRA to a Self-Directed. It does not matter how you put the money in there as long as the IRAs are similarly taxed IRA they can be moved back and forth (IE: Pretax to Pretax). Your rollover is just a Traditional IRA and can be transferred to any self-directed pretax plan.

@Ananya-Annapurna468 6 ай бұрын

Yeah, bought it the other day and it arrived in my account the same day. Ill sell this Roccat token as soon as its listed, for 300-400 times more.

@Parinita-Jayaprada40207 6 ай бұрын

Bro, I both bought Roccat token and participated in the airdrop. If the airdrop hits too, Ill make a good profit. Even if the airdrop doesnt happen, the investment itself multiplies well.

@omegandalpha 6 ай бұрын

How do you buy stock and bonds from your self direct ira?

@MatSorensen 4 ай бұрын

Great question. Please head to matsorensen.com/ and click “Ask Mat,” on the left sidebar of my website. I will be answering questions submitted on my next live stream.

@tonya.2645 5 ай бұрын

Are the funds in the SDIRA FDIC or SIPC insured? If yes, how much?

@MatSorensen 4 ай бұрын

Great question. Please head to matsorensen.com/ and click “Ask Mat,” on the left sidebar of my website. I will be answering questions submitted on my next livestream.

@roarkhuene444 5 ай бұрын

Would you guys want to come in to our firm and chat? We are HQ ‘d in Denver. Independent RIA, we manage half a billion. Love your creativity and strategy’s.

@ryanmarable2195 4 ай бұрын

🤯

@MatSorensen 4 ай бұрын

Thx 🙏🏼

@jerrynieves8599 5 ай бұрын

How can I buy to build house with a self dir ira on my land

@MatSorensen 4 ай бұрын

Great question. Please head to matsorensen.com/ and click “Ask Mat,” on the left sidebar of my website. I will be answering questions submitted on my next livestream.