Wall StreetMany of our clients today simply want to get off Wall Street. Though it’s been possible to self-direct your IRA since the mid seventies the world’s current instability is providing the catalyst for a migration off The Street.

Since it is possible to invest in anything other than Life Insurance Contracts and Collectibles, we get to see a great variety investments being made. Monthly through this website we offer examples of recent investments our clients have made though I thought I might summarize. In the last month alone we have had clients make the following investments:

Real Estate

We have had clients acquire investment houses and land.

Notes

There have been investments made in Real Estate notes. Typically the notes are low loan to value and are in first position. In some cases the notes are being acquired at discounted values.

Loans

Clients have made business loans for both start-ups and existing businesses.

ROBS

Rollover Business Startups. A “ROBS” business is a business owned by an investors 401k plan, it is possible for the investor to be employed by a company owned by his or her 401k. Read more on ROBS below

These investments represent merely a few of the opportunities available. Accounts structured by IRA Advantage give investors the ability to invest in Wall Street’s offerings as well as virtually any other legitimate investment.

Call IRA Advantage today to take control of your future with one of our self-directed retirement vehicles.

It is important to once again stress we do not offer investments nor investment advice, IRA Advantage merely provides the vehicle to make the investments our clients desire to make.

What is a ROBS?

ROBS is the acronym for Rollover Business Startup.  The process has been utilized for years and there have been thousands of new business’ started using the process.  So how does it work?

  1. Create your new company 401k plan.
  2. Rollover your current Retirement Plan into your new  company 401k.
  3. Your new 401k invests in the business’ new C-Corporation.  The shares of the new C-Corporation are now owned by your new company retirement plan.

You are now ready to acquire the new business!

If the business costs more than you have available in your retirement account it is possible for you to invest with your retirement account.  Yes, it is possible to jointly own the business though timing is critical.  Any joint ownership between disqualified parties requires investment to be made simultaneously.

As the old saying goes; be prepared.  When negotiating the purchase of a new business for a retirement account all negotiation should be done in the account’s name or if the 401k’s C-Corporation has been completed in the C-Corporation’s name.

Although buying a business with your retirement account is not a difficult process, thorough understanding of the legal issues, planning and preparation are essential.  The Retirement account must be able to make the acquisition and cover any costs the investment may require.  The process to establish a Rollover Business Startup typically takes two to four weeks.