In multiple lessons you talk about a way to “unlock” your IRA so you can use the money for different investments. I have been advised that this IRA strategy is a red flag to the IRS… I would like your perspective on this, and confirmation that this is legal and not going to cause any issues if I were to go this direction. Thanks for your support.
-Lee J.
Lee’s confusion is understandable with the conflicting advice he’s getting.
The lesson Lee is referring to is called:
Learn right now how to:
* Buy physical gold and silver and store it wherever they want
* Purchase Tax Liens
* Invest in Real estate, or …
* Structured Settlements
* Private Mortgages
* Managed Futures
* Currency Trading
* Hedge Funds
* Private Businesses
* and much, much, more
But still, it’s no wonder Lee’s financial advisor would think it was a little fishy. It sounds too good to be true, right?
It turns out this IRA strategy has always been 100% legal. It’s part of the tax code. It’s not some loophole that is going to get you in trouble.
In fact, the IRS sued someone back about 20 years ago for using this method and…
The tax courts confirmed this was a perfectly legal way to use an IRA and they even issued an alert to all IRS auditors so they wouldn’t erroneously harass someone using this technique.
So the whole “red flag to the IRS” concept that Lee’s financial advisor mentioned was bogus.
Listen – we aren’t saying that utilizing this method won’t trigger an audit. We honestly don’t know.
What’s bogus is using “fear of an audit” as an excuse for NOT using a legal tax structure like this.
As a savvy investor, you want to milk the IRS code for every last drop of tax advantage you can squeeze out of it.
That’s what the ultra-wealthy do.
Sure, you need to seek out correct information and qualified advice to use an IRA this way.
But once you are empowered with the knowledge, then USE that to your advantage.
Here’s the bottom line: not many financial advisors know how to “free” your IRA so you can use the money right now to make all the different kinds of investments listed earlier.
Investments that have huge, safe returns.
If you call your current brokerage or financial firm and ask about it, you will likely get the same advice Lee did – that it’s too risky, or worse yet – that it’s illegal.
So if your current financial advisor’s can’t … or won’t help you, you need to find someone else who understands the issues.
If you have an IRA, don’t delay another minute. Get the book today and get your money out of IRA jail.