401k: Real Estate IRA-Take Full Advantage of the Current Economic Cycle
- 12/04/09 06:24 AM
Are stock market woes preventing you from building wealth in your retirement account? If so, you might be interested in a small, but growing, trend among individual retirement account owners-investing their retirement funds in real estate.How It WorksIf the option of using tax-deferred funds to purchase property sounds appealing, you'll need to locate an independent IRA custodian that allows real estate investments and work with that company to set up an IRA account. Most banks and brokerage companies-the most common IRA account options-limit your choices to certificates of deposit, stocks, mutual funds, annuities, and similar financial instruments. But Section 408 of … (0 comments)
Are stock market woes preventing you from building wealth in your retirement account? If so, you might be interested in a small, but growing, trend among individual retirement account owners-investing their retirement funds in real estate.How It WorksIf the option of using tax-deferred funds to purchase property sounds appealing, you'll need to locate an independent IRA custodian that allows real estate investments and work with that company to set up an IRA account. Most banks and brokerage companies-the most common IRA account options-limit your choices to certificates of deposit, stocks, mutual funds, annuities, and similar financial instruments. But Section 408 of … (0 comments)
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