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Unlocking Investment Opportunities: Converting Past Employment Retirement Funds to Self-Directed IRA and Solo 401(k)
Introduction: Saving for retirement is a crucial aspect of financial planning, and traditional retirement accounts such as 401(k) and Traditional IRA have been popular choices. However, many individuals are now exploring the option of self-directed retirement accounts to diversify their investment portfolio. In this article, we will delve into the process of converting past employment retirement funds into a self-directed IRA and a solo 401(k) to explore investment opportunities in alternate assets, particularly real estate syndications.
Understanding Self-Directed IRA and Solo 401(k): A self-directed Individual Retirement Account (IRA) and a solo 401(k) are powerful tools that allow individuals to take greater control over their retirement investments. Unlike traditional retirement accounts, these self-directed options enable investment in a broader range of assets beyond stocks, bonds, and mutual funds.
Step 1: Assess Your Eligibility Before initiating the conversion process, it's...
Self Storage: Recession Resistant Real Estate Asset
Majestic investment group currently has 9 self storage facilities in its portfolio 4 in Texas 2 in Missouri and 3 in Arkansas. Self storage is known as #1 recession resistant asset class.
| Self Storage Website | Location ( City State) | Storage Type |
| Columbia Missouri | Self Storage | |
| Orange Texas | Self Storage | RV | Boat | |
| Midway Missouri | Self Storage | |
| Palmer Texas | Self Storage | RV | Boat | |
| Galena Park Texas | Self Storage | Apartment | Office | |
| Pearland Texas | Self Storage | RV | Boat | |
| Berryville Arkansas | Self Storage | |
| Farmington Arkansas | Self Storage | RV | Boat | |
| Prairie Grove Arkansas | Self Storage | RV | Boat |
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