The self directed 401k sponsored by a C-Corp. is a product that is designed to help you fund a new business or existing business with retirement funds. This model allows you the CEO of the company to determine if and how much of the corporation should be with 401k dollars.
This model must utilize a C-Corp. structure to maintain compliance for this purpose. No other structure has the ability to issue shares and maintain compliance with the IRS code. For example, retirement funds are prohibited to invest in Sub Chapter S corps even though they offer shares.
At Asset Exchange Strategies, LLC we have had conversations with potential self-directed IRA clients many thousands of times and the myths continue to live on after 20 years in the business. Some things like Sasquatch or area 51 seem to perpetuate in people’s minds without any substantial evidence the concept is correct or myth. Let’s […]
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