Friday, November 1, 2024

Top 4 IRA Mistakes to Avoid | SDIRA | Equity Trust

Don’t make another IRA investment until you watch this video. Director of Education John Bowens reveals the top 4 IRA mistakes he’s seen investors make, and guidelines to keep in mind so you can avoid repeating these errors. Read more about IRA myths on our website here: https://eqtytrst.co/IRA-Myths-Debunked Timestamps: 0:02 - Introduction to Common IRA Mistakes 0:34 - Mistake #1: Misunderstanding Self-Directed IRA Structure 1:40 - Investing Options with a Self-Directed IRA 2:54 - Mistake #2: Misinterpreting the “Once a Year” Rollover Rule 4:00 - Flexible Direct Transfers Without Limits 5:02 - Mistake #3: Assuming an LLC is Required 6:00 - IRA LLC Structure Explained 7:04 - Mistake #4: Living in or Using IRA-Owned Property 8:29 - Disqualified Persons and Prohibited Transactions 9:41 - Final Thoughts and Free Guide Reimagine Your Retirement with Equity Trust: https://eqtytrst.co/homepage Connect with us on social media! ⭐ LinkedIn: https://eqtytrst.co/linkedin ⭐ Facebook: https://eqtytrst.co/facebook ⭐ Instagram: https://eqtytrst.co/instagram ⭐ Twitter/X: https://eqtytrst.co/twitter ⭐ TikTok: https://eqtytrst.co/tiktok ⭐ Reddit: https://eqtytrst.co/reddit