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62: Self Directed Retirement Accounts are Changing with Damion Lupo
Manage episode 319878978 series 2879255
For the full audio interview, transcript, show notes and more visit: https://altassetallocation.com/
Today's interview is with Damion Lupo Most of our listeners will know what a 401K and IRA are. If you're interested in alternative investments, you've likely been frustrated that they're hard to own in a retirement account. Maybe this led you to a self-directed IRA.
Well, Congress has proposed changes to the laws governing IRAs as part of their $3.5 trillion reconciliation package. In its current form, their proposal would prohibit IRAs from investing in most alternative assets. All accounts holding these assets would need to liquidate them by the end of 2023. These changes, if enacted into law, would have a direct negative impact on your ability to self-direct your IRA!
Damion goes over what's changing and some potential moves you can make to keep investing in alternative investments in your retirement account.
Damion Lupo on Retirement accounts, Enjoy!
--- Support this podcast: https://podcasters.spotify.com/pod/show/investinalts/support96 つのエピソード
Manage episode 319878978 series 2879255
For the full audio interview, transcript, show notes and more visit: https://altassetallocation.com/
Today's interview is with Damion Lupo Most of our listeners will know what a 401K and IRA are. If you're interested in alternative investments, you've likely been frustrated that they're hard to own in a retirement account. Maybe this led you to a self-directed IRA.
Well, Congress has proposed changes to the laws governing IRAs as part of their $3.5 trillion reconciliation package. In its current form, their proposal would prohibit IRAs from investing in most alternative assets. All accounts holding these assets would need to liquidate them by the end of 2023. These changes, if enacted into law, would have a direct negative impact on your ability to self-direct your IRA!
Damion goes over what's changing and some potential moves you can make to keep investing in alternative investments in your retirement account.
Damion Lupo on Retirement accounts, Enjoy!
--- Support this podcast: https://podcasters.spotify.com/pod/show/investinalts/support96 つのエピソード
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