There is one issue with your comment regarding compounding interest in the tax-deferred status and that is if taxes increase in the future and the funds are in a tax-deferred instrument like an IRA then this could prove to be problematic vs the ROTH IRA which would be a tax-free instrument. You should make this distinction so people can make the adjustment and do a ROTH conversion and pay taxes today while they are low and insulate their money from the future. (that is if you think taxes are going to increase in the future, right?) The importance of leveraging a TAX FREE TOOL!
Matis B Lamont thank for introducing me to this information
Our management company shows they sent net proceeds to my IRA BUT the proceeds haven’t shown deposited and it’s been over 6 months! What happened?!
In the example, if we are using $100,000, does that mean I must have my SDIRA funded with at least $100,000?
There is one issue with your comment regarding compounding interest in the tax-deferred status and that is if taxes increase in the future and the funds are in a tax-deferred instrument like an IRA then this could prove to be problematic vs the ROTH IRA which would be a tax-free instrument. You should make this distinction so people can make the adjustment and do a ROTH conversion and pay taxes today while they are low and insulate their money from the future. (that is if you think taxes are going to increase in the future, right?) The importance of leveraging a TAX FREE TOOL!