Talents and hobbies can pave the way to realizing entrepreneurial dreams.
Nellie Akalp, Forbes contributor, reports
on how baby boomers are using their golden years for entrepreneurship. It provides an opportunity to use years of wisdom, skills, and experience to pursue new endeavors, be their own boss, and even create a new stream of income.
You can potentially do the same thing with your self-directed IRA by using a lifetime of knowledge and abilities for the benefit of retirement savings. The IRS permits a range of investments in a self-directed IRA, including real estate, tax liens, and promissory notes.
Following the IRS rules and guidelines
along with performing due diligence for every asset is vitally important.
Take advantage of the education and resources in myEQUITY
and the Equity University bookstore
as you learn and grow your savings.