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Main Street Business

156: How to get Started with a Self Directed IRA

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4584 Ratings

🗓️ 11 August 2017

⏱️ 51 minutes

🧾️ Download transcript

Summary

Join Mark and Mat as they discuss the cutting edge strategy of self directing a retirement account. They will start with the basic steps and then blow your mind with some advance strategies and options, including your 401k, IRA, and even Health Savings Account. Invest is what you know best!! Help your IRA or retirement account make the investment returns you deserve!! More info at www.refreshyourwealth.com. Grab my eBook 30 Unique Strategies Every Business Owner Should Know! You do...

Transcript

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0:00.0

Broadcasting worldwide on Internet Radio.

0:07.0

Refreshing takes on legal strategies.

0:10.0

Straightforward answers to difficult tax questions.

0:13.0

Independent ideas on building wealth.

0:15.0

It's the Refresh Your Wealth Show with Mark Kohler and Matt Sorenson.

0:19.0

Get your free copy of Mark and Matt's ebooks and sign up for their weekly free newsletter

0:24.4

with important tax deadlines and articles at refresh your wealth.com.

0:28.7

Now, here's Mark and Matt.

0:34.4

Welcome everybody to Refresh Your Wealth this week with Mark Kohler and Matt Sorensen. Yes, no one's on vacation. It is true. Pauler, Matt Sorens, Matt, give him a little verbal verification as is you. Oh, my gosh. I'm so excited to be back. Really. And the radio show is really the only reason you came back. Yeah, that's the best part of being back in the office is I'm going to be on the radio show again. Yeah. Well, you know, Matt and I, we're type A movers and shakers. We get things done. And about three days after vacation with our family, we're clawing at the walls. You know, we're just like, let me out of here. And our wives are like, why do you want to go get on your computer?

1:13.8

Yeah.

1:28.3

Some people like miss their bed. I'm like, I miss my emails. We're sick and twisted. That's all there is to it. Well, for any of you that are new listeners, thank you so much for tuning in. We've got a great show today. Matt and I are both attorneys. I've got a little CPA twist behind my name and credentials. And we're going to talk taxes today. We've got

1:33.9

a great topic today. We're going to be talking about the, you know, getting started with the

1:39.1

self-directed IRA. This is a huge, huge topic in the industry of wealth building. And it's really something that Wall Street doesn't want you to know about.

1:48.4

So we're going to break it down, expose you to the hidden benefits of self-directing.

1:53.5

And I've got an amazing guest I'm going to be interviewing today, the one and only Matt Sorensen.

2:00.3

Yeah, of course, this is, you know, this is our show, so of course we're going to interview me.

2:05.2

Not just because it's, you know, I'm a co-host on this show, but maybe because I have the number one bestselling book in the industry.

2:13.0

I don't know, maybe.

2:14.9

Maybe.

2:15.2

And I have to do, give a disclaimer here.

2:17.0

We have some amazing guests join our show on a regular basis. Many of you have seen our iTunes podcast history. We have some great topics. But you know what? We don't take enough time on a regular basis to talk about self-directing the IRA in a basic, fundamental way for an entire show. And I even kind of twisted Matt's arm. And I said, let me interview you. Let's just talk about it. And tell me what's going on. We were in a staff meeting today, literally. And the amazing Matt Sorensen was throwing down some new rules. And all of the attorneys were sitting there going, huh, I didn't know that. I mean, that's what happens here inside the honeycomb right here the right here we're yeah

2:53.3

yeah it's it's uh it's top secret but we're gonna share some of that secret sauce with you guys

...

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