Directed IRA Podcast

In this episode, Mat Sorensen and Mark J Kohler discuss the looming crisis of Social Security running out and provide essential strategies for planning ahead. Learn how self-directing your IRA or 401k can serve as a powerful tool to safeguard your financial future amidst the potential loss of Social Security. Don't miss this crucial conversation on securing your retirement and maximizing your wealth-building opportunities. Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

At Directed IRA, we've witnessed individuals harnessing Self-Directed IRAs for unique investments. The possibilities are endless, from buying cattle to acquiring Mexican soccer teams and even investing in racehorses. With a Self-Directed retirement account, you can explore many investment opportunities. Have a question? Comment, and we'll address it in our upcoming webinar! ---- Interested in a Self Directed IRA? Schedule a New Account Call Today: https://directedira.com/appointment/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat/ Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

In this exclusive live audience podcast, recorded at the Self-Directed IRA Summit, @MarkJKohler and I talk about how powerful the tool of self-directing is. Joined by seasoned self-directed investors John Shekachi and Dr. David Anderson, talking about REAL DEALS, making REAL MONEY. Ask Mat: https://matsorensen.com/ask-mat/ Want to get in touch with Mark? Visit his site... https://markjkohler.com Ready to become a tax pro? Join Marks Main Street Business Tax Pros- https://markjkohler.com/the-main-street-tax-pro-certification/ Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

In this episode Mark and I discuss how, Inheriting a retirement account can be overwhelming. Learn the options available for spouses and non-spouse beneficiaries, and discover how to make the most of your inheritance. Find out about the spousal rollover, investment strategies, and the importance of consulting professionals. Navigate the complexities of inherited IRAs with confidence. Don't forget to grab your tickets for the Self-Directed IRA Summit here! Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

In this episode, Mat and Mark emphasize the importance of proper beneficiary designations for your retirement accounts. They highlight a critical story that illustrates the significance of updating your beneficiary information, emphasizing that even if you have a will or a trust, your beneficiary designation form trumps all. Don't forget to grab your tickets for the Self-Directed IRA Summit here! Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

Join us as we explore the essential guidelines and strategies for gauging your retirement savings progress. Learn about setting clear financial goals, understanding the 4% rule, and supercharging your savings through strategic planning. We'll get into investment strategies and provide age-specific savings targets to help you achieve financial security in your golden years. Tune in to take control of your financial future Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

On this weeks Open Forum Live Webinar we talk about the basics of Self-Directing! From navigating prohibited transactions to maximizing retirement contributions, we cover it all. Learn about correction procedures, compliance protocols, and strategies for safeguarding your financial future. Have questions or need further guidance on self-directing your IRA? Reach out to my company Directed IRA, and our team of experts will provide personalized assistance tailored to your needs. Subscribe now and take control of your Retirement! Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

In this webinar, Mat Sorensen, CEO, and Aaron Halderman, COO of Directed IRA discuss everything you need to know about Solo 401(k)s We cover the following topics: -New Roth Rules for 2024 and Beyond -Contributing 10 times more annually than an IRA -Understanding the necessity of an LLC for a Solo 401(k) -Qualification criteria -Avoiding common mistakes -Exploring the increased contribution limits for 2023 ($66k) and 2024 -Answering your questions Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

Join us as we explore the various assets your Self Directed IRA can own, from real estate to private funds and crypto. Discover the benefits and considerations of investing in different assets with your retirement account. As tax and business lawyers, we provide insights into what makes a good investment for your IRA and share examples to help you navigate your investment journey. Key Topics Covered: - Exploring alternative assets for IRAs - Benefits of using IRAs for real estate investment - Understanding the asset options for IRAs - Tips for maximizing returns with self-directed IRAs - Considerations when choosing IRA investments - Insights from tax and business lawyers on IRA investments - Diversifying beyond traditional IRA assets - Strategies for building wealth for retirement with IRAs - Navigating the investment journey with IRAs - Examples and case studies of successful IRA investments Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

In this episode of the Directed IRA Podcast, Mark and Mat get into the resurgence of interest in cryptocurrency investing. From Bitcoin hitting new highs to the SEC's approval of ETFs, the crypto landscape is evolving. Key Topics Covered: - Breaking down the process of buying and investing in crypto through IRAs and 401(k)s. - The significance of ETF approval and the involvement of major financial players. - Exploring the growing interest in various cryptocurrencies beyond Bitcoin. - Understanding the $33 trillion in U.S. retirement accounts and diversifying investment options. Why Consider Crypto in Your Retirement Account? With over 50 cryptocurrencies available, learn how to move beyond traditional assets and explore new investment opportunities. Discover the benefits of tax-advantaged strategies, especially using Roth IRAs for potential tax-free gains. Taking Action: Setting Up Your Crypto IRA Get practical insights into initiating the process, transferring accounts, and setting up a dedicated crypto IRA. Mat and Mark share the simplicity of working with Gemini, a trusted platform for crypto trading within your retirement account at Directed IRA. To learn more click this link! https://directedira.com/cryptocurrency/ Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

Our COO Aaron Halderman and I discuss transforming old employer 401k into a Self Directed IRA or 401K, navigating the intricacies of health and education savings, and choosing the right path between Roth and Traditional IRAs. Whether you're looking to use existing retirement account money or start fresh with new contributions, we've got you covered. Join us as we break down the rules, discuss pain points, and provide practical steps to empower you to take control of your retirement. At Directed IRA, we assist clients in setting up 30-40 new accounts daily, and our goal is to make you experts in managing your financial future. Subscribe now for expert insights and success stories! Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

In this episode of the Directed IRA Podcast, Mark and I discuss turning your old employer's 401(k) into a million-dollar powerhouse. Learn how to escape the clutches of Wall Street, avoid high fees, and unlock the true potential of your retirement funds. Discover the Rule of 72 and how your money can double every six years, tax-free. Join the conversation on self-directed IRAs, alternative assets, and the path to financial freedom. Don't miss out on this episode – take control of your retirement and start building wealth today! Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

Mat and Mark discuss crucial deadlines for Roth conversions, clarifying the 2023 tax implications and compliance requirements for various LLC-owned retirement accounts. Alongside holiday banter and a touch of festive attire. Discover answers to your pressing questions on self-directed retirement accounts, cost segregation strategies, and the nuances of Solo 401(k) contributions. Uncover insights into VRBO taxes, multifamily and Single Family home purchases, and how to create Tax-Free Real Estate Investments. Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

Welcome to the Direct IRA Podcast! In this episode, we're getting into the ins and outs of Solo 401(k)s – the top self-directed account for the self-employed. Join Mat Sorensen and Nate Hare as they tear apart the complexities of contribution rules, deadlines, and benefits associated with Solo 401(k)s. ⏱️ Timestamps: 00:00:09:00 - Explaining 401(k) Contributions 00:00:43:15 - Solo 401(k) Explained: The Best Retirement Plan? 00:01:07:14 - Dive into Contribution Rules & Deadlines 00:03:31:14 - Setting Up a Solo 401(k) by Year End Importance 00:05:33:05 - Crucial Considerations for S Corporations 00:07:24:15 - Contribution Limits for 2023 & 2024 00:09:04:01 - Advantages of S Corporations in Solo 401(k) Contributions 🔍 Exploring Employee & Employer Contributions: - Understand the significance of making 401(k) contributions – both employee and employer segments. - Clarifying 2023 deadlines and the criticality of setting up Solo 401(k)s by year-end. - Contributions in S Corporations – decoding the complexities of W-2 and planning considerations. - Detailed breakdowns of 2023 and 2024 contribution limits and potential strategies for maximum contributions. Unlock the Potential: The wealth-building capabilities of Solo 401(k)s, especially for small business owners, real estate investors, and those with no employees. Get insights into contribution strategies, nuances, and the impact on retirement savings. Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

Explore IRA investments in precious metals like gold, silver, platinum, palladium, and cryptocurrencies such as Bitcoin, Ethereum, and more! Join us as we get right into the rules, qualifications, storage, and processes involved in investing your IRA in these alternative assets. Discover the distinctions between owning Crypto assets directly versus through funds, and learn about different methods, including a dedicated crypto IRA or setting up an LLC for diversified options. We simplify the complexities, offer insights, and discuss our preferred platform, Gemini, ensuring a secure and regulated approach to managing your Crypto IRA. Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

Welcome to this week's Directed IRA Special Podcast Episode! Today, we had the opportunity to speak with Chris Loeffler, the CEO of Caliber Wealth. Listen as Chris explains the story of Caliber—a journey from a private small business to a thriving publicly traded company managing Alternative Assets. Join us as Chris shares insights into Caliber's evolution, the real estate market's current landscape, and valuable lessons learned along the way. Whether you're an investor, entrepreneur, or real estate enthusiast, this episode is packed with wisdom. Subscribe, hit the like button, and let's take control of our financial future. For more information on Chris and Caliber Wealth, check the links below! To download a copy of the slides used in this presentation, click the link below! https://drive.google.com/file/d/1518oD2pBjn9tAVN5v5MAS7CE5oFNWtE7/view?usp=sharing More about Caliber Company and where to find them! Website: https://www.caliberco.com Education: https://www.caliberco.com/learn Stock Profile: CaliberCos NASDAQ: CWD Investor Relations Tamara Gonzalez, Financial Profiles Tgonzalez@finprofiles.Com How to get in contact with Chris - Chris Loeffler, CEO Chris.Loeffler@CaliberCo.Com Schedule a Free 15-minute new account phone appointment to get started with your Self-Directed journey: https://directedira.com/appointment To submit your questions, listen, search for prior episodes, or sign up for their Weekly Free Newsletter, visit https://directedira.com/podcast Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

Roth IRAs can be established and funded for high-income earners by using what is known as the “back door” Roth IRA contribution method. Many high-income earners believe that they can’t contribute to a Roth IRA because they make too much money and/or because they participate in a company 401k plan. Fortunately, this thinking is wrong. While direct contributions to a Roth IRA are limited to taxpayers with income in excess of $146,000 ($223,000 for married taxpayers, 2024), those whose income exceeds these amounts may make annual contributions to a non-deductible traditional IRA and then convert those amounts over to a Roth IRA. Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen

Mat and our Executive Director Nate discuss the intricacies of Roth conversions and contributions, addressing questions related to traditional IRA to Roth IRA conversions, the nuances of the five-year rule, considerations for investment opportunities, and rules governing multi-member IRA LLCs. They delve into scenarios where IRA contributions aren't tax-deductible due to high income and touch upon backdoor Roth IRA strategies. Learn how to take control of your retirement - https://directedira.com/ Self-directed IRA Podcast - https://matsorensen.com/podcast/ Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/ ---- Being a Tax Advisor is a lucrative opportunity...Learn more about Marks Main Street Tax Pros here: https://markjkohler.com/the-main-street-tax-pro-certification/ ---- Ask Mat: https://matsorensen.com/ask-mat ---- Connect with Mat online: Instagram: https://www.instagram.com/matsorensen/ Facebook: https://www.facebook.com/mat.sorensen.1 LinkedIn: https://www.linkedin.com/in/matsorensen/ Twitter: https://twitter.com/matsorensen YouTube: https://www.youtube.com/@MatSorensen