Get Your Hands Off My IRA - with John Hyre Episode 1077
This is one of the most important episodes I\u2019ve ever done. If we don\u2019t act now, we are in trouble! John Hyre came on the podcast to discuss big and destructive changes coming to tax legislation for our IRAs.
Self-directed IRAs are Individual Retirement Accounts, and if you invest correctly, the income from these accounts are Tax Free. These self-directed IRAs however, are under attack. The government wants to completely change the rules and detract from the purpose they serve, forcing people from Main Street to Wall Street.
What if you don\u2019t have an IRA? Well, I guarantee you know someone who does or you do business with someone who does. Even if you are not directly affected, you have an indirect dog in the fight and you will feel the impact. This is going to hurt property investments, crowdfunding, partnerships, and more,
John Hyre is an excellent lawyer and really breaks down what's going on from the Tax Language to plain English so we can all really understand. He is doing the work to save us from this legislation, and now he\u2019s urging you to go make some noise. He has set up great information and resources, including a scripted letter for your representatives. Go to HandsOffMyIRA.com to get involved!
What\u2019s Inside:
\u2014What is a self-directed IRA?
\u2014How do the new laws surrounding IRAs affect you?
\u2014How to make noise to stop this legislation.
\u2014The letter format to reach representatives.
\u2014Tax Language vs English, IRAs explained.