Gold IRA vs Solo 401k

Self Directed IRA

Pros:

  • IRAs can be self-directed
  • Can receive rollovers from any other “defined contribution” retirement account 

Cons:

  • Subject to heavy taxation when invested in real estate
  • Requires a middleman known as a “custodian” which adds unnecessary:
    • Processing time
    • Transaction and asset fees
    • Red tape bureaucracy 
  • It can take weeks to get access to your money
  • Limited to small annual contributions 
  • Can’t invest in alternative investments such as real estate, cryptocurrencies, tax liens, Pre-IPO, and Hedge Funds

Private Gold Solo 401k

Pros:

  • Incredibly simple setup
  • Exempt from taxation on debt-leveraged real estate
  • Absolutely no custodian required meaning no custodian or asset fees ever
  • Allow you to borrow up to $50,000 from account tax-free for any reason
  • Allows you to pool funds with other investors
  • Allows you to invest alternative investments such as real estate, cryptocurrencies, tax liens, Pre-IPO, and Hedge Funds
  • Much larger annual contributions
  • Rollover funds from almost any other retirement account

Cons:

  • Must be able to prove intent to generate income to IRS
  • Can’t have any W2 employees

IRA vs 401K Chart

Get Started Today!

Submit the form below for a FREE Consultation: