What Is An IRA & How You Can Use It For Unlimited Tax Free Income (IRAs Part 1)

by | Nov 18, 2022 | Simple IRA




What is an IRA? Most people think an IRA stands for Individual retirement account, but those people are wrong!
An IRA is actually a individual retirement arrangement.

That key word arrangement makes a huge different because you are in a since arranging with the IRS how you would like to be taxed upon your assets in retirement.
If done properly an IRA is an amazing vehicle that can be used for limitless tax free income. Sure you can treat it like an investment account and load up on stocks bonds etfs and so on, but if your a savvy investor like my self you could also use your IRA to own property such as rental homes, then all the rent you receive over the years is tax free as well as the profits of selling the property in the future!

Using a ROTH IRA this way can be crucial for a well planned retirement strategy that can generate limitless tax free income.

What I Use for Investing:

What I Use for Budgeting:

If you want help setting up a portfolio service, a budget, or just want recommendations on what to do in a certain situation; feel free to comment or message me using one of the links bellow!
@InvestwithWesley (FB)
@InvestwithWesley (IG)…(read more)


LEARN MORE ABOUT: IRA Accounts

CONVERTING IRA TO GOLD: Gold IRA Account

CONVERTING IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA


See also  How Reinvesting Can Help You Avoid Capital Gains Taxes | Tax Tuesday #165
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