Edwin Kelly is the owner of Specialized IRA Services. He helps investors leverage their self-directed tax-advantaged accounts so that they can successfully grow their retirement fund, family legacy, and business. In this week’s episode, Edwin explains how you can build wealth in a tax-free environment and how you can get smarter about your retirement even when it’s ‘too late.’
- Edwin is an expert when it comes to leveraging self-directed IRAs.
- Who is Edwin and how did he get started in this field?
- What are self-directed accounts?
- Edwin explains the type of tax protection and asset protection you can have through a self-directed account.
- What are the different types of self-directed accounts you can choose from?
- Who would not benefit from something like this?
- How can you get started?
- Edwin shares a case study of how a typical transaction would play out.
- How can you fund your child’s education with a self-directed account?
- Feel like you’ve missed the boat when it comes to saving for your retirement?
- You can easily start your self-directed account now.
- When doing deals in a self-directed account, how do you pay your team after a wholesale transaction has been made?
- What advice would Edwin give to his younger self?
Mentioned in This Episode:
Connect with Edwin & his team: Specializediraservices.com
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“The two high-level benefits of a self-directed account are tax protection and asset protection.”
“It is not uncommon for somebody to build their retirement in 7-10 years and be out.”
“The idea is to get started if you don’t already have a self-directed account.”
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