Do you have money in an IRA and cannot invest it in the things you want? Would you like to get your funds out, but don't want to pay any tax or penalty?
It can be done, but you must follow the rules provided in a very important tax court case, Swanson. What must happen is that the funds are not withdrawn, but invested into a private company. It is a little tricky, and involves careful planning, but is completely legal. Once the funds are deposited into the new company, the IRA is just a shareholder. The individual can then direct the company. There are of course some rules to follow (aren't there always?), but it can be done. for more information, go to http:www.squireorg.com/ and click on the IRA Rescue Plan. Alexander J. Hay III, esq. ------------------------ Yahoo! Groups Sponsor --------------------~--> Make a clean sweep of pop-up ads. Yahoo! Companion Toolbar. Now with Pop-Up Blocker. Get it for free! http://us.click.yahoo.com/L5YrjA/eSIIAA/yQLSAA/iiEolB/TM --------------------------------------------------------------------~-> Apply for Commercial Real Estate loans online and submit your deal to dozens of hungry lenders in just minutes. Loan programs for all types of business and commercial real estate. Apply anytime at http://realestatezoo.com RealEstate Part of RealEstateZoo.Com ------------------------------------- Post message: [EMAIL PROTECTED] Subscribe: [EMAIL PROTECTED] Unsubscribe: [EMAIL PROTECTED] List owner: [EMAIL PROTECTED] Web Site: http://groups.yahoo.com/group/RealEstate Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/RealEstate/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
