Protecting Your IRA – Part IV: Your Own Personal Tax Haven

An ordinary IRA requires you to be passive. You're not driving the bus, you're a passenger. An Open Opportunity IRA, on the other hand, lets you act. The IRA owns just one asset-a limited liability company (LLC). All the investing and earning happens inside the LLC. And you're in charge because you are the LLC's Manager. You make all the financial decisions; you don't need to wait on anyone's consent or approval; when you are ready to act, you act and you act immediately.


About SCrosnoe

I serve as a watchmen on the wall. In that effort, I have been a grassroots activist for over thirty years (first in Texas and now in Oklahoma). I am a conservative, limited government freedom lover. I am a co-founder of R3publicans or R3s –- we are Republicans working to Restore the Republic. I live in Bartlesville Oklahoma.
This entry was posted in Grassroots and tagged , , , , , , . Bookmark the permalink.