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Oct 6 •
👉 How People Are Using Their 401(k)s to Start Businesses (Without Taxes or Penalties)
Most people think their 401(k) is locked up until retirement.The truth? You can legally use it to start or buy a business—without paying taxes or penalties. I put together a short guide that breaks down exactly how it works and what to watch out for. Inside you’ll learn: ✅ How the structure actually works ✅ What kind of company setup the IRS requires ✅ The step-by-step funding process ✅ Common mistakes that trigger penalties ✅ A simple checklist so you can move forward confidently If you’ve ever thought about using your retirement funds to build your own dream instead of someone else’s, this will open your eyes to what’s possible. Download the ROBS Starter Guide Not sure if you’re ready to start a business but want more control over your investments? 👉 Check out the SDIRA Starter Toolkit to see how people use their retirement funds to invest in real estate or lending instead of Wall Street.
Pinned
Aug 24 •
Welcome to The Self-Directed Network
Welcome! Start Here 👋 Let’s break the ice. In the comments, copy and paste this and fill it in: 1. My name is ________ 2. My favorite food is ________ 3. Here’s a picture of my workspace (or a quick description if you’d rather)
2d •
Required Minimum Distributions
I came across a question in one of the facebook SDIRA groups about required minimum distributions (RMDs) and non-liquid assets. For those of you who don't know, when you get to a certain age (73), you're required to take distributions from your retirement account. The question was about how to take RMDs if all you hold are non-liquid assets like real estate. This was the answer: You can have an asset valued and then distribute a portion of the asset at a time to the owner. The asset doesn't have to be liquidated. They would need to consult with legal to structure the ownership changes considering the asset is going from being owned directly by the IRA and now a portion being owned by the individual owner and IRA until fully distributed. Or they can distribute from other retirement accounts that they have in cash or that are easier to liquidate to meet the year's RMD
16d •
Beats Solo Buds
Hi All, I have brand new in box Beats Solo Buds I'd like to give away. I prefer the regular, wired iphone headphones from years ago, because I'm boring like that. I'd like to give away the headphones to someone in this group. If you're interested, please let me know. I'll put your name into a drawing. Thank you!
7d •
Laid off? Burned out? Or just done trading time for a “safe paycheck”?
Laid off? Burned out? Or just done trading time for a “safe paycheck”? Kerry Komarov shows how a teacher’s skill set can power a calm, profitable solo business. What you’ll learn: • How Kerry pivoted from middle school teacher to entrepreneur • Turning classroom skills into content marketing clients and cash flow • A practical bridge plan (part-time work, networking, boundaries) to leave a W-2 • Mindset upgrades: self-worth, saying no, and defining success (not chasing 7 figures) • Where 401k, self-directed IRA, or ROBS can fit into an entrepreneurship path toward financial freedom Guest: Kerry Komarov — former 7th/8th grade reading teacher turned content strategist helping small businesses show up consistently with newsletters, blogs, and social content. 🔗 Connect with Kerry: https://kerrykomarovllc.my.canva.site/ https://www.facebook.com/kerry.komarov/
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This is for W2 earners who want more time, more control, and a path to freedom that doesn’t require blowing up their life to get it
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