The Financial Success Institute's special report on the Real Estate IRA will make discerning investors take instant action.
Fairfax, VA (PRWEB) December 09, 2011
Richard Geller, CEO and managing director of the Financial Success Institute, announced the release of the final report by the expert panel studying the Real Estate IRA. Geller said, "As much media attention as the Real Estate IRA receives, we believed the Real Estate IRA would be the retirement vehicle of choice for our readers and subscribers."
Geller continued with, "By thinking outside the box, the Institute has again found a superior investment tool with the Real Estate 401K that almost all investors are missing out on. Thanks to the Real Estate IRA study, we are now informing our subscribers about the vastly exceptional benefits and advantages the Real Estate 401K offers over the Real Estate IRA and other retirement accounts."
The entire Financial Success Institute Expert Panel agrees one of the major financial advantages the Real Estate 401K has over the Real Estate IRA is the much larger tax-deferred annual contribution cap offered by the Real Estate 401K, compared to the Real Estate IRA. The Real Estate 401K cap maximum is an incredible $54,500 that investors can save tax-free every year. Compare that to the $6,000 maximum for the Real Estate IRA.
Geller went on to say, "The Real Estate IRA doesn't allow loans to the account owner. However, the Real Estate 401K allows loans up to $50,000. This can make a profound difference to an investor's immediate financial situation. The only way to finance a business startup or pay off crushing debt with a Real Estate IRA is by taking an early distribution that incurs fines and taxes. Taking a loan from the Real Estate 401K not only avoids fines and taxes, you pay the interest back to your own retirement account. These are only a few highlights from the Real Estate IRA study"
Geller also pointed out, "It's so critical the Real Estate IRA study findings be distributed immediately that the Institute simultaneously released an article detailing the Real Estate IRA Study findings on the Institute's website. There you'll find more information coming out of the Real Estate IRA study such as how passive or aggressive investing with a Real Estate IRA or 401K can be."
Geller added this cautionary statement, "As excited as we are with the conclusions reached from the Real Estate IRA study, we need to be careful the Real Estate 401K doesn't completely over shadow the Real Estate IRA. The Real Estate IRA has a place in the investment toolbox for some people. The Real Estate IRA may be the right vehicle for those not able to take advantage of the Real Estate 401K benefits and wanting an additional layer of scrutiny the third party custodian brings with the Real Estate IRA. However, the Real Estate IRA comes with additional costs for that layer of scrutiny."
According to Geller, "Both the Real Estate IRA and 401K are secured by real property that investors can see and touch. It's called a Real Estate IRA because it's 'real', it's built on soil that never goes away. This makes both the Real Estate IRA and 401K much more secure than the 0s and 1s Wall Street stores in a computer as evidence you own something you have no control over."
Geller concluded by saying, "The Financial Success Institute's special report on the Real Estate IRA will make discerning investors take instant action. It's so important the Institute has made it available for immediate release, not only on our website but to the media for broad distribution. We sincerely hope all investors become informed the power the Real Estate 401K brings to their financial future."