SDIRA TV Offers Irma Victims Insight On Using 401k Money To Recover

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Retirement investment educators provide insights on using 401k savings after the storms

President Trump looking at the charted course for Hurricane Irma

Web-based SDIRA TV channel offers key knowledge from financial experts on using savings in 401k and IRAs to rebuild and recover from recent hurricanes Harvey and Irma. The channel has just released new video interviews with retirement investing specialists, and a must read side-by-side comparison guide to 401ks and IRAs.

Chief financial analyst for Bank Rate, Greg McBride, came out on Fox on September 5th, 2017 to warn that tapping cash from 401ks should only be a last resort due to the high taxes that could be involved. This could be true for many who are currently out of work and are waiting on insurance claims. Yet, a panel of advisors from SDIRA.TV also note that there are many ways to rollover these funds to invest and rebuild their finances, without penalties. This also includes the Solo k, which may provide penalty free loans to business owners and the self-employed.

In addition to the new side by side comparison resource to evaluate retirement account options, individuals will also find the site offers a substantial lineup of experts; including leaders from MJS Think Tank, URS Capital Partners, Specialized IRA Services, and Growth Equity Group, as well as leading finance professionals like Chase Thompson.

Some residents of Southern Texas, Florida, Georgia, and South Carolina, as well as those with investments there, may have little choice but to access from of their retirement funds to stay afloat and cover the immediate cash crunch. However, there may be smarter ways to do it, without incurring double digit tax penalties. For others it may just be a need to find more profitable and safer investments to put their retirement funds into.

Find out more about your options and access these critical and tax saving resources at SDIRA.TV.

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Cynthia Faulkner
since: 08/2017
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