Are you considering a self-directed 401K? 🚫 NEVER Do This With Your Self-Directed 401K! In this video, we dive deep into the dos and don'ts of managing your solo 401K to maximize its benefits while avoiding costly mistakes.

Self-directed 401Ks are incredibly powerful tools for business owners, allowing you to invest up to $69,000 and receive a significant tax deduction. But there's a catch: improper structuring can lead to serious pitfalls. Learn how to properly set up your self-directed 401K, why having no full-time employees is crucial, and the potential consequences of borrowing against your account.

By understanding the fine print and structuring your businesses correctly, you can unlock the full potential of self-directed 401Ks. Don't miss out on these critical insights that can transform your financial future!

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#401KInvesting #RetirementPlanning #Solo401KSetup #401KTips #401KBorrowing

CHAPTERS:
0:00 - How to Maximize Your 401k
0:53 - What is a Solo 401k
3:50 - Why Structure Matters

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