Question: Should I participate the company's 401K or should I contribute to IRA myself?
Answer: There are pros and cons in each one and need to be determined case by case.
In my other blog, I discussed in detail about the self directed IRA.
If you would like to make an appointment to discuss more, please give this office a call 415-704-8989 or email me at ymckee@virtualcpaforyou.com.
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Circular 230:The articles are for general information only. In accordance with IRS Circular 230 they are not considered tax opinions for purposes of relying on such statements in any challenge of the reporting of the above transaction by the IRS. If a full tax opinion is required certain procedures must be met . Also there is a significant cost for a full tax opinion to meet the requirements of Circular 230.