Fully funding your Roth IRA

[SelfDirect]

Fully funding your Roth IRA is one of the best Ideas you could act on. But what do you mean by fully funding. A straight Roth IRA has a limit just like a regular IRA that is pretty small considering your eventual financial need once you retire. And heaven help if you want to retiire early or exceptionally early like say 45-50. Which you can do using the 72(t) Early Distribution Rule without penalty. So in order to maximize a Roth IRA savings plan I suggest that you start your own corporation with its own retirement plan in which you can set up a Roth 401k. This plan will allow for employee (you) contributions, employer matching contributions (you) and profit sharing contributions which can amount up to $44,000 per year. If this is set up in a self directed account then you would not need to stick to traditional investments like stocks, bonds, or mutual funds. You could invest in Real Estate, businesses, and any number of other non-traditional investments.