So what should I do with my money?
(speakingaboutnews.com)
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If we are getting to phase 6. What should I do with my pension and savings? I recently got fired and need to move my wealth from company owned plans to my own. Should I just cash out, pay the tax and buy metals?
I was just going to transfer my wealth to my credit union and keep it tax sheltered but sounds like a bad idea.
Talk to a financial advisor. You can transfer assets from your 401K to an IRRA (non-employer IRA) and buy whatever you want - you can buy stocks, bonds, metals, real estate all under the tax free structure. Had I known about this years ago I would have bought retirement property within my IRRA. You cannot physically use the property while tax shielded - it has to be an investment, e.g. rental, Air-BNB, etc. But as soon as you want to use the property you transfer it out of your IRRA and it's yours.
That’s a good idea! Thank you.