Topic: Understanding Self-Directed IRAs
A self-directed Individual Retirement Account is an Individual Retirement Account (IRA),…which allows alternative investments for retirement savings. Some examples of these alternative investments are: real estate, private mortgages, private company stock, oil and gas limited partnerships, precious metals, horses, and intellectual property.
Self-directed IRAs are very commonly used by real estate investors. As a private lender, we work with them almost daily. Maybe you’ve heard real estate investors describe them with words like “amazing”, “very powerful”, “hard to believe”, or as our Note Coach Phil Drew says, “only in America!”.
Question: Would you rather pay your tax rate on the seeds you plant, or the crop those seeds produce?
Another question: Would you like to actually invest in local real estate deals of your choice with your IRA?
If you are interested in learning more about self-directed IRAs, this is the perfect opportunity.
For our April meetings, Carl and Ryan Fisher of CamaPlan Self-Directed IRA Company will be our guests.
Here is what you can expect:
Understanding Self-Directed IRAs
- What is self-direction
- What are the benefits
- The types of accounts you can self-direct
- The types of investments or accounts you can purchase
- A general overview of IRS rules and regulations
- What you need to get started
6:00 pm – 8:30 pm
- 6:00-6:30 – Networking & Food | Come enjoy Arena’s menu. Happy Hour is 3pm – 5pm with 1/2 price apps, $3 select drafts, $2 domestic bottles, $4 house wine. And Thursday night is First Responders’ Burger Night. Build your own 8 ounce ground beef burger with a side of French Fries and House Soda for just $9.99. Come hungry…Arena’s provides the room for free as long as we order food.
- 6:30-6:45 – Deals & Questions | Please help us start on time by being seated by 6:30.
- 6:45-8:30 – Meeting
Michele received her Bachelor of Science in Pharmacy from Duquesne University, her Master of Business Administration from the University of Phoenix, and her Doctor of Philosophy degree from Walden University in Public Policy and Administration with a Health Policy specialty. Her research explores the impact of comprehensive plans, zoning policies, and finance policies that promote or impede real estate developers’ decisions to build healthy communities.
She is a former student in the Rich Dad Coaching and Mentorship program. As a graduate of the Landmark Education Curriculum for Living, she is an experienced Self Expression and Leadership Coach. She has completed a wide variety of coursework through the Defense Acquisition University and Professional Military Education.
After 7 years of part time real estate ventures, Michele transitioned into full time real estate investing in January 2013 after a six year active duty military service call up. Although she is primarily based in Sussex County, she actively continues to build her power team in the Delaware market. She is experienced with private money brokering, wholesaling, rehabbing, creating partnerships, and marketing.
With over 30 years of pharmacy involvement, Michele’s primary practice area over the last 28 years has been in the natural, lifestyle, holistic medicine industry. She teaches Whole Food Plant Based Nutrition, is a Physicians Committee for Responsible Medicine (PCRM) Food for Life instructor, and a strong advocate for lifestyle/integrative medicine.
Michele retired from the Air Force Reserves in June, 2015, after more than 30 years of service. She has extensive experience in leadership, strategy, policy development and execution, and planning.