Minimizing Taxes in your Retirement Plan

By Tim Berry, Esq.

Minimize Tax

We at CheckBook IRA want to wish all of you a very Happy Thanksgiving and hoping that you surround yourself with family or loved ones. This is the time of year when we take stock in our investment performance and pat ourselves on the back or give ourselves a kick in the pants.

Retirement accounts are becoming a major source of security for our financial future and because of this more people want to take as much control as possible over these accounts. That is where we come in. You have as much control as you want, but you can enlist the help of a professional advisor whenever you so desire.

I asked one of our very successful affiliates what they tell their clients to help them secure financial security:

  1. Stay true to your goals.If you’re invested for the long term, don’t sell off at the first sign of a downturn—maybe that’s the time to invest more.
  1. Realize what is fake news and what is real news.Too often, people read articles on the Internet written by fear mongers who have sold an investment short and are trying to drive price down. In other words, vet your source or sources of information.
  1. Invest in what you know.If you’re going to invest in Bitcoin, become a student of cryptocurrency. Don’t be afraid to look at your past career to see how you can invest in your expertise.
  1. Don’t be afraid to use a financial advisor.Good advisers relish the thought of their clients using checkbook-controlled retirement accounts, for it leads to all kinds of alternative investments and helps them show their value to the client. They can also help shuffle through the fake news and suspect investments.
  1. Invest with a worst-case scenario – WHAT IS THE WORST THAT CAN HAPPEN.That is one of the reasons I like real estate, for if everything goes into a kerfuffle, I always will have some place to live in or a income producing rental. I have enough stock certificates that are only good for starting a campfire.

We don’t invest to lose money, but to build our financial future and the best way to do that is to have a complete plan. Remember that the greater reward the greater risk.

All in all, the above are a few nuggets that I hope you can use.

Finally, we would like to wish you and your family a very joyous and profitable holiday season.


Contact Us

Name *

Email *


How can we help? *


  1. Dorothy

    Are you saying that I can purchase a house directly from my 401k. Because I was told to take the money out of the 401k and put it in a self directed IRA. But, I cannot find a bank here in San Antonio that will let me open up such an account.
    I’m really interested in buying deeds, so is this something I can do with the 401k. I don’t want to flip, and I don’t want to do liens. I would rather buy deeds and then sell them. Is this feasible with e the 401k directly or is there any other way to do this.

    • Jordan Sheppherd

      Hi Dorothy,

      No this article isn’t talking about buying a house from your own 401(k); that would be self-dealing.

      Its talking about using a C-Corp as a strategy to lower taxes on an IRA or 401(k) investment that triggers UBIT. That wouldn’t apply to the deeds you’re wanting to purchase, so you can ignore what’s in this article for what you’re wanting to do.

      You can buy and sell deeds using an IRA LLC or a Solo 401(k). The Solo 401(k) is always a better option, if you can qualify for it. We’re happy to chat with you to see which structure would be the best for your situation.