The CARES Act and how it just gave you a couple hundred
grand...maybe millions.
Section 2022 allows you to take a Disbursement up to $100k out
of your 401k, TSP, IRA, or any other qualified plan and either keep
it (pay taxes over 3 years) or roll it over into a self directed
plan like an eQRP® Boom!
Section 2022 also allows you to borrow up to $100k from your
401k's, make no payments for a year and then pay it back over
5.
Lastly the NOL, net operating losses in 2019 and 2020 can be
applied backwards so you can get a tax refund from 2014-2018 with
an amended return...more on that
Lastly, the opportunities are coming and will be some of the
biggest of our lives in the next 2 years. Time to get ready is
NOW.
About the Podcast
Financial Reinvention - transformational ideas and people on the edge, sharing ways to move into Permanent Financial Freedom.
Weekly Interviews with the Top Thought Leaders, Best Selling Authors and Change Agents leading the conversations to create permanent financial freedom.
Deep inside the world of high level investing, financial transformation and ultimate freedom.