Allow me to comment on this
Interview on Using Retirement Funds to Buy a Franchise By: Mr. Blue MauMau (15 replies) Wed, 2006/06/07 - 00:20
- Et tu MauMau? By: Paul Steinberg (2007-09-06 17:42)
- Allow me to comment on this By: FuwaFuwaUsagi (2007-09-14 23:53)
- It's all legal? By: RichardSolomon (2008-01-04 16:59)
- YOUR KIDDING By: (2008-01-08 16:57)
- ZORS are after retirement funds ---401's and 403's By: (2007-09-13 15:54)
- Exploitation of loophole By: Paul Steinberg (2007-10-05 23:40)
- 401k note By: Paul Steinberg (2007-09-14 17:55)
- government intervention and home equity debt service By: (2007-12-20 23:45)
- don't say that... By: FuwaFuwaUsagi (2007-12-21 01:56)
- Eliminating Junk Franchises By: michael webster (2007-12-21 08:08)
- What on earth are "YOU" talking about By: (2008-01-04 16:53)
- Alo? Salut! Sunt eu, un haiduc... By: FuwaFuwaUsagi (2008-01-05 01:16)
- Fill your boots By: (2008-01-04 20:15)
- Arm your mind... By: Truth in Franchising (2008-01-04 20:56)
- Deceit & Virtue By: (2008-01-05 03:27)
- Arm your mind... By: Truth in Franchising (2008-01-04 20:56)
- What on earth are "YOU" talking about By: (2008-01-04 16:53)
Allow me to comment on this
Allow me to comment on this as a financial professional:
This EXPOTATION of a LOOPHOLE is ENTIRELY in contrast with the spirit and intention of the provisions of retirement law - period.
And anyone suggesting this is appropriate is irresponsible - period. If you have any doubt as to my words read the record that is attributed to the debates that eventually allowed people to "tap" their ROTH IRAs for first time home purchase. William Roth jr (the Senator for whom the ROTH IRA is named) would roll over in his grave.
FuwaFuwaUsagi
"Never underestimate the power of stupid people in large numbers."