LLC-IRA Can Help Small-Biz Owners Protect Assets
Oct 28, 2004
/
By Elaine Floyd, CFP ®
Small-business owners and clients with large IRAs could benefit from forming a limited-liability company (LLC) within their IRA. Not only does it offer another level of asset protection, but it also allows your clients to make some nontraditional IRA investments. However, there are regulatory complications that require specialized expertise from a knowledgeable CPA or tax advisor.