The proposed Reconciliation Bill stands to measurably hurt your self-directed retirement plan and severely limit what you can invest in (the whole point we all went "self-directed!").
Currently, the bill proposes to: - Eliminate retirement plan contributions (for account holders with $10MM+ across all plans) - Eliminate backdoor Roth conversions and mega backdoor Roth - Force RMDs for all accounts over $10MM (total, across all plans) - Eliminate IRA investment opportunities for accredited investors - Eliminate ability to use UBIT blockers or joint venture
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