{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2Fa691f742-070f-4b7e-8826-5763ffc8611e","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"","title":"Why I Cashed out My IRA and Never Looked Back\u2026.","description":"What This Episode Is About\nThere isn’t a week that goes by where someone doesn’t ask us about qualified plans and what they should be doing with them.\nNow, I’ll give Wall Street and the government credit; their marketing is spot on.\n“Qualified”sounds great, doesn’t it? You know what doesn’t sound great? Not having access to your money when you really need it and then having to pay a penalty just for luxury of spending it.\nThat’s the exact situation Joey experienced when he started researching his 401K turned IRA a few years ago.\nHe quickly realized he didn\u2019t have any control over how much he could put into the plan or what was done with it. He didn\u2019t understand what his money was being invested in. He didn\u2019t know what the taxes would be on that money in the future. For all intents and purposes, his money was in prison.\nIn this episode, Joey talks about that experience, how he managed to get his money back, and the multiple investment and personal opportunities he’s been able to take advantage of in the years since.\n\nMentioned In This Episode:\n\n* How IRA\u2019s are prisons for our money\n* The shocking realizations Joey came to when he started researching his IRA\n* Examples of clients running into issues getting money from their IRA\u2019s\n* The opportunities Joey\u2019s been able to take advantage of now that is money is no longer in the prison of an IRA\n* How Joey\u2019s investments outside of qualified plans have helped with recent health issues\n\n\nResources:\n\n* http://www.wealthwithoutwallstreet.com/opportunities-find-cash/ (Wealth Without Street Podcast Episode 024: Opportunities Find CASH)\n* http://www.wealthwithoutwallstreet.com/government-keeping-wealthy-dr-paul-cleveland/ (Wealth Without Street Podcast Episode 027: The Government is Keeping you from being Wealthy! with Dr. Paul Cleveland)\n* https://www.youtube.com/watch?v=GP2d3BhzWB0andfeature=youtu.be (Truth Concepts Video: Qualified Plan)\n* https://www.amazon.com/gp/product/0989000192/ref=as_li_tl?ie=UTF8andtag=wealthwitho02 (The Power of Zero by David McKnight)\n* Schedule a https://calendly.com/joeyruss/15-minute-intro-call (Call with Us)","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/a750c390-803b-46f4-b7c4-3e2ca5f6cadb/wealth-without-wall-street-podcast-artwork-2000.jpg"}