CamaPlan’s Ryan Fischer joins us on this episode of Blue Collar Yields. CamaPlan is a self-directed IRA provider that allows its clients the opportunity to diversify their retirement accounts through alternative investments. While traditional retirement accounts are limited to stocks/bonds, self-directed IRAs can invest in commercial real estate, private placements, private lending, tax liens, and more. Ryan discusses a variety of investments that CamaPlan clients hold, including some unusual investments like llamas and coffee beans. He covers the tax advantages of investing within your IRA and some of the potential pitfalls that lead to what the IRS considers prohibited transactions. Ryan explains what a back-door Roth IRA is, and how high-income earners can still contribute and invest with a Roth.
