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Q: Investing a retirement account in a Corp I own? ( No Answer,   0 Comments )
Question  
Subject: Investing a retirement account in a Corp I own?
Category: Miscellaneous
Asked by: just4fun2-ga
List Price: $20.00
Posted: 22 Sep 2004 15:51 PDT
Expires: 22 Oct 2004 15:51 PDT
Question ID: 404997
I own a business that charges a very high interest rate on loans we make.

I would like to invest/Loan my retirement account to this Corporation
and then loan this money out at the higher interest rate. I am the
trustee on this retirement account.  Is this possible?

If yes, what does it take to set this up?
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