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Author: JoeVM Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75384  
Subject: Can I fund a tax shetered retirement fund Date: 5/18/1998 10:41 AM
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I am in my early 40's and have 100% of my income from
real estate investments. This has been the case for the last 6 years and I have not been funding any sort of retirement program since the nature of my income is not considered earned income (although I do work harder than most) Is there any way to invest for the future especially using the FF method in a way to take advantage of tax sheltering.
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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 3355 of 75384
Subject: Re: Can I fund a tax shetered retirement fund Date: 5/18/1998 2:07 PM
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Greetings, JoeVM, and welcome.

<<I am in my early 40's and have 100% of my income from
real estate investments. This has been the case for the last 6 years and I have not been funding any sort of retirement program since the nature of my income is not considered earned income (although I do work harder than most) Is there any way to invest for the future especially using the FF method in a way to take advantage of tax sheltering.>>

If you have income from employment, then you can put up to $2K per year in a self-directed, deductible, traditional IRA. If you don't, then there is nothing elso available to you within which you can trade the FF on a tax-deferred basis.

Regards….Pixy



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