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In general, the foremost task in investing with an Unlimited™ Retirement Account is avoiding prohibited transactions. Prohibited transactions are probably one of the most misunderstood topics in the URA™ world. Many people devise strategies to specifically circumvent transactions from being explicitly prohibited, but by nature of law interpretation, such preconceived strategies often fail simply because of the nature of the intent of the strategy.

It is feasible for the average individual, after a little bit of education, to be capable of conducting their own simple and basic investment transactions when their URA is buying assets without partners and transacting only with non-disqualified persons. However, if your investing will involve any potentially disqualified persons or any complexities, it is strongly discouraged to move forward without assistance from one or more qualified professionals who specialize in URA strategy compliance. Visit IRA Association of America online at www.iraaa.org to find such professionals.

What is it?  |   Legitimacy  |   Uses  |   Best Practices
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