‘Pending Legislation Alert for Syndicators & Self-Directed IRA Investors’ With Kaaren Hall

“Pending Legislation Alert for Syndicators & Self-Directed IRA Investors” featured special guest Kaaren Hall, CEO of uDirect IRA Services & Board Member of the Retirement Industry Trust Association, who explained current proposed legislation and its potential effects on you and your ability to raise money.

Briefly, the proposed $3.5 trillion Reconciliation Bill currently being debated by Congress (as of September 2021) may prohibit investors with Self-Directed IRAs from investing in Private Placements that require the IRA owner to meet certain minimum financial, educational or licensing requirements — i.e., Regulation D, Rule 506 Offerings. Worse yet, those with current investments could be required to divest them within a couple of years — requiring recapitalization of the investment or loss of IRA tax benefits for IRA funds that remain invested beyond the deadline.

Kaaren’s message: Take action now! Let your federal legislators know of the postential harm these provisions could have on their constitutents.

 

Read the transcript.

 

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At Syndication Attorneys LLC, we are committed to your success – book a consultation with one of our team members today!

Are you ready to raise private capital?

At Syndication Attorneys LLC, we are committed to your success – book a consultation with one of our team members today!

About Syndication Attorneys

We are NOT your stereotypical law firm. We don’t believe in simply taking your money, handing you a stack of technical, often-incomprehensible legal documents and then bidding you good luck and good-bye. At Syndication Attorneys PLLC, we are committed to your success – not just with the project at hand, but your continuing success in business and investing. We are your long-term legal team.

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