Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can my Waterford Financial Group LLC make loans to businesses or companies?

April 26, 2017businesses companies financial group LLC Loans Waterford

0

Posted

Can my Waterford Financial Group LLC make loans to businesses or companies?

1 Answer

0

Posted

Sure. Your IRA can make a loan to any type of business. However, be aware that there are some restrictions on loan money to any business that you or any other disqualified person has an ownership interest in.