OilandGasInvest.com
The Portal for Direct Investments in Oil & Gas Properties.
401(k)/Self Directed IRAs
It may be possible to make direct investments in oil and gas using funds from a 401(k) by turning your 401(k) into a Self Directed IRA. Certain restrictions do apply and certain tax benefits available to individuals will likely not be available for Self Directed IRA investors.
Self Directed IRA funds properly structured may be used to make direct investments in oil and gas in order to generate monthly cash flow potentially greater than typical real estate investments or investments in stocks and bonds. Oil and gas investments are speculative in nature and are investments involving a high degree of risk, so doing your due diligence is important.
If you are interested in using 401(k) funds by converting your 401(k) in to a Self Directed IRA, you must consult with your tax advisor.
Disclaimer
OilandGasInvest.com is not responsible for any investments made on the above advice. The above tax information is not to be construed as tax advice. Investors considering a direct investment should consult with their tax advisor.
The following disclaimer is included to ensure that we comply with U.S. Treasury Department Regulations. The Regulations now require that either we 1) include the following disclaimer in most written federal tax correspondence, or 2) undertake due diligence that we have not performed (but can perform on request).
ANY U.S. FEDERAL TAX ADVICE CONTAINED IN THIS COMMUNICATION (INCLUDING ATTACHMENTS) IS NOT INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF 1) AVOIDING PENALTIES UNDER THE INTERNAL REVENUE CODE OR 2) PROMOTING, MARKETING, OR RECOMMENDING TO ANOTHER PARTY ANY TRANSACTION OR MATTER ADDRESSED HEREIN.
The existence of this website should not be construed in any direct or indirect manner as a solicitation for securities.
We cannot guarantee the completeness, timeliness or accuracy of the information contained in this web site. Nothing in this web site contains investment advice. Any decisions based upon the information contained in this web site are the sole responsibility of the user.
This site is for informational purposes only and is to be used only as a starting point for potential oil and gas investment considerations. Consult with tax advisor and legal counsel before you make any investment decisions regarding investments in oil and gas, 1031 exchanges or changes to your 401(k) or investments using your 401(k). In making an investment decision, investors must rely on their own examination of a partnership; which include the merits and risks involved, including the management, and any partnership agreements, or other written materials used to represent the investment for consideration of oil and gas direct investments. Oil and gas investments are subject to significant risk and are not suitable for all investors. Investments are generally subject to significant fees and expenses. An investment could result in partial or complete loss of the principal investment. Oil & Gas investments are speculative in nature, and are investments involving a high degree of risk. Persons considering these investments must be accredited, sophisticated, and qualified to make them.