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Forum nameGeneral Discussion
Topic subjectI learned it was a thing from Peter Theil...after my man had already done
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13448516&mesg_id=13448547
13448547, I learned it was a thing from Peter Theil...after my man had already done
Posted by Buddy_Gilapagos, Mon Nov-22-21 03:50 PM
it for me.

https://www.propublica.org/article/lord-of-the-roths-how-tech-mogul-peter-thiel-turned-a-retirement-account-for-the-middle-class-into-a-5-billion-dollar-tax-free-piggy-bank

In short, I think he rolled my 401k into a roth and then used the roth to invest in his business (all by the books but I think its a bit complex still). I can't touch it for a minute without tax consequences but yeah, its good to have there and no think about.

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