Would you like to know how you can access money from your retirement account penalty and tax-free? Then, you should stay until the end of this episode to discover it! Today, we have Daniel blue on the show. He is a Forbes contributor, and the owner of a 7-figure business called Quest Education. Daniel is the author of “Blueprint to Your Best Retirement”, and his goal is to educate people and provide them with relevant resources to maximize control over their finances!

Let’s deep into IRA and 401 K accounts!

Getting to know Daniel - [00:01 – 05:50]

• Daniel shares a bit of his background and work.

• Growing up in California
  His high school journey
  Having a daughter at 19
  Getting into sales

• Daniel introduces Quest Education

• Created 3 years ago
  Self-directed IRA and 401 K

How "180Elevate" is Connecting Growth Methods to Help People Become the Best Version of Themselves [05:51 – 18:10]

• What Quest Education does

• Access money in the retirement account penalty and tax-free
  Provide education to bridge the gap between solo 401 K and IRA

• The advantages of IRA and solo 401 K

• More options outside the stock market
  Have more freedom with the investment choices
  Loan feature and high contribution

• Daniel shares the restrictions on who can set up a solo 401 K

• You have to be an entrepreneur
  Have business activity: E.g real estate consultant

• The importance of being aware of prohibited transactions

• You cannot use IRA and invest in a property that you own and live in
  Reach a CPA or financial advisor that are familiar with IRA and 401 K

• The awareness of the solo 401 K and the loan feature

• You can borrow 50% of the account value
  Take money penalty and tax-free
  Payback within 5 years and the interest goes back to your solo 401 K

The Quattro Trio - [18:11 - 26:08]

• What is your superpower?

• Being able to maximize his time

• What is your biggest failure?

• Not being when her daughter was born

• Daniel encourages you to support Vegas Wish

• How to connect with Daniel

• Links below

• Final words

Tweetable Quotes:

“The main problem we solve in the marketplace is helping people access money in their retirement accounts penalty and tax-free.” -  Daniel Blue

“The harvest is going to be 100% tax-free. That's the power of something like a solo 401 K.” -  Daniel Blue

“We all make mistakes, and we all have to forgive ourselves for things that we’ve done, we’ve hurt other people, and we’ve hurt ourselves…We can change the past, we just gotta better do moving forward.” - Daniel Blue

Resources Mentioned:

• Blueprint To Your Best Retirement - Daniel Blue

• How Winners Win Podcast

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You can connect with Daniel on LinkedIn! Go and visit Daniel Blue and discover how to access your retirement account penalty and tax-free!

LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com.

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton