An IRA or other retirement plan (e.g. 401k) can be invest it in a new or existing business or franchise. You cannot invest in a business in which you already have an ownership interest, but all other businesses are fair game. You can use your retirement funds without being taxed on the funds. The use of the funds would be considered an investment, not a withdrawal. This means that there are no early-withdrawal taxes or penalties. However, there are some plans and structures that work better than others for this purposes
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