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Please, please I hope any potential future clients...

Please, please I hope any potential future clients see this. There's a very real possibility I'll get in trouble for posting this, but it's killing me. I work as a Pension Administrator for an unnamed Third-Party Administration company. I have about two dozen clients who are contracted to a separate IRA / 401k custodian, that I administer their plans for. One of the things this company will probably suggest to you is that you should rollover a 401(k) or IRA into a new "Solo 401(k)" so that you can take out a loan against it and "pay yourself back," please don't do this. I've watched clients literally squander their entire retirement paying for this "education" and to "get rich". Do you know how many clients I have that got rich? 0. Not a single one. Moreover at least 70% of them later confide in me that they regret getting involved in this at all. The other 30% are just my newer clients and haven't figured it out yet. There are no shortcuts in life, there's no easy way to get rich, please, you owe it to yourselves and your family not to throw away your retirement and go into debt over this guy.

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