A self-directed IRA is perfect for anybody wanting to take full control over how their retirement plan is invested. Self-directed IRAs differ from traditional IRAs. They allow individuals to invest in a wider range of assets.
Traditional IRAs are limited to stocks, bonds and mutual funds. The investment landscape is changing. With newer digital assets like cryptocurrency now available to invest in. But most IRAs are still stuck in the dark ages with a limited selection of traditional mutual funds.
Whereas self-directed IRAs allow for investing in alternative assets. This includes assets like cryptocurrency, real estate, private equity, loans and much more.
This informative free eBook covers the following points;
What’s a Self-Directed Retirement Account? A Self-Directed IRA or Solo 401(k) offers checkbook control of your investments. This allows you to take full control of your retirement savings.
What can (and can’t) you do with these accounts? The list of alternative investments available to you in a self-directed retirement account is vast. It includes almost any type of alternative investment you can imagine. It covers rules established by the IRS and what to avoid.
What are the benefits of these account types? Self-directed IRAs, Solo 401(k)s, and SEP-IRA accounts have many tax advantages. Offering all the tax benefits of investing in a tax-deferred or tax-free (in the case of a Roth) retirement account. This is regardless of the investments held within the account.