Monthly Archives: October 2012

//October
31 10, 2012

Are self directed IRAs bad with the IRS?

By | October 31st, 2012|Self Directed IRA LLC, Wealth Building|0 Comments

My broker, accountant and attorney tell me a Self Directed IRA is illegal or frowned upon by the IRS, could they be correct? Mostly everything your broker will tell you is an attempt to maintain your assets under their management and this becomes much more obvious the longer they talk. Your CPA is probably in [...]

18 10, 2012

Allowable Investments for a Self-Directed IRA

By | October 18th, 2012|IRA LLC, Self Directed IRA LLC|2 Comments

ERISA gives individuals the option to move their retirement investments into an Individual Retirement Account (IRA) housed by specific financial institutions called custodians.  These custodians may have their own in-house rules, but generally speaking, the regulations for IRAs are exclusive, not inclusive, regarding allowable investments and transactions.  Simply put, IRAs don’t have a long list [...]