I came across this great article put out by the North American Securities Administrators Association (NASAA) titled "Informed Investor Advisory: Third-Party Custodians of Self-Directed IRAs and Other Qualified Programs". Here are some facts and fictions about Self-Directed IRA Custodians you may find interesting: Fiction: A third-party custodian researches and recommends investments. Fact: A third-party custodian [...]
The assets of a typical Individual Retirement Account (IRA) are usually limited to investments in equities such as corporation stocks and are overseen by a commercial bank. However, did you know that you could construct a Self-Directed IRA that may hold assets in a wide variety of investments? The IRS rules on Self Directed IRAs [...]
For many years, the IRA (or Individual Retirement Account) has been viewed as one of the smartest possible investments for those looking to secure their retirement. IRAs allow individuals to put money away for their future with tax benefits that can either be realized at the time that the investment is made or when the [...]
A self-directed IRA is an account that allows you to make decisions about the kinds of investments that will be included in your retirement plan. This gives you more control over the kind of growth you get with your account and the amount of risk you put into your investments. The IRS requires that you [...]
The term self-directed IRA sounds simple enough, right? Isn't it about gaining freedom over your own destiny? Well maybe not so simple! When you call self-directed IRA providers you find many different strategies, restrictions, fees and organizations, all of which seem to claim they have exactly what will suit you. Sound familiar? In an industry [...]
Putting real estate in your IRA can be a good way to earn a solid return that you can keep your eye on, but the mechanics of buying, holding, transferring and selling real estate in an IRA can vary depending on your self-directed IRA custodian. A typical process of buying real estate through a self-directed IRA [...]
Individual retirement accounts are required to be held at an institution that meets the requirements of being a Trustee or Custodian under IRC Section 408. The difference between a Trustee and a Custodian can be confusing, especially when dealing in the world of IRAs. A trustee is an institution that has fiduciary control over the [...]
