I watched with interest as the people we elected to represent us in Congress walked out of Washington last week with no answers as to how we as a country can avoid going over the Fiscal Cliff. Nearly all taxpayers will be affected by the decisions made on government spending in some way. As an…
Tag: self directed ira
What is the main benefit of a self-directed IRA?
A Primary Benefit of the Self-Directed IRA is you can invest in what you know. Period! With the great tax advantages provided by all IRAs or 401(k) s, as well as the wider range of possible investments of a self-directed IRA or self directed 401(k), you can potentially build wealth and secure your future much…
What Is a Self Directed IRA?
The term “self directed” simply means that you, as an individual, have complete control over selecting and directing your own IRA or 401(k) investments. In 1975, as part of the Employee Retirement Income Security Act of 1974 (ERISA) and the creation of IRAs, self directed IRAs were also permitted. At that time, qualified plans, such…