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 as Defined Benefit, Profit Sharing and Money Purchase Pension Plans, were self directed. The investments of choice were most commonly real estate and notes. The self-directed portion of the retirement industry continues to evolve. Today it is an accepted investment diversification strategy. Investors are able to purchase a wide variety of assets that comply with the federal rules guiding permitted transactions through IRAs and 401(k) plans.
The term “self directed IRA” simply means that you, as an individual, have complete control over selecting and directing your own IRA or 401(k) investments. Once established, your account can buy real estate, notes, limited partnerships, commercial paper, foreign exchange, gold, commodities and many other types of assets.
In a self directed IRA transaction, you make all of the decisions regarding your investments. The self directed IRA custodian or administrator completes the documents required to establish your account and purchase your investment.
IRA Innovations does this all of this for you. We have on going education, fast turn around, and even introduce you to our clients, a group of savvy investors, so you make friends with the “A” list of “ordinary” people that know how to invest. This is exactly what you have hoped for, but didn’t know how to access before now.
Yet, you will probably hesitate in calling for our free, no obligation, meeting because you do not see yourself as an investor.
This makes sense as you probably have been forced to limit yourself to mutual funds and stocks or cds in your current plans. You have not been allowed to invest in what you know.
