To invest in in other types of assets, open a self-directed IRA account with IRA Innovations. As a self-directed IRA administrator, we allow you to invest in the full range of asset types allowed by the IRS.
How Long Have Self-Directed IRAs Existed?
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” 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 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.
Open an Account
Choose an Investment
With a self-directed IRA from IRA Innovations, you choose your own investments. For an overview of allowable investments, please visit our investments section. If you have additional questions regarding allowable investments, please contact us.
Make an Investment
Direct IRA Innovations to purchase your investment choice with your IRA by completing a Buy Direction Letter. We’ll show you everything, including how to carry the investment in your IRA’s name.
That’s it! The professionals at IRA Innovations are happy to assist you with any questions you may have, or help you open an IRA account.
Call IRA Innovations at (205) 985-0860 and get started on your self-directed IRA today.
We are never in conflict with your investment decisions because we do not endorse or sell any investment products.