What is a Self-Directed Traditional IRA?
IRAs are the oldest type of retirement plans. They allow you to save for your future and are usually overseen by an account manager heavily invested in promoting a limited range of products. A Self-Directed Traditional IRA goes beyond common Wall Street offerings, while still relaying all of the benefits of a traditional IRA.
Get Tax-Deferred Earnings with a Self-Directed Traditional IRA
The easiest and most common way to fund a self-directed IRA is to make a contribution to it. This can be done in several ways, e.g., roll funds over from an existing benefits plan, or transfer funds from a brokerage, mutual fund or stock account. You can make tax-deferred contributions to a self-directed traditional IRA until you reach 70½ years old.
More Reasons to Open a Self-Directed Traditional IRA:
Broaden Investment Choices: As discussed here, many IRAs offer limited choices when it comes to investing. And, many don’t allow you to take advantage of investment opportunities in the number one industry to wealth in this country – real estate.
Self-directed traditional IRAs do. As an investment professional will tell you, a diversified portfolio is not only the smart way to invest, it’s the more profitable way to invest as well.
Quickly Fund Investments Deals: Not only does a self-directed IRA allow you to make your own investment choices, you can immediately fund them as well (subject to statutory right of recission).
Invest in Real Estate: You can invest in real estate, which is the number one way to build wealth in this country. The door is open to all forms of real estate and real-estate related items – from mortgages to tax liens. Beyond being able to control investment choices overall, this is one of the most popular reasons workers opt for self-directed traditional IRAs.
Any individual under 70 ½ years of age with earned income is eligible to contribitue to a self-directed traditional IRA.
set up a self directed IRA account today, or call us for more information at 866-928-9394. |