| Whether you're a seasoned investor or a newbie, | | | | custodian and a specialized legal structure. It is a |
| you need to make yourself aware of the options | | | | vehicle that eliminates red tape and most importantly |
| available to you with a self directed IRA, or SDIRA. | | | | the continuous fees traditional investment firms are |
| A SDIRA is a powerful alternative to both traditional | | | | charging you right now! |
| IRAs and Roth IRAs offering financial control over | | | | Your current retirement account can be moved to a |
| your own retirement funds. | | | | self-directed custodian who allows alternative |
| What to Consider When Choosing a Self Directed | | | | investment vehicles that pass their compliance and |
| IRA | | | | IRS scrutiny. To do this, it is highly advised you utilize |
| My suggestion is that you first have a good talk with | | | | an expert with experience in setting up and |
| yourself about being a "hands on" investor, or if you'd | | | | customizing your self directed ira. So here's the simple |
| rather let your broker tend your nest and charge you | | | | step-by-step approach: |
| fees to do this. If you'd like to get higher returns and | | | | 1. Your retirement account is moved to a |
| you can handle the day to day decisions, you should | | | | self-directed custodian. |
| look into setting up a self directed account. | | | | 2. A legal and accounting team creates a customized |
| Self-Directed simply means that your funds are taken | | | | LLC and submits to the custodian. |
| out of the brokers account and placed into a new | | | | 3. You open a business checking account for the self |
| account that is designated specifically for you to use | | | | directed ira |
| for investing. You can place new funds or transfer | | | | 4. You submit an authorization form to the custodian |
| from your existing portfolio into your new self | | | | instructing them to fund your new bank account. |
| directed ira. You make the choices about the | | | | Once this is done you will have absolute control over |
| investment vehicle. | | | | your new SDIRA and you can direct your investing |
| If you have been disappointed with the lack-luster | | | | efforts. This could be in the form of business seed |
| returns in your current IRA account, and are tired of | | | | capital, real estate investing, tax lien certificates, and |
| getting charged fees for little or no return, it's time | | | | the traditional stocks, bonds, and mutual funds. |
| for you to take control of your own retirement and | | | | The real beauty of this vehicle is that you can |
| become your own investment bank through a self | | | | leverage yourself into a bigger investment with the |
| directed ira. Currently there is an estimated 3 trillion | | | | potential for much higher rates of return. I love the |
| plus dollars invested in stocks, bonds, mutual funds, | | | | idea of using the other guy's money to grow my |
| and cds with tax -deferred accounts known as IRAs. | | | | own investments and having the added benefit of |
| Less than 3% of investment money is taking | | | | additional tax deductions. |
| advantage of the investment potential of a self | | | | If you qualify, a Self-Directed Roth IRA is even |
| directed ira. The SDIRA has been available since 1974. | | | | better because the earnings are tax-free at |
| It is a viable and legal option that allows you to use | | | | distribution compared to the traditional IRA. You could |
| tax-deferred or tax-free money to invest and to | | | | have almost no tax on unlimited earnings! |
| become your own bank. | | | | It is your job and your right to take control of your |
| How Does a Self Directed IRA Work? | | | | own retirement and become your own bank. There is |
| With this type of investment vehicle you will have a | | | | a revolution going right now, today. Be part of that |
| checkbook, a debit card and all the tools that come | | | | revolution and take control of your future from Wall |
| along with a business checking account. All you need | | | | Street and put it back in your hands. It's time to get |
| to know are the few things you cannot do, the rest | | | | a self directed ira and take control of your own |
| is up to your imagination. Basically a self directed ira is | | | | financial destiny. |
| a unique hybrid tool that utilizes a self-directed | | | | |