NAFEP Self Directed IRA Blog

Self directed IRAs provide great investment opportunities. You can use your SDI account to make investments that are then used specifically for your retirement funds. SDIs are a popular choice for many people.

The reason they are such a popular choice is because it allows you the chance to have complete control over your investments. You can use traditional investments, such as stock options and bonds. It also allows you to have alternative investments, such as real estate, etc.

Self directed IRAs allow you to invest in alternative investments that you would like to use towards your retirement plan. Real estate, personal loans, private businesses, tax liens, and much more are able to be invested in with SDIs.

These alternative investments are specially used through SDIs. Other IRAs are not able to make these types of investments.

Another reason that SDIs are popular is because they are easy to use. You simply make your investment and you do not have to worry about transaction fees. A custodian is not used, so you don’t have to worry about high fees because of him, or holding or asset-based fees either.

Account owners of SDIs can be a form of their own custodian. They can save literally hundreds, to thousands, of dollars in savings because they do not have to pay for those transaction and asset-based fees. Self directed IRAs also can diversify their retirement account money too through 401(k)s, IRAs, etc.

SDI owners can use the same self directed IRA LLC to purchase both nontraditional and traditional investments. That means they can invest in real estate as well as stocks or bonds. If they follow the specific guidelines in regards to real estates purchases, they can even buy their retirement home now at today’s prices, rent it out, and then move in to it later once they qualify for their IRA distribution.

Other perks are that owners can buy foreclosed properties and tax liens right then because they do not have to deal with custodial delays. They can also buy and sell their properties they have as self directed IRA investments. This can be domestic, residential, rental, commercial and foreign properties that will have profits tax-deferred and put in your retirement account.

Tags: checkbook control ira, IRA, IRA-LLC, self directed ira

This entry was posted on Friday, June 11th, 2010 at 7:06 am and is filed under self directed ira. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.