A self-directed IRA is not any different than any other. Until you consider what you can invest in. While most IRA custodians allow only “approved” stocks, bonds, mutual funds and CDs. A self-directed IRA custodian (which is you) allows these, but more importantly allows real estate, notes, tax liens, businesses, and much more. The reality is not only does it have the tremendous IRA benefits such as tax-free profits, tax deductions, asset protection and estate planning, but has extraordinary flexibility and is only limited by your imagination. Allowing you to invest in things you actually understand rather than something that is “approved”.
Which begs the question…
Self-directed IRAs may seem new, however they have existed from the very beginning from when IRAs were first created in 1974 (IRS Publication 590). But they were never largely used because most major firms don’t want you to be your own custodian make money off you for “helping” you invest your funds. Which is why they have only recently come into fame.
Nearly no one has heard of them because most people in the business don’t want you to know about them. They don’t want you to invest your own money and make your own decisions. Which is why most of your advisors don’t know about it because it cuts out a lot of the middle men who make all their money by advising you. Therefore, why would they advertise it?
So the real question…
To get a self-directed IRA working for you right now, all you have to do is 3 simple things to get tax-free or tax-deferred profits and invest in exactly what you want and know.
Step One: Set it up
Figure out what you would like to invest in and have a company help set it up. This includes filling out the documents and creating an LLC related to the investment.
Step Two: Rollover Your IRA/401K
The next step will be to have the company you hire to review and process your forms. Once completed the funds will be sent from your IRA into the SD-IRA and ultimately into the investment you always wanted.
Step Three: Manage, Watch, and Sell
Once you have the LLC, it will act independently of you and your finances. All expenses and profits will flow in and out of your LLC and ultimately your IRA. And even when you sell the investment, the profits will come back to the LLC. All tax free for your retirement.
Many Americans rely on the tax-free savings from their 401(k)’s and IRAs when they retire. But even more don’t have enough when they finally hit that age, or even worse, lose everything due to not having any control in what their money is invested in (Stock Market Volatility).
Which is why the Self-Directed IRA Exists. It exists to put the power back into your hands and not a giant fund that doesn’t really care what happens to your money. It exists to help you use your money to invest in what you know and love. Giving you limitless opportunities. Which is why you need to consider rolling a sizable amount of your retirement funds into a Self-Directed IRA to diversify your portfolio and protect yourself and your retirement.
If you are interested in learning more, please check out our Self-Directed IRA Seminar that will go over the intimate details of how a Self-Directed IRA could increase your IRA’s ROI by 100% in as little as a few months.