self directed ira

Even for those that aren't investment professionals, a self directed IRA can make a lot of financial sense. Self-directed IRA accounts are managed by a qualified professional as determined by the IRS. This individual works with the account holder to develop an IRA or Individual Retirement Account that has acceptable risks and follows all current laws with regards to investment and filing information with the Internal Revenue Service. Typically a self-directed IRA will include a variety of stocks, mutual funds, money market accounts and real estate, both from domestic as well as foreign markets. Since there are very strict regulations on how these investments are used in an IRA to defer taxation, the professional managing the account has to provide accurate information to both the client and the IRS about the legality of each type of investment in the IRA fund or portfolio. Self directed IRAs can also be managed through limited liability companies, which provides greater freedom by the account holder to develop their own portfolio of investment, but there is greater risk attached to this for the individual as well.

Fast Facts

Self-directed IRAs can be deductable or non-deductable depending on the specific income and investments that you already have.
About 65% of all self directed IRAs include real estate in the portfolio.
There are approximately 4.2 trillion dollars invested in all IRAs in the United States and only about 4% are self-directed.

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