Real International held an online webinar discussing Self-directed IRA and some opportunities. This part 1 of the recording.

If you are interested in the opportunity and decide to move forward to the next step, please contact us at info@realinternational.com…(read more)

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If you are interested to take control of your own retirement savings, then the Self-Directed Individual retirement account (IRA) is something to consider.

A Self-Directed IRA is a type of retirement account that allows you to make all kinds of investments permitted by the IRS, including real estate, precious metals, private equity, and more. It gives investors greater flexibility and control over their retirement savings compared to traditional IRA’s which restrict investment options only to stocks, bonds, mutual funds, and other financial instruments.

How Does a Self-Directed IRA Work?

First, like any other IRA, you’ll need to open and fund your account with a custodian or trustee. It could be a bank, brokerage firm, or specialized IRA custodian who will act as a third-party administrator, tracking your account’s value, and ensuring compliance with IRS regulations.

Once your Self-Directed IRA is set up, you can begin investing in a wide range of assets. You could choose to invest in stocks, bonds, mutual funds, or other types of securities, or choose alternative assets like private placements, real estate, precious metals, or Bitcoin. You could also use your Self-Directed IRA to invest in alternative assets, such as a private company, or to make loans to other individuals or entities.

Benefits of Self-Directed IRA

1. Greater Investment Options: Self-Directed IRA’s give investors the power to invest in non-publicly traded assets, such as private companies or real estate that may offer higher returns than publicly-traded options.

2. Diversification: With more investment options at hand, investors can diversify their retirement portfolio by investing in a variety of assets in addition to stocks, bonds, and mutual funds, which are often more volatile and susceptible to market swings.

3. Tax Advantages: Like other types of IRAs, Self-Directed IRA’s potentially offer tax benefits. These include tax-deferred growth or tax-free distributions, depending on the type of IRA, which helps to maximize returns on investment.

4. Control: With a Self-Directed IRA, you have greater control over your account decisions, including choosing your investments, timing, selling or transferring assets.

5. Flexibility: Investors can usually make contributions up to the annual limit, and depending on the type of Self-Directed IRA, making contributions might be tax-deductible.

Considerations

While Self-Directed IRA’s offer greater investment flexibility and control, it’s essential to remember that they also come with some additional risks, including higher fees, paperwork, and compliance requirements. Before opening a Self-Directed IRA, you should carefully evaluate your investment objectives, risk tolerance, and the assets that you would like to include in your IRA. You should review your IRA account agreement and make sure to comply with IRS rules and regulations to avoid any penalties or tax liabilities.

In conclusion, a Self-Directed IRA can be a powerful tool for investors seeking to take control of their retirement savings and seek alternative investments not offered by traditional IRA accounts. However, it requires careful consideration of your investment objectives, financial situation, and the compliance requirements necessary to ensure a successful and profitable investment.