Top 5 Reasons to Self-Direct Your IRA
Discover 5 reasons to why you should self-direct your IRA for your retirement.

Whether the goal is to achieve capital preservation or aggressively generate growth, a successful retirement savings plan requires establishing an appropriate asset allocation strategy.

Putting all your retirement funds into a savings account can be safe, but in order to build meaningful wealth, investors need to find an account that can deliver a return above the current rate of inflation. On the other hand, investing in assets other than cash can be an effective way to outperform inflation and generate regular income.

Alternative investments, one such asset category, have the potential to generate attractive returns with the added benefit of protecting a portfolio from market volatility.

INVESTMENT OPTIONS TO REACH YOUR IDEAL RETIREMENT

Traditional Investments – These types of assets are commonly found within the stock market. The two main types of IRAs that can help you save for retirement are Traditional and Roth. While both types of accounts are very similar in nature and provide the same investment options, there are a handful of key differences. COMPARE PLANS:

Alternative Assets – Alternative assets are not publicly traded and tend to be less “liquid” than traditional investments. Alternative assets can be held in a variety of qualified accounts including Traditional IRAs, Roth IRAs, SIMPLE IRAs, SEP IRAs, HSAs, ESAs, and 401(k)s including Solo 401(k)s.

Prohibited Investments – These types of assets are not permissible in a qualified account or retirement plan.

UNSURE ABOUT HOW TO GET STARTED?
Navigating the Self-Directed world can be intimidating. Our goal is to make self-directed investing easy to understand and improve accessibility for every investor.

For more information, please contact us @
EXISTING CLIENTS
(888) 855-9856

FUTURE CLIENTS
(888) 662-0869

PROVIDENT TRUST GROUP’S CLIENT PORTAL
HTTPS://PORTAL.TRUSTPROVIDENT.COM/REGISTRATION/WELCOME…(read more)

LEARN MORE ABOUT: IRA Accounts

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REVEALED: Best Gold Backed IRA

Self directing your Individual retirement account (IRA) can be a powerful way to take control of your retirement savings and potentially grow your wealth. By choosing to self direct your IRA through a reputable custodian like Provident Trust Group, you have the ability to invest in a wide range of alternative assets, such as real estate, precious metals, private equity, and more. Here are the top 5 reasons to consider self directing your IRA:

1. Diversification: By self directing your IRA, you can diversify your investment portfolio beyond traditional stocks and bonds. This can help to spread your risk and potentially increase your returns over the long term. Alternative assets tend to have low correlation to the stock market, providing a hedge against market volatility.

2. Control: When you self direct your IRA, you have full control over your investment decisions. You can choose the assets that you believe will provide the best returns and have the most potential for growth. This level of control allows you to tailor your investments to your individual risk tolerance and financial goals.

3. Tax Advantages: Self directed IRAs offer the same tax advantages as traditional IRAs, such as tax-deferred growth and potential tax deductions on contributions. By investing in alternative assets within your IRA, you can potentially take advantage of additional tax benefits, such as depreciation on rental properties or tax-deferred gains on precious metals.

4. Potential for Higher Returns: Alternative assets have the potential to generate higher returns than traditional investments like stocks and bonds. By self directing your IRA into alternative assets, you may be able to generate greater wealth over time. Additionally, investing in assets like real estate and private equity can provide passive income streams to bolster your retirement savings.

5. Investment Flexibility: Self directing your IRA gives you the flexibility to invest in a wide range of alternative assets that are not typically available through traditional retirement accounts. You can choose from options like rental properties, private loans, tax liens, and more. This flexibility allows you to create a diversified portfolio that aligns with your investment objectives.

In conclusion, self directing your IRA through Provident Trust Group can offer numerous benefits, including diversification, control, tax advantages, potential for higher returns, and investment flexibility. If you have a strong understanding of alternative assets and are willing to do the necessary research and due diligence, self directing your IRA can be a great way to grow your retirement savings and secure your financial future.