In this new weekly series, Adam Bergman, Esq., will be sharing a helpful tip for Self-Directed IRA investors. Self-Directed IRAs can provide significant flexibility and control over your retirement investments, but they also require careful planning and diligence to maximize their potential benefits. This series will be dedicated to educating the public about the IRS rules, like prohibited transactions, and UBTI tax, diversifying your retirement savings with alternative investments, and updates on any changes to the law.

In this week’s episode, Adam will discuss how to maximize your 401(k) contributions after you leave your job.

Learn more about the Self-Directed IRA:

About IRA Financial:

IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions.

IRA Financial is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm. IRA Financial Group does not provide legal services. No attorney-client relationship exists between Client and IRA Financial Group, its management, salespersons or IRA Financial’s in-house legal counsel. IRA Financial Group provides IRA retirement facilitation service and CANNOT provide Client with legal, investment, or financial advice. Prior to making any investment decisions, please consult with the appropriate legal, tax, and investment professionals for advice.

IRA Financial is not engaged in rendering legal, accounting or other professional services. If legal advice or other professional assistance is required, the services of a competent professional person should be sought. (From a Declaration of Principles jointly adopted by a Committee of the American Bar Association & a Committee of Publishers and Associations.). The scope of Professional Services does not include the costs of any custodian related services.

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Welcome to Self-Directed IRA Tip of the Week – Episode #2! In today’s episode, we will be discussing the importance of diversification in your self-directed IRA.

Diversification is a key principle of investing. It involves spreading your investments across different asset classes and types of investments in order to reduce risk. In the context of a self-directed IRA, diversification can help you protect your retirement savings and potentially increase your returns.

One of the advantages of a self-directed IRA is the ability to invest in a wide range of assets, including real estate, precious metals, private equity, and more. However, it is important to remember that putting all of your retirement savings into a single asset class or type of investment can be risky. By diversifying your self-directed IRA, you can spread your risk and potentially improve your overall investment performance.

Here are a few tips for diversifying your self-directed IRA:

1. Spread your investments across different asset classes. Consider allocating a portion of your self-directed IRA to stocks, bonds, real estate, and other alternative investments. This can help you reduce the impact of volatility in any single asset class on your overall portfolio.

2. Consider the risk and return of each investment. Not all investments carry the same level of risk and potential return. By understanding the risk and return characteristics of each investment in your self-directed IRA, you can make informed decisions about how to allocate your retirement savings.

3. Rebalance your portfolio regularly. As the value of your investments changes over time, your asset allocation may shift. Periodically reviewing and rebalancing your self-directed IRA can help you maintain your desired level of diversification.

4. Seek professional guidance. Managing a self-directed IRA can be complex, especially when it comes to diversification. Consider working with a financial advisor or retirement planning professional who can help you develop a diversified investment strategy that aligns with your retirement goals.

By diversifying your self-directed IRA, you can help protect your retirement savings and potentially improve your investment performance. Keep these tips in mind as you continue to build and manage your self-directed IRA.

That’s it for today’s Self-Directed IRA Tip of the Week – Episode #2. Thank you for joining us, and be sure to tune in next time for more valuable insights and tips on self-directed IRAs.