Empowering choices. A Self-Directed IRA allows control over investment decisions, including alternative assets like real estate, precious metals, and more.
Broad horizons. Self-Directed IRAs permit diverse investments, from traditional stocks and bonds to real estate, private equity, and precious metals.
Rule adherence. Avoid prohibited transactions to maintain IRA tax benefits. Examples include self-dealing and transactions with disqualified persons.
Custodial oversight. While self-directed, an IRA custodian ensures compliance with regulations, holding and administering the account on behalf of the investor.
Financial considerations. Like traditional IRAs, Self-Directed IRAs have contribution limits. Stay informed to maximize tax advantages within legal limits.
Distribution planning. RMDs begin at a specified age. Understand the rules to plan strategically for distributions while maintaining tax advantages.
Tax nuances. While tax-advantaged, Self-Directed IRAs have specific tax implications. Stay informed on contributions, withdrawals, and potential penalties.
Documentation is key. Keep meticulous records of transactions, valuations, and correspondence to ensure compliance with Self-Directed IRA rules.
Rule-aware decisions. Armed with insights, navigate Self-Directed IRA rules to craft a strategic investment approach aligned with your retirement goals.