A black piggy bank with several coins

The concept of a directed IRA was established by the U.S government to help citizens save their money for retirement. The funds grow tax-deferred and tax-free until you withdraw them.

As for self-directed IRA, the operations are slightly different. The funds still grow in your account until you make a withdrawal but you can still make compound interest. In this IRA, your investment options are broadened quite considerably. This investment opens up a whole new avenue of investment alternatives for IRA owners.

Hence, if you are financially knowledgeable and have an eye to spot opportunities with a willingness to reap big gains, a self-directed IRA is perfect for you.

Owning a self-directed IRA doesn’t mean your money is tied to your retirement account. It’s like having a stash of investment dollars at your disposal, which you can use at any time. As long as your transaction complies with the U.S government rules and regulations, you have the authority to invest your funds in different ways. Here are some things you can invest in;

1.      Business Entities

Since your money isn’t tied down, you’re allowed to buy a business with your self-directed IRA. This could be a tricky investment because you may have to start a whole new setup related to transactions and business ownership that complies with U.S law. So, while it’s allowed by the government, the arrangements are more complex than other options you have.

2.      Organized Settlements

Organized settlements are long-term investments that you can make with your self-directed IRA. Usually, when you buy a structured settlement, you get monthly or annual installments. Some people prefer settlement money upfront in exchange for giving up the whole amount of the settlement.

With a self-directed IRA, you can find an aggregated sum payout and get a higher amount in installment payments.

3.      Precious Metals

With a self-directed IRA, you can also invest in precious metals like silver, gold, and platinum. They’re available in various forms, including gold and silver bullion coins. With more than 50 years of experience in the precious metal industry, we focus on bringing success to our customers.

Our investment consultation helps our clients choose the best and most suitable investment options. For more details, get in touch with us today!