|
Wednesday, 30 July 2008 |
By Jerry Glynn
 A self directed IRA is an investment option for those who want to have more control over their retirement investments. Unlike traditional IRAs these type of investments allow you to diversify your portfolio, by using your retirement funds to invest in loans, businesses, real estate, and other opportunities.
There are many benefits to this type of IRA, but as with any type of investment, you should research carefully and consider all of your options before commiting. This article will provide helpful information to help you decide.
IRAs were created in 1975, as part of the Employee Income Security Act of 1974, or ERISA, and self directed IRAs were also created during this time. Most investment choices during this time included real estate and notes. Technically, self directed IRAs are no different from traditional IRAs.
They differ in their investment options, since most traditional IRAs only permit investment options in approved stocks, mutual funds, bonds, and CDs. This type of IRA allows, in addition to the investment types mentioned above, for tax lien certificates and private |
|
Last Updated ( Wednesday, 30 July 2008 )
|
|
Read more...
|
