The New Direction Trust Company Blog

The Five-Year Rule and the Case for Multiple Ro...

The Roth IRA is a remarkable retirement-planning tool, as investors can avoid taxes on investment earnings by following certain rules. With a self-directed Roth IRA, those earnings can come from alternative investments in real estate, private lending, private equity, or almost any other strategy of your choosing.  Ready to open a Roth IRA? Click here to open a new self-directed … Read More

What Is a Coverdell Education Savings Account? 

Investors enjoy a wide variety of tax-advantaged savings options when planning for their futures. IRAs and 401Ks help save for overall retirement costs, Health Savings Accounts target future health expenses, and Coverdell Education Savings Accounts (ESAs) focus on education costs of children and dependents.  Ready to open a Coverdell ESA? Click here to access our ESA Application Packet!  Unlike other tax-advantaged plans, a Coverdell ESA is intended to cover a beneficiary’s costs, in this case educational expenses. Typically your child … Read More

Investing in Space with a Retirement Plan

History may deem the 2020s as one of the more exciting decades for new investment opportunities. We already see the promise of 5G networks, self-driving cars, and broadening private sector participation in space exploration. The latter is particularly intriguing because the door has been opened for private individuals to directly engage in extraterrestrial exploration…and also invest in companies dedicated to such efforts.  Ready to invest in space with a … Read More


Getting in on the Ground Floor with Pre-IPOs in...

Back in the mid-90s, a new website appeared on the similarly new Internet that only sold one thing. Users keen on that one thing could saddle up their dial-up connections and enjoy a top-notch shopping and service experience, fueled by a tenacious, customer-focused company founder. He may have gotten his start by selling that one … Read More

should i have two iras

Could It Make Sense to Have Both a Traditional ...

Today’s retirement investors have a broad variety of account and investment options. Some may browse their retirement plan options and assume that it would make sense to hold only one account. For example, when comparing Traditional IRAs to Roth IRAs, you may feel inclined to choose only one. But could it make sense to hold … Read More

New Direction Trust Company (“New Direction”) performs the duties of a directed custodian. It does not provide any investment advice, legal advice, or tax advice. New Direction does not undertake any due diligence for you, including with respect to any investment or investment provider featured in this blog post or joint webinar or any other investments that you choose to hold in your New Direction account(s). Any information regarding any investment provider or investments that is contained in this blog post or Webinar was provided by the third-party investment provider. New Direction is not affiliated with, does not control or direct, and has no responsibility over any third-party investment provider or investment, and the inclusion of any investment provider or investment options in this blog post or Webinar does not represent an endorsement or recommendation of the investment provider or investment by New Direction in any way. New Direction does not endorse or recommend any investment provider or investment, including those found in this blog post or Webinar. Information and third-party links contained in this blog post or webinar are provided for informational purposes only, and it is solely the responsibility of investors to perform their own, independent due diligence on any investment opportunity. Investors should consult their own investment, legal, and tax advisors before making any investment choices.