A self-directed IRA is an IRA (Traditional or Roth) in which the account holder chooses which assets the IRA buys and sells. The term "self-directed IRA" can refer to IRA accounts that invest in alternative or hard assets, such as real estate, precious metals, private equity, notes, and more.
IRS rules contained in the Internal Revenue Code regulate self-directed IRAs. Self-directed IRA custodians, in most cases, are audited by state banking authorities and help account owners understand the rules and regulations inherent to their retirement accounts.
You can invest a self-directed IRA wherever you or your financial team's expertise lies. Account owners can invest in alternative investment options like real estate, precious metals, private notes, private equity, raw land, stocks, and more. Opening a self-directed IRA allows investors to access the full range of allowable assets for retirement plans.
Investors can open a self-directed IRA with an IRA custodian like New Direction Trust Company. Our online application can be completed in a matter of minutes!
A self-directed IRA LLC is an account structure that can provide investors with more direct control over their IRA funds. This control is achieved when the IRA opens and funds an entity (i.e. a single-member LLC) as an account-owned asset. As the entity manager, the account holder could assume checkbook control over the entity's funds, which are ultimately the IRA's funds.