What are the benefits of a self-directed IRA?

You can invest in what you know. With the great tax advantages provided by all IRAs or 401(k)s, as well as the wider range of possible investments of a self-directed IRA or self-directed 401(k), you can potentially build wealth and secure your future much more effectively than through traditional retirement plans. If you work in or know the real estate field, you can invest in real estate. If you work in or know the mortgage field, you can use your IRA as a lender. If you know of or work for a company looking to raise capital, you can invest in a note with that company. With a self-directed IRA or real estate IRA, you are not limited to the investment offerings of your custodian/trustee. By using Preferred Trust as the administrator for your account, you get much greater flexibility in the number of investment choices you have.

Self-directed accounts require a specific type of custodian/trustee and specific documents to be executed. For a self-directed IRA to exist, it needs to be held with a custodian who allows investments into nontraditional investments. Preferred Trust provides a custodian service and administration that focuses on these unique self-directed plans and nontraditional assets that are purchased by your retirement plan. Preferred Trust is very efficient and knowledgeable at working with clients looking to self-direct and control their retirement planning because we do this every day.