When you choose to put your money in non-traditional IRA investments, like real estate or gold bullion to name a couple, you first set up self directed IRA investment accounts. To do this you need a self directed IRA custodian.
When I refer to non traditional investments, I am referring to investments other than publicly traded stocks, bonds, mutual funds and CD's. Those four are the more traditional securities people put their money into for their IRA accounts. In those investments your IRA custodians are your licensed financial advisors or bankers.
IRA accounts were set up by the government to give people like you and me an incentive to save for our retirement years. They did this by giving us certain tax advantages, and along with the tax advantages they set guidelines for us to follow and IRS forms we need to fill out.
This is where the self directed IRA custodian comes into the picture. When you have holdings in self directed IRA investments, the IRS requires you to have a self directed IRA custodian to administer all the paperwork. You can't sit down and fill out the paperwork yourself.
As far as I'm concerned that is a good thing. Of course a self directed IRA custodian is going to charge you a fee for their services, but I don't mind paying that fee to gain the benefit of having someone experienced and who knows the rules and regulations better than I do and will administer all the paperwork correctly.
If you are one who is still holding all your IRA in traditional securities like I mentioned above, you may want to rethink that decision. If you would like to see double-digit returns on your money, you should be looking at self directed IRA investments like real estate.
You may be thinking you don't want the hassle of real estate - finding properties, renting out properties, and such. I don't think those things are hassles, but if you do I am here to tell you that doesn't have to be done by the owner of the self directed IRA investments, namely you.
There are companies that find properties, rent them for you and even have self directed IRA custodians on staff to help you with all the IRS regulations. You the owner of the self directed IRA, just directs them when you want to purchase property, which properties you want to purchase and how much you have to invest.
It's as simple as that. Check out my web site to read more about how you can grow your wealth for retirement. Do it today, you aren't getting any younger and the time for self directed IRA investments is today.
Robert Ruby invests in Real Estate and researches the best way to find capital for his investments. He buys property with no money down, and also uses the assets in his 401K and IRA accounts to invest in Real Estate. Go to his website at http://www.increase-ira-returns.com to find out more about a company that has proven itself over and over again to help grow wealth. Or go to his website at http://www.buying-cashflowing-realestate.com for info about credit investing.
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