Types of Self-Directed IRAs

Types of Self-Directed IRAs 2017-01-10T16:32:49+00:00

Self-directed retirement plans Types-Self-Directed-IRAs

With the ability to invest in assets beyond public stocks and bonds, a self-directed IRA lets you put your unique knowledge and experience to work for your retirement portfolio. Take control of your account and diversify your investments with a much wider variety of venture options, while still having the support of a registered custodian.  

Self-directed IRAs are often called, “Alternative IRAs,” because they offer so many alternative investment options. With so many alternative assets to choose from, you can easily design a self-directed IRA that aligns with your area of financial interest and experience. Here are a few of the most popular Ultimate Self-Directed IRA options from Broad Financial.

The Ultimate Self-Directed IRA

Broad Financial’s Ultimate Self-Directed IRA offers the most flexible, powerful retirement platform on the market. Enjoy the widest range of alternative investment options available, and the freedom and security of Checkbook Control. If you are a U.S taxpayer, you qualify for a self-directed IRA, and if you like the idea of directing your own retirement wealth, you are the perfect candidate for Broad Financial’s Ultimate Self-Directed IRA.

You can hold any combination of alternative assets in the Ultimate Self-Directed IRA, while some investors like to use the platform to focus on certain, specific investments. The Ultimate Self-Directed IRA is also available as a SEP IRA or Roth IRA.

The Ultimate Gold IRA

Gold has been used as a valuable form of currency throughout history. Today, it remains the most popular precious metal for investors. Standard IRAs, however, are usually run through a brokerage, and focus exclusively on stocks and bonds.  

With the Broad Financial Ultimate Gold IRA your investment options are not limited, and you are free to invest in precious metals such as gold.

The Ultimate Real Estate IRA

Have you always been interested in real estate investing, but didn’t know where to get the capital to start? Or are you a seasoned real estate professional who wants to put your experience to work in growing your IRA?

The Ultimate Real Estate IRA allows you to invest in privately owned real estate like rental properties, a vacation home in a popular market, or deals like foreclosed homes at auction prices. You can also use this self-directed IRA to invest with partners or in an REIT.

The Ultimate Roth IRA

Roth IRAs are an excellent investment tool. Guesswork about the final value of the account is eliminated, because you have already paid taxes on your contributions. A Roth IRA can also be a self-directed IRA, and your existing Roth IRAs can easily be rolled over into the Broad Financial Ultimate Roth IRA.

The Ultimate SEP IRA

There are numerous benefits to being self-employed, and a few drawbacks—you can’t blame your boss when you have a bad day, and you won’t have employer-sponsored retirement funds. With the Ultimate SEP IRA, you can use the skills you have acquired running your own business to run your retirement investing as well.

The Ultimate Checkbook IRA

There are two types of self-directed IRAs: a custodian model and a checkbook model. The checkbook model uses a feature called Checkbook Control to allow  you to invest your retirement account by simply writing a check. No paperwork, no waiting, and no custodian fees are involved. Thus the term, “Checkbook IRA” is just another name for a self-directed IRA with the added benefit of Checkbook Control.

Benefits of a Self-Directed IRA

The Ultimate Self-Directed IRA offers the diversification and control that a lot of investors have been waiting for:

  • Build on your own expertise. Self-direction gives you the power to invest in a wide variety of alternative assets not available in traditional retirement plans, such as real estate,  promissory notes, precious metals, business, and more.
  • Invest quickly and easily. Checkbook Control lets you purchase assets in your IRA by just writing a check—no paperwork or authorization required.
  • Secure your own retirement. Hold all of your retirement funds in the bank of your choice, and never worry about who might be accessing your account.
  • Stop unnecessary fees. Checkbook Control also allows you to personally perform transactions through your checking account, eliminating costly and unnecessary custodian fees.

If you’re ready to take charge of your retirement, maximize your own wealth, and get beyond Wall Street, call Broad Financial to start your Ultimate Self-Directed IRA today.

Where are Your Retirement Funds?

If you are uncomfortable with Wall Street stocks and bonds, and prefer to personally invest your savings rather than trusting a financial advisor who may be motivated by by their desire to increase fees, this type of account is ideal for you.

Additionally, if you are interested in truly driving your retirement investing, a self-directed IRA is the dynamic, flexible solution. Contact Broad Financial at (800) 395-5200 today for a personalized review of your current assets. Together we can collaborate on a plan to help you arrive at your ideal financial destination.