Welcome to Our World....

House Logic Blog info.....

Monday, April 19, 2010

Self Directed IRA's

Self Directed IRA


Are you disappointed with the returns or are you worried about the safety of your Individual Retirement Account (IRA)? Have you suffered losses in the value of your retirement plan? Do you need to rollover your 401K plan? Are you seeking a safer alternative than the stock market for your retirement investments?

Then you need to have direct control of your IRA, 401k or other retirement funds using a Self Directed IRA LLC with Checkbook Control.


There is an emerging and growing trend among smart and savvy Individual Retirement Account (IRA) owners (including traditional, Roth IRA, SEP-IRA and 401k plan owners) who are taking direct control of their financial future and using their retirement funds in their own truly Self Directed IRA LLC with Checkbook Control to make alternative investments of their choice.


They are using that Self-Directed IRA LLC to purchase non-traditional investments such as real estate investments (including international real estate), mortgages and trust deeds, tax liens, private partnerships, private placements, hedge funds, factoring, gold & silver, limited liability companies (LLC's), business opportunities, making investments in Forex and much more.


Self Directed IRA LLC with Checkbook Control


By using a Self Directed IRA LLC to make the investment you as the manager of the LLC, will have checkbook control of your retirement funds...you will make the decisions of when and where your retirement funds will be invested.


When you find an investment that you want to purchase...you write a check from your Self Directed IRA LLC bank account to purchase the investment product in the LLC's name. There is no need to obtain approvals from your custodian. There are no time delays in awaiting approval from your custodian. There are no review fees and transaction fees to pay.


Banks and brokerage companies - the most common IRA account custodians - limit your choices to certificates of deposit, stocks, mutual funds, annuities, and similar financial instruments as it is in their own self interest to do so - they make their money from the sale of these types of investments and they generally only offer their own captive (commissionable) products to their Self-Directed IRA account holders.


If the option of using tax-deferred funds to purchase investments, property or mortgages in your retirement planning sounds appealing, you will need an independent IRA Custodian that permits truly self-directed ira investments. By using an independent IRA custodian that does not offer affiliated investment products, you will have the ability to direct your retirement funds invested to any qualified investment that meets your investment requirements.


Section 408 of the Internal Revenue Code permits individuals to use a self-directed IRA to purchase real estate investments such as commercial property, condominiums, residential property, international real estate, mortgages, trust deeds, real estate contracts, private placements, limited partnerships, limited liability company's (LLC's), and many other types of investments with retirement funds held in many common forms of IRAs, including 401k's, Traditional IRA, Roth IRA, and Simplified Employee Pension Plan or SEP-IRA. (see IRS Publication 590 Individual Retirement Arrangements).


Using a Self-Directed IRA LLC with check book control in your financial planning will put you in control of your retirement funds and will enable you to determine how , when and where your retirement plan and pension plan funds are invested.

The topics on our menu under "Ten Steps to a Self Directed IRA" will give you a complete overview of the necessary steps needed to set up a Self Directed IRA LLC with checkbook control.

CONTACT ROBERT F. PINA Today for more info....... 937.270.5437 or robert@robertpina.com

No comments:

Post a Comment