Yes! In fact, it's becoming more and more popular. The information found below is compliments of the Equity Trust Company. You will find two buttons below. The first button is for frequently asked questions about using your IR; the second using your 401(k).
Most investors have not heard of this before because most custodians do not offer self-directed IRAs or 401(k)s. They only allow you to invest in their approved list of investment, usually limited to CDs, stocks, bonds and mutual funds.
The most important thing to remember is that when you use a self-directed IRA the type of investments you make will be the exact same kind of investments you are making presently. The only difference is that you will be main them in a tax-deferred/free environment.
At Equity Trust our truly self-directed IRA program puts you in the driver's seat. We do not sell investment products and because we are a passive custodian you will not have to worry about conflicts of interest. You are in complete control.
- What is a self directed 401(k)?
- What are the benefits of a self directed 401(k)?
- Why haven't I heard of a self directed 401(k) before?
- My CPA/attorney/financial advisor hasn't heard of a self directed 401(k), what should I do?
- Can I be assured that self directed 401(k)s are allowed under IRS rules?
- Are there special rules I need to follow for self directed 401(k) investments?
- Are my self directed 401(k) investments guaranteed?
- Are self directed 401(k)s for everyone?
