Everything You Need to Know About Self-Directed IRAs (SDIRA)

If you want to invest in non-traditional assets with your retirement savings, you might find it challenging to do so with IRAs held at brokerages, banks, and other financial firms.

You're likely to be limited to just stocks, bonds, and mutual funds when you have your IRA (individual retirement account) with these institutions.

A self-directed IRA solves this issue by allowing you to take advantage of certain alternative assets.

With self-directed IRAs, you are in charge of your funds and can invest them how you see fit.

This post will reveal everything you need to know about self-directed IRAs and cover some pros and cons of using them.

What Are Self-Directed IRAs? A self-directed IRA is simply a kind of retirement account that allows you to invest in a broader selection of asset classes.

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