Retire Rich with Your Self-Directed IRA : What Your Broker & Banker Don't Want You to Know About Managing Your Own Retirement Investments

Self-directed IRAs have been around for years, but they've been gaining popularity recently among do-it-yourself investors. If this type of investment appeals to you, experts warn that they aren't for everyone, and there are pitfalls associated with self-directed IRAs that could end up costing you money if you aren't careful. Self-directed IRAs have been around for years, but they've been gaining popularity recently among do-it-yourself investors. If this type of investment appeals to you, experts warn that they aren't for everyone, and there are pitfalls associated with self-directed IRAs that could end up costing you money if you aren't careful. Recently, many smart investors have exited the stock market because they have lost control of their investments. They have relied on the advice and skill of their brokers, bankers, and financial advisers. Many retirement accounts have dwindled or plateaued. Fortunately, there is a great but little-understood alternative: the self-directed IRA. This book will teach you how to turn your IRA into a wealth-building tool that you have complete control over. This revised edition of Retire Rich With Your Self-Directed IRA will give you the tools you need to take control of your investments. These self-directed IRAs make it effortless for you to build up and keep hold of your IRA money. In this book, you'll find out how to benefit from the new IRS regulations that impact IRAs and how to stay away from problems. The self-directed IRA lets you act as your own investment manager. Learn how to set up your account with a custodian or IRA administrator to deal with the day-to-day activities, such as depositing contributions and executing and settling investment transactions. It's easy, fun, and it puts you back in control of your retirement account. The authors combine essentials, insight, and insider secrets to secure a financial victory after retirement. In this completely revised and updated second edition, investors learn about the self-directed IRA and how to turn an IRA into a wealth-building tool that you control! Find out how to benefit from IRS rules and avoid problems. New IRS regulations and the self-directed IRA make it effortless to build up and keep hold of IRA money. With a self-directed IRA you can purchase real estate, a business, or invest in tax liens, stocks, or any investment allowed by IRS regulations. Learn how to set up your account with a custodian to deal with the day-to-day activities, and reap the benefits