Well, you probably already know what a self-directed retirement plan is since you are researching the subject! While many people are familiar with self-directed IRAs, more and more folks are learning of self-directed (or self-administered) 401(k) plans due to the unique benefits of those plans.
Is a Self-Directed IRA or 401(k) a New Type of Plan?
A self-directed IRA or 401(k) is not a new plan. It is not a “special” type of IRA or a unique type of 401(k).
That said, self-directed IRAs and 401(k)s are also not necessarily household words either. But your ability to self-direct an IRA or 401(k) has been around for years.
Learn to Invest in More than Stocks, Bonds and Mutual Funds
True self-direction is not letting someone else invest your retirement funds. Instead, you assume full and complete control.
Of course, it is then YOUR responsibility to comply with the law. Various governmental rules (IRS, DOL) need to be observed, but that’s a small price to pay for the freedom you will possess and the powerful investment tool you’ll have at your fingertips with checkbook control of your retirement assets.
No more being limited to the world of stocks, bonds and mutual funds.
A seemingly endless supply of investment options become available, including, but not limited to:
Trust Deeds, Mortgages & Mortgage Pools
Private Notes and Loans
Private Stock Offerings
Limited Liability Companies (LLCs)
Limited Partnerships (LPs)
Stocks, Bonds, Mutual Funds (yes, even from a self-directed account)
And, speaking of stocks, bonds and mutual funds, enjoy the ability to invest in both traditional (e.g,. mutual funds) and non-traditional (e.g., real estate) assets ALL FROM ONE ACCOUNT.
No need to worry about establishing a separate self-directed account. Make both types of investments from the same account.
In this exciting and rewarding world, you can invest as YOU see fit. Invest in assets where you have more comfort…where you have more of an information advantage…where you can maximize your returns.