What Are the Benefits of a Self-Directed IRA?
There are many benefits of a Self-Directed IRA! Self-Directed IRAs offer:
Portfolio Diversification: Self-Directed IRAs allow investors to diversify their retirement portfolios to include alternative assets that are generally unavailable to them through a bank or brokerage house. Investors can take a more balanced approach by diversifying their SDIRAs into alternatives in addition to market-based products.
Tax-Advantaged Growth: Self-Directed IRA tax benefits are similar to the tax benefits you see with standard IRAs. Self-Directed IRAs combine the tax savings inherent in retirement accounts with the tremendous growth potential of alternatives.
Freedom From Market Fluctuations: Investors seeking relief from precipitous market fluctuations related to Wall Street investments benefit from Self-Directed IRAs because they can invest in assets with steady and reliable income, such as real estate, and promissory notes, among others.
A New Capital Source: Self-Directed IRAs are the solution for individuals seeking an additional source of capital for desired investments. Many investors would like to enter the alternative market, but their personal funds are tied up. A Self-Directed IRA allows these investors to access such investments with retirement funds.