What is a Self-Directed IRA?
A Self-Directed IRA is an IRA in which you, the account-holder, are in charge of making all investment decisions. A self-directed IRA provides you with greater opportunity for asset diversification outside of the more traditional stocks, bonds, and mutual funds. A Self-Directed IRA enables you to invest your retirement money into (almost) any alternative investment.
What can a Self-Directed IRA invest in?
Self-Directed IRA investments range from – the more popular – real estate, IRA LLCs, small businesses, private loans, non-publicly-traded funds, and precious metals to – the more exotic – cattle, timber, soy beans, solar farms, and race horses. At Madison Trust Company, we hold more than 100 different types of alternative investments on behalf of our clients.
How come I never heard about this before?
That’s because 97% of retirement accounts are held by the traditional brokerage houses (e.g. Fidelity, Vanguard, and Schwab) who generally only hold stocks, bonds, and mutual funds. Only 3% of retirement accounts are held by Self-Directed IRA Custodians like Madison Trust Company and are invested in alternatives.
How does it work?
Setting-up a Self-Directed IRA at Madison Trust Company is a simple 3-step process:
Step 1: We assist you in opening a new Self-Directed IRA.
Step 2: We assist you in transferring – all or a portion of – your existing retirement money to your new Self-Directed IRA.
Step 3: We invest your retirement money directly into your investment.
It’s as simple as that.
What does it cost?
The basic set-up is $100 ($50 to open your account and $50 to place your investment). Thereafter, we charge a fixed quarterly fee of $75 to maintain your Self-Directed IRA. At Madison Trust Company, our fees are flat-rate; they’re never asset-based. We don’t believe that asset-based holding fees need to be charged to provide outstanding customer service. Our clients all pay the same flat-rate annual fee regardless of the amount in their IRA.
Ready to Get Started?