August 12, 2021

What is a Self-Directed IRA? (Video)

In today's video, Emily Egan, Client Support Specialist at Madison Trust Company, teaches us all about the basics of the Self-Directed IRA and how you can use it as a tool to invest in your retirement!

What is a self-directed IRA?

A Self-Directed IRA is like any other retirement account. You contribute funds, choose assets, and get a tax break in the process. Hopefully, at the end of the road, your retirement account will have enough to support you when you actually retire.

What makes a Self-Directed IRA different?

What makes a Self-Directed IRA different is the choice of assets. In a standard IRA or 401(k), you’ll be investing in stocks or mutual funds or something similar. In a self-directed IRA, you have a much greater choice. You can invest in real estate, start-ups, crowdfunded projects – the sky’s the limit. If you have a great idea for an investment, chances are you can do it with a self-directed IRA.

Are Self Directed IRAs new?

Self-Directed IRAs have always been possible, they’re just not well known. The reason is because most big brokerages deal exclusively with stock market products. By opening an account with a specialized self-directed custodian, you get the freedom to invest in what makes sense to you.

How do you set up a Self Directed IRA?

Setting up is easy. Fill out a short application, roll over your existing retirement funds, and then tell Madison Trust Company what you’d like to invest in. It’s that simple.

Madison Trust Company is the industry’s highest-rated Self-Directed IRA Custodian. Every client receives a streamlined investment process that is optimized for alternative asset success. This includes live customer support, straightforward fees, and industry-leading knowledge. Our CISP trained specialists are always available to get clients the information they need. Currently, Madison has over 11,000 clients across all 50 states growing their funds in alternative assets like real estate, private placements, promissory notes, and more.

Schedule a call today to learn more about investing in alternatives for your retirement.

Still have questions about your investment?

Still have questions about your investment?
Corporate Headquarters:
Madison Trust Company 401 East 8th Street • Suite 200
Sioux Falls, SD 57103
Mailing Address:
Madison Administration Company One Paragon Drive • Suite 275
Montvale, NJ 07645
Monday - Thursday: 9:30AM - 5:30PM EST
Friday: 10:00AM - 4:00PM EST
Saturday/Sunday: Closed
(800) 721-4900
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F: 845-947-1212