August 12, 2021

What is a Self-Directed Retirement Account?

In today's video, Daniel Gleich, CEO & President 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 Retirement Account?

A Self-Directed IRA is like any other retirement account: You contribute funds, choose assets, and get a tax break in the process. However, a Self-Directed IRA gives you a lot more control over your investments. Hopefully, your retirement account will have enough to support you once you retire.

In the video above, Madison Trust client support specialist Emily Egan comprehensively answers the question, "What is a Self-Directed retirement account?" But if you need to know more, we'd be glad to give you all of the information you need to make the financial decision that's right for you.

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, bonds, or mutual funds. With a Self-Directed IRA, you have a much greater range of options. You can invest in real estate, start-ups, and crowdfunded projects: the sky's the limit! If you have a great idea for an investment, chances are that 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 that 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, transfer or rollover your existing retirement funds, and then tell Madison Trust 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.

Madison Trust Company is the industry's highest-rated Self-Directed IRA custodian. Every client participates in 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 Trust has more than 15,000 clients across all 50 states growing their funds in alternative assets like real estateprivate placementspromissory notes, and more.

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


Got Questions?

Speak with a Self-Directed IRA Specialist.
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Madison Trust Company
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