Self-Directed IRA Advantages- Determine Your Own Destiny
Individual retirement accounts have distinct investing benefits; for example, some of the greatest self-directed IRA advantages include tax-deferred or even tax-exempt earnings! Taking things a step further, self-directed IRAs with American IRA offer the ability to invest in almost any asset you can imagine.
There are also higher-level trends encouraging your adoption of a self-directed IRA. For example, people are living longer. The number of centenarians is doubling roughly every dozen years in the developed world, so you’ll probably need 25 to 30 years of income – a time period that nearly accounts for an entire second career!
Self-Directed IRA advantages also extend over into conversations about Social Security. Current projections predict that the trust fund will be utterly exhausted by 2036. This means that Congress will need to pull out larger and larger amounts from total tax revenues while the tax base is shrinking. Significant cuts will be in order at that point, meaning that starting a self-directed IRA with American IRA is one of the most important ways for you to ensure your financial security.
Interest rates are also close to all-time lows. This means that return on investment is usually lower than usual for most assets, so utilizing all possible self-directed IRA advantages at your disposal is crucial. Self-directed IRAs are far more flexible, enabling you to invest in what you know best in many different asset classes. Pension plans are also continuing to decline, with companies and government organizations scrambling to find ways to reduce pension costs.
You can determine your own retirement account’s destiny with American IRA starting now! If you have any questions about opening a new account, contact us at 1-866-7500-IRA(472) or [email protected]. If you’d like to transfer your existing portfolio, contact us at 1-866-7500-IRA(472) or [email protected].