Self-Directed 401ks: Flexibility in Your Retirement Fund


Do you own a small business and would like to benefit from having a 401k retirement plan? Do you like knowing exactly where your retirement money is being invested? Consider self-directed 401ks!

When you work as a paid employee for another company, your employer can automatically enroll you in a 401k plan. These plans often use default funds and rates and have limited flexibility unless they are specifically altered. Although this type of 401k plan may feel simple and hassle-free, it is often not available to certain types of small businesses and might not allow your contributions to grow as much as you want them to.

As a self-employed individual, you have the sole responsibility of putting together your own 401k plan. Although contributions to your 401k plan used to be limited in the past, the Economic Growth and Tax Relief Reconciliation Act of 2001 allowed small businesses to have higher contribution limits. This means that you may be qualified to take advantage of self-directed 401ks that give you total control over where your money goes.

When you choose to open a self-directed 401k, you can specify exactly which types of investments you want to make, and which ones you don’t. For example, would you rather see your retirement money grow in precious metals rather than in mutual funds? Are you interested in investing in tax liens or real estate instead of stocks? With self-directed 401ks you can!

American IRA is a leader in self-directed 401ks, so they can help you feel secure and confident in your retirement fund. Click here for more information on self-directed 401k programs, or call 1-866-7500-IRA(472).

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].


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