“Sure, I’ve thought about a Self-Directed IRA, but it sounds too complicated.” Sound familiar? If it’s something you overheard at a barbecue, you know that the Self-Directed IRA sometimes sounds inaccessible to the average investor. Too complex. Too much paperwork. Heavyhanded fees. Right?

Wrong. Self-Directed IRAs mean more freedom and less restriction when you use them right. The key is to find a Self-Directed IRA specialist who can help you handle the complexities of Self-Directed IRA investing. Once you have the right team in your corner, you may discover that the investment process is far simpler than you ever imagined. And the rewards from investing with more freedom? It can be hard to put a dollar value on those—except when you check the value of your account.

Why Go with an IRA Specialist?

For many investors, the typical path to retirement is simple. Find a traditional brokerage. Open an account. Talk it over with an advisor. Invest. Keep putting money aside every month, and hope that the stock market does well.

But not everyone wants that beaten path. They want to try investments they know better—investments like real estate, or private companies. And when you decide to take control of your investments through a Self-Directed IRA, the landscape changes. Suddenly, you’re faced with a broader array of investment options. Real estate, precious metals, private placements, tax liens? They’re all possible investments in a Self-Directed IRA. While this variety is a significant advantage for retirement investors, it also introduces a level of complexity that can feel overwhelming. That’s where an IRA specialist comes in.

An IRA specialist with expertise in Self-Directed IRAs understands the rules and regulations that govern these accounts. They can guide you through the maze of IRS requirements. And with their supervision, they’ll help ensure your investments comply with tax laws. For instance, did you know that certain investments within a Self-Directed IRA can lead to Unrelated Business Income Tax (UBIT) or Unrelated Debt-Financed Income (UDFI)? An IRA specialist will help you understand these potential pitfalls and ensure that your investment strategy remains compliant with the rules.

What Does an IRA Specialist Do?

An IRA Specialist, sometimes known as a Self-Directed IRA administration firm, can simplify the paperwork and administrative tasks that often deter investors from pursuing Self-Directed IRAs. They can assist in setting up the necessary structures, such as LLCs for real estate investments, and ensure that every transaction gets its proper documentation. This level of support can turn what seems like a daunting process into an efficient one. And certainly not a scary one.

Another key benefit of working with an IRA specialist? Their ability to help you develop a customized investment strategy. Rather than sticking to the limited options available through traditional retirement accounts, you can work with your specialist to find out what’s available. Whether you’re interested in investing in a start-up, purchasing rental properties, or diversifying with alternative assets like gold and silver, an IRA specialist can provide the insights to help you make decisions for yourself.

Think of it this way. An IRA specialist acts as your partner in handling the complexities of Self-Directed IRA investing. That’s a major boost if you feel Self-Directed IRAs are too intimidating. With their help, you can unlock the full potential of your retirement savings, enjoying the freedom to invest on your terms while avoiding the pitfalls that can trip up less-informed investors.

Want to know more about how it works? Want to reach out to an IRA specialist today? Give us a call at 866-7500-IRA and tell us what you had in mind. We’ll tell you how we can guide you to your next steps in Self-Directed IRA investing.