Entries by Jim Hitt

Self-Directed IRAs: The Freedom to Invest in Alternatives

When your IRA is managed by an entity of your employer’s choosing, you may be limited to traditional options. When you choose to open a Self-Directed IRA, however, the range of options becomes much broader. With a Self-Directed IRA, you are afforded the freedom to invest in non-traditional assets. In this guide, we will outline […]

Frequently Asked Questions about the Self-Directed SIMPLE IRA

Some of the most frequent questions we get here at American IRA deal with the differences between retirement accounts. What separates them? What do they stand for? What are their peculiar rules? And because it’s important to establish these ground rules, we sometimes respond to these answers with a round of FAQ. Today, we are […]

A List of Potential Assets in a Self-Directed IRA

Self-Directed IRAs go back as far as the first Traditional IRAs, authorized by Congress in 1974. Since then, many people have taken advantage of these retirement accounts to build a sizeable nest egg for their retirement. Yet you’d be surprised at how many people don’t know the full range of potential asset types they can […]

Due Diligence: Protecting Your Self-Directed IRA

Before you open a Self-Directed IRA, it’s imperative that you understand that your investments are your responsibility. Of course, you may have enlisted the help of a financial advisor, and you are required to secure a custodian for your account. Understanding that you have more responsibilities with a Self-Directed IRA is paramount; however, remember that […]