Entries by Jim Hitt

The Fundamentals of Understanding Self-Directed IRAs

Many people have heard of Self-Directed IRAs. In fact, some people may even have Self-Directed IRAs that they do not do a lot with. But why do people avoid taking action on these powerful retirement strategies? Simple: they do not know what they do not know. To that end, it is important to explore why […]

Understanding a Self-Directed IRA for Private Lending

Ask most people about what the typical retirement assets are, and you will probably get one of a few answers. Stocks. Bonds. Stock funds, bond funds. For many people, retirement investing is simply a way of choosing between the different variables possible within just two asset classes. But if you use a Self-Directed IRA, you […]

Why Aren’t Self-Directed IRAs More Mainstream?

Given that a Self-Directed IRA makes it possible for investors to take the reins over their own retirement future, it is easy to think that they should be more popular. Back in 2017, when the American IRA blog looked at this very issue, we found statistics that suggested there were about half a million Self-Directed […]

Self-Directed SIMPLE IRA FAQ: What You Need to Know

The Savings Incentive Match Plan for Employees, also known as the Self-Directed SIMPLE IRA, might have the name “simple.” But when investors start reading about it, it is easy for their eyes to roll. “SIMPLE? How simple is this, really? It sounds complicated!” The good news is that a Self-Directed SIMPLE IRA plan does not […]

Are Hardship Distributions Possible with a Self-Directed IRA?

For many, the idea of using a Self-Directed IRA for retirement is daunting. And that’s not always because investors are intimidated by the wide array of options they can use when investing with a Self-Directed IRA, including assets like precious metals, real estate, and more. Instead, some people are worried about “locking up” that much […]

What Are the Advantages of a Self-Directed Traditional IRA?

The Self-Directed Traditional IRA is the oldest style of retirement investment account in the United States that is still used today—they were first established in 1974 as the first IRAs, and became available for investing in 1975. To many investors, that may make the Traditional IRA sound outdated. New IRAs have come out since then, […]