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How does a Self-Directed IRA differ from a regular IRA?

April 26, 2017differ IRA regular self-directed

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How does a Self-Directed IRA differ from a regular IRA?

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A self-directed IRA is no different than any other IRA. Having a self-directed IRA simply means you are allowed to direct the investments of the IRA. Many custodians claim they allow you to self-direct your IRA investments, but then turn around and restrict what you can invest in. A truly self-directed IRA allows you to make the decisions without restriction.