Investing in “non-traditional assets” with my self directed IRA. What does that mean exactly?
The Internal Revenue Code does not identify specifically which investments qualify for investment by an IRA. But, the Internal Revenue Code does identify which investments are not permitted in an IRA. Under both the Internal Revenue Code Section 401 (IRC ยง 408(a) (3)) and ERISA, there are only two types of investments excluded: life insurance contracts and collectibles such as works of art, rugs, jewelry, etc. Your truly self directed IRA allows you to select your own investments. Except those asset types that are prohibited by the Internal Revenue Code and Regulations.