What is a Self-Directed Individual Retirement Account?
A self-directed IRA is an IRA that requires the account owner to make his or her own investment decisions on behalf of the retirement plan. IRS regulations require that the self-directed IRA account’s assets be held by a qualified trustee or custodian. The main benefits of self-directed IRA accounts are that they are not limited to just stock, bonds, and mutual funds. These accounts can invest in real estate, trust deeds, franchises, mortgages, tax liens, foreign currency, private equity, etc.
