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What is a self-directed IRA custodian?

custodian IRA self-directed
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What is a self-directed IRA custodian?

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As defined in IRC ยง 408(n), the custodian is actually a bank or savings and loan institution. For a self-directed IRA to exist, it needs to be held with a custodian who will allow investments into non-traditional investments. There are not too many of these types of custodians.

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