Traditional IRA Accounts or Self-Directed IRA's?
November 25th, 2008 -- Posted in Retirement, Wealth Strategies | No Comments »Most people are aware of traditional IRA’s, ROTH IRA’s, 401K’s, etc. Have you ever thought of a self-directed IRA though? For those of you who may not be familiar with this type of IRA, it’s an alternative. An alternative to the stock market, bonds, and mutual funds, but with the same "rules" for withdrawals and taxation. For years people have been using this vehicle to "invest out of the box ", but it’s now becoming even more popular since the average IRA has decreased in value by about 40%.
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