Is a self-directed IRA right for you?
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Description
Abstract: Traditional and Roth IRAs can be powerful estate planning tools. With a “self-directed” IRA, a person may be able to amp up the benefits of these tools by enabling them to hold nontraditional investments that offer potentially greater returns. However, self-directed IRAs present pitfalls that can lead to unfavorable tax consequences. This article explains the ins and outs of a self-directed IRA.
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