Gain flexibility with a self-directed IRA

Description

Abstract: Traditional and Roth IRAs are considered relatively “safe” retirement-savings vehicles, but a drawback to them is that they limit investment choices. A self-directed IRA provides more flexibility in investment choices with potentially greater returns, including real estate, precious metals, energy and other alternative investments. On the downside, self-directed IRAs are riskier and can lead to unfavorable tax consequences. This article explains how a self-directed IRA affects an estate plan.