Self-Directed SEP IRA Investing: Benefits Investors Need to Know
One of the great not-so-secret tools for retirement investors is a Self-Directed SEP IRA, which is why American IRA released a post explaining its benefits.
ASHEVILLE, NORTH CAROLINA, USA, May 3, 2023/EINPresswire.com/ -- Small business owners have more options for retirement than many appreciate. One such option, according to a recent post at American IRA, is the Self-Directed SEP IRA. This account feature high contribution limits, plenty of flexibility for investors with variable incomes, and generally offers investors more options for investing in retirement. And by using Self-Direction, investors can use the account in a wide variety of ways, from investing in real estate to investing in precious metals or private stock.American IRA’s recent post helped highlight the benefits of investing with a Self-Directed SEP IRA. But it began by explaining the account itself. The SEP IRA is the Simplified Employee Pension IRA, which means that it’s for businesses. However, because many businesses are one-person teams, it’s a valid choice for an individual who wants to make individual retirement contributions without much complication. And because of its high contribution limits, it also makes it possible for investors with a lot of income to put more money towards retirement. After all, Traditional and Roth IRAs may be flexible, but their contribution limits are much lower.
American IRA explained that contributions were just one benefit of investing this way. Using self-direction also makes it possible for investors to hold all sorts of assets within a retirement account. And with self-direction, the investor has more control. This is a great fit for many solopreneurs and entrepreneurs who establish SEP IRAs, as it can be a very independent and flexible way of investing. And that can suit entrepreneurs perfectly well.
American IRA finished the post by exploring who a Self-Directed SEP IRA might be right for. It’s not for everyone, as it requires having a business or self-employment source of some sort. However, for those who do make a good fit, SEP IRAs can be the great “secret weapon” of retirement investing.
The Self-Directed IRA administration firm regularly releases information and guides for investors looking to learn more about Self-Directed IRAs. For more information, visit the post by clicking to www.AmericanIRA.com. Interested parties may also reach out to the Self-Directed IRA administration firm American IRA by dialing 866-7500-IRA.
About:
"American IRA, LLC was established in 2004 by Jim Hitt, Founder in Asheville, NC.
The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Jim Hitt and his team have grown the company to over $600 million in assets under administration by educating the public that their Self-Directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.
As a Self-Directed IRA administrator, they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms). They are not responsible for and are not bound by any statements, representations, warranties, or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term "they" refers to American IRA, located in Asheville and Charlotte, NC."
Michelle Parparian
American IRA, LLC
+1 828-257-4949
email us here
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
