Here is a Cost Comparison of Broad Financial's IRAs: To see a comparison of Self Directed IRA structures, please scroll below. Self Directed IRA Fee Structures When researching Self Directed IRAs, you’ll find that there are three basic fee structures: Transaction Fees. In this model there is a low set-up fee, and the account holder […]
Setting up a Self-Directed IRA can be surprisingly simple, and the results give you much greater control over how your retirement funds are invested. Learn how to open a Self-Directed IRA, then contact Broad Financial to get started today!
When you first started driving you had to learn the rules. When you got your first real job, you quickly learned (and sometimes in very imaginative ways) the rules of your new office. When you get a Self-Directed IRA, well… you just have to know the Self-Directed IRA rules. Here’s a quick recap that can […]
I didn’t realize I had a choice. Doesn’t every IRA need a custodian? Absolutely. No matter which IRA you choose, it will need to be held by a custodian. Self-directed IRAs are typically held by specialized Self-Directed IRA custodians. So what do you mean by the choice between a Self-Directed IRA Custodian and Checkbook Control? […]
First Off, What is Checkbook Control? "Checkbook Control" is the term given to two particular types of Self-Directed retirement accounts: A Self-Directed IRA LLC (i.e. a Checkbook IRA) and a Self-Directed Solo 401(k). This is because having either of these two accounts gives you control over your retirement money as if it were a checking […]
Self-directed IRA 1974 – ERISA (Employee Retirement Income Security Act) is enacted, thus enabling the financial product known as the IRA to come into being. 1990s – Responding to consumer pressure for investment choice in their IRAs, a number of trust companies that allow for self-direction enter the IRA arena. 1996 – Previously, James Swanson […]
Real Estate Retirement Advantages Retiring with real estate is an excellent direction for those who have a feel for the local property market, or as an alternative for standard Wall Street assets. When you invest your IRA or 401(k) in real estate, you’ll find a number of financial advantages that aren’t present in other asset […]