Here's a really good flow chart from Guidant Financial that shows how to hire this company to set up your Self-Directed IRA so you will meet all the guidelines and have complete control of how it's done. The annual fee they take is amazingly LOW:only $105/year. This is an invaluable tool for self-employed, small business owners to know in order to invest in things that they understand rather than spend thousands of dollars in fees each year at the Big Brokerage Firm and all they do is have some stockbroker dump your money in some unknown mutual fund or the unpredictable Stock Market.
Once you set this up, you actually own your own LLC withcompletecheckbook control to be able to invest in real estate, be a private money lender and invest in Trust Deed Investments that can return 8-12%securedby real estate, and other investment opportunities that you know and understand. The process is really simple and it's great timing to be able to do this and have control of your financial future!
Check out the Diagram below from Guidant Financial:
How it Works
iDirect is the most cost effective, time efficient and value rich product available to self-directed IRA investors. The greatest benefit of iDirect is that it gives the IRA owner total control—there is no participation in the investments by a self-directed IRA custodian, meaning a custodian does not have to process paperwork, complete transactions, notarize documents or interact with your investments.
Because the self-directed IRA LLC structure takes away much of the custodian's administrative participation, the IRA holder doesn't pay additional transactional, special asset-based or holding fees.
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Some Pictures from my Phone to Enjoy:
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| Regular Picture from my HTC-3D phone taken during a foggy morning. |
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| Same picture from above using Google's Photo Enhancer-AMAZING! |
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Awesome explanation about the IRA for the better investing the future. Lots of companies are providing this services like Accuplan and other companies.