SproutNews logo

American IRA Explains Five Reasons for a Self-Directed IRA

ASHEVILLE, NC / ACCESSWIRE / September 26, 2020 / Are there five reasons to invest right now? That is the question handled at a recent post at American IRA, a Self-Directed IRA administration firm. In a new post on their blog, American IRA tackled the topic of crisis investing. Given the nature of the COVID-19 pandemic and the shock to the economy, it is understandable if many people who are losing their jobs are not thinking about retirement investing. But the post at American IRA points out that these can be advantageous times to invest for people who are looking for unique buying opportunities.

The post does not make specific investment advice but does offer guidelines for retirement investors to understand how a Self-Directed IRA could potentially benefit an individual family's bottom line. For example, using a before-tax retirement arrangement can create wiggle room for an investor who continues to invest but wants to reduce their tax burden by the time of the next tax return.

That is one of the reasons that American IRA lists, but the blog post, which talks through five reasons, also addresses how a Self-Directed IRA offers different opportunities than many retirement investors are used to. For example, retirement investors may be used to stock and bond funds as traditional avenues for investing. But the Self-Directed IRA makes it possible for investors to use rental income from real estate, under the right circumstances, within a retirement account. Other possible retirement assets within a Self-Directed IRA include tax liens, private companies, Single Member LLCs, and even precious metals.

"There are a lot of reasons to think about investing in a Self-Directed IRA," said Jim Hitt. "But what about during unique economic times? People are going to find it harder. But it is important to remember that there are different things that investors can use to build retirement wealth for themselves. And a Self-Directed IRA is a great way to broaden one's investment horizons when it comes to their retirement nest egg."

For more information on the Self-Directed IRA, interested parties may call the Self-Directed IRA administration firm American IRA by dialing 866-7500-IRA. The blog is available at www.AmericanIRA.com.

About:
American IRA, LLC was established in 2004 by Jim Hitt, CEO 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 $400 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 and Atlanta, GA.

SOURCE: American IRA, LLC

ReleaseID: 605800

Go Top