Let's Talk About IRA - Blog | Palma Financial Services

If you want to save money on retirement accounts, IRAs are a great way to save, but self-directed IRAs are even better. Let’s talk about IRA! 

Suppose you establish a traditional IRA with a bank, a brokerage, or a trusted company. In that case, you are ordinarily limited to a narrow range of investment options, such as CDs, publicly-traded stocks, bonds, mutual funds, and ETFs. The IRA custodian will not permit you to invest in alternative investments such as real estate, precious metals, or cryptocurrency.

A self-directed IRA could be for you if you want to walk on the wild side and invest your retirement money in assets such as real estate or cryptocurrency.

There are many investment options, such as:

  1. Art
  2. Rare coins
  3. Life insurance
  4. S corporation stock
  5. Real estate
  6. Private businesses
  7. Franchises
  8. Hedge funds
  9. Crypto Currencies

And more!!!

You will need to be careful when choosing one; now the question is: Do you want to be part of the traditional or wild teams? Let’s talk about IRA options. Click here to schedule your “Free Tax Assessment.”