Las Vegas, NV (PRWEB) January 29, 2007
SelfDirectedIRA.org (http://www.selfdirectedira.org) has implemented a new consumer website providing an online source for news, instruction, strategies and tips for implementing a truly self directed IRA.
Due to fact that we are a society concerned with providing adequately for retirement, there has developed a need for a source that the consumer may use to obtain the information necessary to fund their retirement programs in the most effective manner.
SelfDirectedIRA.org provides visitors with step by step instructions for creating a self-directed IRA.
Self Directed IRA's are the investment vehicle that savvy investors are using to control their own future retirement. Instead of relying on tradional investments such as stocks and mutual funds in their IRA accounts, investors are taking the next step and putting their retirement funds to work in higher yield investments such as real estate and mortgages using a self directed IRA..
In order to have a truly self directed IRA you must have a custodian that allows for investments to be truly self directed. Most custodians only allow investments in a narrow range of traditional categories such as stocks and mutual funds. These investments are usually purchased through the custodians own affiliate brokerage companies. Thus, the IRA holder is and remains a captive customer of the custodian.
SelfDirectedIRA.org provides information for:
Establishing an IRA with a custodian that permits self directed IRA's
Arranging for limited liability company formation
The precise step by step instructions involved in the establishment of a "checkbook control" self-directed IRA
SelfDirectedIRA.org offers individuals who have the ability and confidence to make and manage their own investments and decisions the opportunity to quickly and efficiently establish a a self directed IRA through a do it yourself process.
Using a "checkbook control" self directed IRA enables the investor to purchase investment without the need for custodian approval of each investment and eliminates the fees normally charged for each approval. It will also reduce the annual adminstration fee normally charged for each account.
A Self directed IRA empowers the investor to make the type of investments not normally made through a traditional IRA such as real estate, mortgages, and notes among many other types of investments.
Investors should be cautioned that a self directed IRA is not suitable for all investors. An investor who is not confident in their own ability to evaluate and make investments should probably remain with the traditional type of IRA managed by "professionals" who are better versed in the investment field.
Investors can also choose to have their self directed IRA formed with the assistance of Self DirectedIRA.org. We can do so at a cost savings that is very substantial over other sources.
SelfDirectedIRA.org through relationships established with major financial institutions, qualified custodians and vendors, enables the consumer find the proper resources and also provides links directly to their websites. Each of the websites listed on the SelfDirectedIRA.org site are investigated and reviewed. The SelfDirectedIRA.org site is updated frequently with new and relevant content from all major sources providing consumers with up to the minute information about Self Directed IRA's.
SelfDirectedIRA.org provides education through informative articles including tips and strategies money management. Visit the site at http://www.SelfDirectedIRA.org