“We are receiving many more inquiries about self-directed IRAs and have added staff to serve our current and future account holders,” reported Raskulinecz. “
Roseland, NJ (PRWEB) December 10, 2011
Jaime Raskulinecz, founder and CEO of Next Generation Trust Services, LLC, a third-party administrator of self-directed retirement plans, notes certain indicators of a possible uptick in investor confidence. She points to the recent addition of two new employees at her own firm in response to an increase in sales leads and prospect inquiries as a signal that there could be a positive change coming for investors and investment markets. The new employees—Jennifer MacMillan, a former army chaplain assistant who served in Baghdad, Iraq and Stuttgart, Germany and Jared Lopez, who has experience in radio and television production as well as accounting—are currently training for support positions in transaction administration and sales and marketing.
“We are receiving many more inquiries about self-directed IRAs and have added staff to serve our current and future account holders,” reported Raskulinecz. “People want to fund their retirement accounts but are weary of the stock-bond-mutual fund roller coaster we’ve seen over the past decade. For many investors, self-directed IRAs are a great way to build their retirement wealth.” Next Generation Trust Services specializes in comprehensive account administration and transaction support for individuals who choose to self-direct their retirement accounts.
Unlike typical IRAs, self-directed retirement plans allow for a diverse array of nontraditional investments including real estate, precious metals, private placements, commercial paper, mortgages, unsecured loans, and much more. With a self-directed IRA, individuals make all their own investment decisions, usually with investments they already know and understand; in fact, they might already be investing in these instruments outside of their existing IRAs. Self-directed retirement accounts enjoy all the tax advantages of regular IRAs; the self-directed assets are held by a neutral third-party administrator such as Next Generation Trust Services.
Growing to Meet Investor Demand
Raskulinecz said her staff reported increased call volume about self-directed IRAs during 3rd quarter 2011 and she expects the activity to continue beyond 4th quarter into 2012. In addition to the two new employees she is looking to hire another administrative assistant to ensure customers receive the high quality of transaction support they’ve come to expect from Next Generation Trust Services. Although it is based in northern New Jersey, the company does business globally through its website, http://NextGenerationTrust.com.
“We are training Jared to assist with our marketing and sales efforts and we are training Jennifer in transaction support,” said Raskulinecz. Both were hired initially as administrative assistants but were quickly moved into training as support staff in marketing and transaction administration; Raskulinecz plans to add a new administrative assistant to her staff as well.
She attributes part of the boost in recent business to her company’s marketing efforts; she and Operations/Compliance Manager Jennifer Bzik frequently present free educational seminars about self-direction as a retirement wealth-building strategy to individuals and their advisors. Next Generation Trust Services is also a frequent exhibitor at regional trade shows and national industry conferences for professionals such as CPAs, financial planners, attorneys, and realtors, to educate them on how their clients could build their retirement savings with a self-directed IRA.
“The self-directed retirement accounts enjoy all the same tax advantages as regular IRAs and can be a great way for savvy investors to build a more eclectic, and often more lucrative, retirement portfolio through these alternative investments,” she added. Individuals and employers can open all the same types of self-directed retirement plans as they would with a brokerage house: Traditional IRA, Roth IRA, Coverdell Education Savings Account, Health Savings Account, SEP IRA, or SIMPLE IRA.
For more information about self-directed IRAs, contact Next Generation Trust Services at (888) 857-8058, Info(at)NextGenerationTrust(dot)com, or visit http://NextGenerationTrust.com.
About Next Generation Trust
Next Generation Trust Services (NGTS), headquartered in Roseland, New Jersey, is a professional third-party administrator of self-directed retirement plans. NGTS provides education, administrative support, and account maintenance to individuals interested in self-directing their retirement portfolios with a wide variety of investments that are not typically found in an IRA, such as real estate, precious metals, notes and mortgages, private placements, accounts receivables, limited partnerships, hedge funds, and much more. Next Generation Trust Services serves clients globally via its website, http://www.NextGenerationTrust.com. For more information on self-directing a retirement plan, call 973-533-1880, 888-857-8058 (toll free), or e-mail Info(at)NextGenerationTrust(dot)com.