“The retirement industry is heavily regulated but with the array of nontraditional investments allowed through self-direction, it is crucial that we remain on the cutting edge of compliance,” said Raskulinecz.
Roseland, NJ (PRWEB) March 15, 2012
Jaime Raskulinecz, CEO of Next Generation Trust Services, LLC knows how critical it is to stay abreast of all regulatory practices, IRS rules, and investment updates regarding self-directed retirement accounts. She plans to bring back a lot of valuable information to her staff and clients from the annual conference of the Retirement Industry Trade Association (RITA). The event, featuring seminars and panel discussions with government officials and financial industry leaders, will be held from March 27-29, 2012 in Washington, D.C.
“The retirement industry is heavily regulated but with the array of nontraditional investments allowed through self-direction, it is crucial that we remain on the cutting edge of compliance,” said Raskulinecz, whose firm specializes in account administration and transaction support for self-directed IRAs. “Our clients expect us to ensure they are investing according to IRS regulations; these RITA conferences provide administrators of self-directed retirement accounts with the information we need to help our clients as well as tips to help us grow our businesses.” Next Generation Trust Services is a member of RITA, a professional trade association committed to the continued growth and expansion of self-directed retirement plan administration.
Self-directed retirement accounts allow for a diverse array of nontraditional assets including real estate, precious metals, unsecured loans, hedge funds, commodities, and private placements. The investment decisions are made by the individual account holder and the assets are held by third-party administrators such as Next Generation Trust Services which is based in northern New Jersey but does business globally through its website, http://www.NextGenerationTrust.com.
Some topics to be covered at the RITA conference are:
- IRS updates on fees and taxes
- Key developments on the retirement legislative and regulatory fronts
- Anti-fraud measures
- Identifying and resolving compliance problems
Raskulinecz explained that as a neutral administrator of self-directed IRAs her firm does not provide investment advice but rather, offers guidance and education to individuals and their advisors. She attends all major financial industry trade shows and conferences and said that the RITA conferences are especially worthwhile because the focus is on educating trust officers, plan administrators, and service providers in the self-directed retirement plan industry.
“After the recent financial crisis, more people are interested in learning about the options and benefits of self-direction to build their retirement wealth. Therefore, third-party administrators must be ready to answer clients’ questions on a broad range of issues. Our entire staff is cross-trained to be able to address these questions or recognize potential problems with certain investments.”
For more information about self-directed IRAs or the alternative investments allowed in these accounts, contact Next Generation Trust Services at Info@NextGenerationTrust.com or (888) 857-8058.
About Next Generation Trust Services
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.