Self-direction provides savvy investors access to what is likely their greatest source of wealth to invest in what they know.
Riverton, UT (PRWEB) November 01, 2013
Veteran self-directed IRA and 401(k) plan service provider, American Pension Services, Inc.® (APS®), announces Curtis L. DeYoung, Founder, President, and CEO, will appear in the November issue of Personal Real Estate Investor Magazine. An industry pioneer, DeYoung is acknowledged as one of the nation’s leading self-directed IRA and 401(k) authorities. In his Personal Real Estate Investor article, DeYoung highlights that with the correct information and an experienced administrator, real estate investors are merely steps away from the flexibility to invest their IRAs and 401(k)s tax-free and penalty-free in their field of expertise.
Laced with industry observations, DeYoung’s article plays on the inherent irony of investing in what you don’t know, noting that self-direction provides experienced investors an alternative, “Self-direction provides savvy investors access to what is likely their greatest source of wealth to invest in what they know.” DeYoung continues, “Why wouldn’t a realtor buy real estate in their IRA or 401(k)? Why wouldn’t a mortgage broker buy notes in their retirement plan? Why wouldn’t a property manager buy rental properties in their 401(k)?”
DeYoung’s article also provides a basic how-to on transitioning IRAs and 401(k)s to self-directed retirement plans. DeYoung emphasizes that an important component of rewarding self-direction is an outstanding administrator, “Because self-direction is a specialized area of the retirement industry, it is important you select an administrator with a long track record, and a penchant for efficiency and excellent customer service. I would caution that while cost is an important consideration, it is more important that your administrator be capable of providing the expertise and service you will ultimately require for successful self-direction.”
The November issue of Personal Real Estate Investor Magazine will be available electronically and on newsstands November 1, 2013. The extended version of DeYoung’s article is available for download on American Pension Services blog: blog.americanpension.com.
About American Pension Services: A pioneer in the field of genuine self-direction®, Curtis L. DeYoung founded American Pension Services in 1982 for the purpose of allowing investors to self-direct their retirement funds as broadly as the law allows. APS is a neutral third-party administrator with over 30 years of experience. American Pension administers a variety of self-directed retirement plans including self-directed IRAs, self-directed Roth IRAs, and self-directed 401(k)s. APS is the recipient of ExpertPlan's 2012 Partner of the Year Award, and distinguished as Best of State 2013. DeYoung is a member of Ed Slott’s Master Elite IRA Advisor Group, has appeared on CNBC Power Lunch, in the Wall Street Journal, and other financial publications. American Pension Services is located in Riverton, Utah.