Advanta IRA Services Hosts Lunch and Learn Designed to Educate Investors on the Pros and Cons of Self-Directed IRAs

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Self-directed IRAs are retirement accounts that hold investments chosen by the owners of these accounts. Self-direction gives individuals control over their own investment choices, allowing a myriad of alternative investments such as real estate, private notes, precious metals and much more.

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Alternative investments including real estate, rental properties, LLCs, precious metals, futures and foreign exchange, private placements—and much more—are popular investments in self-directed IRAs.

As knowledge of self-directed IRAs grows, investors are learning these investment tools can potentially build wealth towards retirement at a faster pace than the traditional stock, bond or mutual fund. The most attractive aspect of a self-directed IRA is that owners are able to invest in what they know, understand, and can control. “Alternative investments including real estate, rental properties, LLCs, precious metals, futures and foreign exchange, private placements—and much more—are popular investments in self-directed IRAs,” says Jack Callahan, Managing Partner of Advanta IRA Services, in Largo, Florida. In fact, the only items not allowed as assets as determined by the IRS are collectibles and life insurance policies.

“As simple as it sounds, there are critical regulations that govern self-directed retirement plans and if these rules are not followed, the consequences can be disastrous,” says Callahan. Not following these rules can result in heavy penalties or even disqualification of the retirement account in question.

While Advanta IRA Services does not provide investment advice, the company—a widely known self-directed IRA administrator—offers a vast educational curriculum to clients and other investors designed to teach these individuals about the benefits of self-directed retirement accounts.

On December, 2013, Advanta IRA Services is hosting a lunch and learn at no cost to clients and other investors that will cover the top ten things to do and not to do regarding self-directed retirement accounts. Events like this one are offered by Advanta IRA and are designed to provide investors with knowledge that helps investors understand the potential of success and also the ramifications of failing to follow the rules when utilizing self-directed IRAs.

Event: Lunch & Learn – Top Ten Things To Do and Not To Do with a Self-Directed IRA
Date: December 6, 2013
Time: 12:00 – 1:30pm
Location: 13191 Starkey Road, Suite 9, Largo, FL 33773
Cost: No charge, lunch is provided.
Register: Prior to 5:00pm on Thursday, December 5, 2013, by contacting Larissa Greene by phone at (727) 581-9853 x 1123, or by emailing lgreene(at)advantairagroup(dot)com.

About Advanta IRA

Advanta IRA Services, located in Largo, Florida, has been in operation for over 10 years, providing administrative service to owners of self-directed IRAs throughout the Tampa Bay and Sarasota, Florida regions. Advanta IRA Administration offers a second location serving the Atlanta, Georgia area and surrounding regions. Both offices are managed by Jack Callahan, J.D., CFP™. Advanta IRA offers classes, seminars and other educational tools designed to assist clients in managing self-directed IRAs by investing in real estate, notes, private placements and other non-traditional assets that have the potential to maximize IRA earnings on a tax-free or tax-deferred basis.

About Jack Callahan

Jack M. Callahan, J.D., CFP™, is the managing partner at Advanta IRA Services in Largo, FL and Advanta IRA Administration in Atlanta, GA. Jack established the corporate office, Advanta IRA Services, in 2003. Prior to that, Jack delivered specialized counsel to real estate investors, small business owners and real estate professionals on tax, legal and financial matters. As an industry expert, Jack is a frequent speaker on the topic of self-directed retirement plans and an accredited continuing education instructor for the Florida and Georgia Bar Associations, Florida and Georgia Real Estate Commissions, and The American Institute of Certified Public Accountants. He earned his bachelor of science degree in finance and multinational business from Florida State University and his law degree from the University of Florida College of Law.

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Scott Maurer
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