“If you are looking to invest within a self-directed IRA, it is extremely important to understand the facts and rules when it comes to prohibited transactions.”
Roseland, NJ (PRWEB) June 09, 2014
Next Generation Trust Services, an administrator of self-directed retirement plans, will host a free interactive webinar for investors titled, “Understanding Prohibited Transactions” on Thursday, June 12, 2014 from 6:30 to 7:30 p.m. Presenting the webinar will be Jared Lopez, sales and marketing coordinator for Next Generation along with Mathew N. Sorensen, Esq., an attorney whose practice emphasizes self-directed IRA law. Sorensen is the best-selling author of “The Self Directed IRA Handbook: An Authoritative Guide for Self Directed IRA Investors and Their Advisors” http://sdirahandbook.com.
Sorensen will give a brief overview of self-direction, followed by a generously timed question and answer segment based on participant’s questions about self-directed IRAs and what types of investments are allowed or prohibited. Anyone who registers for the webinar a may submit their questions on this topic in advance to Lopez at Info(at)NextGenerationTrust(dot)com. He will log the queries and ask co-presenter Sorensen the questions on behalf of participants during the webinar.
With self-directed retirement plans, individuals make all their own investment decisions, usually based on investments they already know and understand, and may invest in a broad array of alternative assets such as real estate, precious metals, commodities, hedge funds and much more. The administrator, such as Next Generation Trust Services, manages all the paperwork, executes the transactions on behalf of the account holder, and handles all the mandatory filing. Certain types of transactions are prohibited according to IRS regulations which will be the focus of the webinar.
“At Next Generation, we always strive to educate the investing public about the various aspects of this retirement strategy,” said Lopez. “If you are looking to invest within a self-directed IRA, it is extremely important to understand the facts and rules when it comes to prohibited transactions.”
Full webinar details and registration information are at bit.ly/1nvgsqG. To find out more about self-direction as a retirement strategy, email Info(at)NextGenerationTrust(dot)com, call (888) 857-8058, or visit http://NextGenerationTrust.com.
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.
About Mathew N. Sorensen
Mathew Sorensen is a Phoenix, Arizona attorney, business owner, and real estate investor. His practice areas include real estate, self-directed IRA law, business entity formation, securities law, estate planning, and general litigation. In addition to self-directed account owners, his clients have included trust companies, financial institutions, insurance companies, hedge funds, investment sponsors, and third party administrators. Sorensen is the best-selling author of “The Self Directed IRA Handbook: An Authoritative Guide for Self Directed IRA Investors and Their Advisors.” He can be reached at Mat(at)kkoslawyers(dot)com.