Advanta IRA Hosts Nationwide Webinar: Lending Money Using a Self-Directed IRA

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IRS rules permit the option for self-directed IRA owners to lend money from their plans to others in order to build tax-free or tax-deferred income for retirement. AdvantaIRA Trust is holding this webinar on October 22 to further educate investors on how their IRAs can be the bank in these transactions.

This national webinar covers in detail the ways to lend money on your own terms and receive interest payments tax-free or tax-deferred in a self-directed IRA,” says Dave Owens, Managing Partner for Advanta IRA. “We want to teach you how to be the bank!

IRS rules permit the option for self-directed IRA owners to lend money from their plans to others in order to build tax-free or tax-deferred income for retirement. AdvantaIRA Trust is holding this webinar on October 22 to further educate investors on how their IRAs can be the bank in these transactions.

A self-directed IRA gives clients the option to invest outside of the typical stocks or bonds and acquire alternative assets such as real estate or notes. Notes are also referred to as a loan or mortgage. When using an IRA to loan money the loan type can be secured or unsecured. Typical loans that Advanta IRA sees are safe, secured loans with the property used as collateral. When lending money out of a self-directed IRA the client has the ability to choose the terms of the note. All interest payments are deposited into the IRA and are tax-sheltered transactions. This means that all interest payments which are paid back to the account are tax-free.

Lending money using a self-directed IRA is simple and most investors do not realize that they can make these types of investments using any self-directed retirement account. Investors can lend money out of select retirement accounts such as 401(k)s, traditional, Roth, SEP, and SIMPLE IRAs. Using a self-directed IRA to make investments is a good way to build wealth by deferring taxes. Other investments allowed in these plans consist of checkbook control LLCs, private placements, private stock, precious metals, foreign currency, and livestock. The only two prohibited investments are life insurance and collectibles.

“This national webinar covers in detail the ways to lend money on your own terms and receive interest payments tax-free or tax-deferred in a self-directed IRA,” says Dave Owens, Managing Partner for AdvantaIRA Trust. “We want to teach you how to be the bank!” The presentation is offered at no cost and can easily be viewed online in the convenience of a home or office. Lending money from a retirement account is one of the many ways to diversify a retirement or investment portfolio, while saving thousands of dollars in taxes.

Event: Webinar - Be the Bank: Lending Money Using a Self-Directed IRA
Date: October 22, 2014
Time: 2:00-3:00 pm EST
Location: Online
Cost: No cost
Register: To register email Brenda Whetsell at Brenda(at)AdvantaTrust(dot)com

About AdvantaIRA Trust

AdvantaIRA Trust is a self-directed IRA administrator that provides tax-deferred and tax-free investment opportunities, superior customer service, and educational tools to assist investors in realizing the maximum benefits possible within IRAs. AdvantaIRA makes it easy to use self-directed retirement plans to invest in assets that the individual investor knows, understands, and can control. To learn more visit www(dot)AdvantaIRA(dot)com.

About Dave Owens

Dave Owens is the managing partner at AdvantaIRA Trust in Fort Myers, Miami, Gainesville, New England, and the Florida Panhandle. Owens opened the AdvantaIRA Trust headquarters in Fort Myers, FL in 2003. His background as a certified public accountant, combined with a long history of personal retirement self-direction, provides his audiences and clients with solid advice and practical solutions to their IRA investment questions. Dave holds a BS in accounting from Purdue University. He also earned the prestigious Certified Exchange Specialist designation through the Federation of Exchange Accommodators.

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Brenda Whetsell
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