Advanta IRA Offers Power Lunch Hour: The Potentials and Pitfalls of Self-Directed IRAs

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Self-directed IRAs give account owners total control in choosing their own investments to build wealth for retirement—offering a large pool of alternative assets to acquire for that purpose. This seminar on October 31 is for investors who want to learn how self-direction works and covers the benefits and risks of these plans.

self-directed IRAs, Advanta IRA
The basis of self-directed IRAs is that the account owners take total control of their own investment choices and funds, which opens the door to a very large pool of alternative investments permissible in these plans.

Self-directed IRAs have become more popular as investors of all levels understand how these accounts work and can potentially boost the earnings of retirement portfolios. Diversity in retirement accounts is crucial. The alternative investments permissible in self-directed plans provide many opportunities for diversification.

“The basis of self-directed IRAs is that the account owners take total control of their own investment choices and funds, which opens the door to a very large pool of alternative investments permissible in these plans,” says Jack Callahan, managing partner of Advanta IRA Administration. “Self-directed plan owners are able to invest in things they know and understand…at their own pace and comfort level.”

Alternative investments include:

  • real estate
  • precious metals
  • private lending options
  • tax liens and deeds
  • private placements and stock
  • LLCs, LLPs and trusts
  • foreign currency exchange and futures trading
  • oil and gas opportunities
  • cattle, accounts receivable, and much more…

During this lunch and learn, Advanta IRA Administration’s Monte Smith, CISP, covers topics across the self-directed spectrum:

  • Prohibited transactions and disqualified persons when dealing with these accounts
  • How self-direction empowers investors to control their own futures
  • The potentials and pitfalls that can occur with self-direction
  • Stories of success and failures clients have experienced

This information is critical for those considering self-directed IRAs for the first time. It is important plan owners understand their level of responsibility and risk—and at the same time grasp the potential these accounts can offer in the right circumstances.

While Advanta IRA Administration does not provide investment advice, the firm does encourage investors to educate themselves on the benefits and risks of self-direction poses. Beginning and sophisticated investors are invited to attend this event.

Lunch and Learn: The Potentials and Pitfalls of Self-Directed IRAs
Date: October 31, 2014
Time: 12:00 – 1:00pm
Location: Advanta IRA Administration, 3525 Piedmont Rd NE, Bldg. 8, Ste. 101, Atlanta, GA, 30305
Cost: No charge. Lunch is provided
Register: Prior to 5:00 pm (EST) on October 30, 2014, by contacting Larissa Greene at (800) 416-8736 x 1140 or email 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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