American IRA Discusses Combining Roth and Traditional Accounts in a Self-Directed IRA

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Which mix of retirement accounts might be the best for investors? Those considering a Self-Directed IRA might take note of a recent article posted at American IRA’s website.

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American IRA CEO, Jim Hitt

Investors can have both Self-Directed Roth IRAs and Self-Directed Solo 401(K) plans

The Self-Directed IRA can intimidate some of those investors new to the idea of retirement investing—especially if it sounds like a large commitment. But a recent post at American IRA highlighted how different accounts can work within a retirement strategy, oftentimes side-by-side, to create the idea combination of investments.

“It is not an either/or proposition,” says the post. Investors can have both Self-Directed Roth IRAs and Self-Directed Solo 401(K) plans. In fact, a combination of both can sometimes be advantageous. For example, a Solo 401(K) plan comes with a high contribution limit, allowing investors to take advantage of the tax benefits right away. And because a Self-Directed Roth IRA has low limits, it does have benefits in another area—the money grows tax-free, as the taxes are paid up front.

Combining multiple retirement accounts might sound like an act of investment wizardry to some, but as the post notes, it can be as simple as opening up two accounts. Investors will need some base knowledge as to which accounts types are best for them, notes Jim Hitt, American IRA’s CEO.

“It is not as if anyone should go into this and open up any old account because it sounds like a good idea,” says Jim Hitt. “People should take their time to research and realize which account type or types might be best for them. But once an investor has an idea of that, they can take care of the paperwork rather easily. These are not high-barrier investment vehicles. They are simple accounts that just about anyone with earned income can open.”

Investors who want to maximize their ability to retire should probably take advantage of some sort of retirement account, Jim Hitt notes, especially considering the tax-deferred benefits. These accounts “protect” money that is put away for retirement, helping investors keep more of the money they have contributed.

For more information about combining different types of a Self-Directed IRA into a retirement strategy, visit the post at or call 866-7500-IRA.

American IRA, LLC was established in 2004 by Jim Hitt, CEO in Asheville, NC.
The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Jim Hitt and his team have grown the company to over $400 million in assets under administration by educating the public that their Self-Directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.

As a Self-Directed IRA administrator, they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms). They are not responsible for and are not bound by any statements, representations, warranties or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term "they" refers to American IRA, located in Asheville and Charlotte, NC."

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