Choosing Your Self-Directed Retirement Plan Custodian or Administrator – Apples vs. Oranges?

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Shopping for a self-directed IRA custodian or administrator is not like shopping for a new big screen television. No Consumer Report to peruse through, no Amazon.com to compare features and prices. As a matter of fact, not even the opportunity for a true “apples to apples” comparison. Security Trust Company, seeing the need for someone to walk you through this important comparison exercise, is hosting an educational webinar on February 16 to assist prospective self-directed retirement plan investors in performing their “due diligence” when searching for a trusted company for their needs.

Choosing Your Self-directed Retirement Account Custodian or Administrator

Mick Hersh, Chief Operating Officer at Security Trust Company says, “Many individuals are just learning of the benefits of self-directing their retirement plans and are overwhelmed with choosing the right investing partner.

Shopping for a self-directed IRA custodian or administrator is not like shopping for a new big screen television. No Consumer Report to peruse through, no Amazon.com to compare features and prices. As a matter of fact, not even the opportunity for a true “apples to apples” comparison.

Security Trust Company, seeing the need for someone to walk you through this important comparison exercise, is hosting an educational webinar on February 16 to assist prospective self-directed retirement plan investors in performing their “due diligence” when searching for a trusted company for their needs.

As more and more savvy investors want to invest their IRA’s, 401(k) rollovers and the like into non-traditional assets such as real estate, tax liens, promissory notes and operating companies, they are faced with selecting an investing partner. Security Trust Company’s “Choosing Your Self-directed Retirement Account Custodian or Administrator” webinar arms these investors with the knowledge of what questions to ask…..and what the answers should be?

“As a self-directed retirement plan administrator we’ve been asked time and time again how to differentiate between the multitudes of players in the self-directed industry,” says Mick Hersh, Chief Operating Officer at Security Trust Company. “Many individuals are just learning of the benefits of self-directing their retirement plans and are overwhelmed with choosing the right investing partner. It was important to us to create an educational webinar to assist these individuals with the important task of due diligence.”

The February 16 webinar will walk you through the differences between custodians, administrators, facilitators and set-up companies and gives potential self-directed investors questions to ask of these prospective companies. What types of investment options are permitted? What type of retirement account structure is set up for me? What administrative functions and support are performed? What type of assistance is provided relating to transaction structure? And most importantly, are my retirement assets safe?

Many self-directed retirement plans are using real estate investing as their main source of growth. While self-directed real estate investing can be lucrative in today’s market, it can be complex in some instances. What services will your investing partner provide to make growing your retirement plan through real estate investing as easy as buying a new big screen for your living room?

To register for Security Trust Company’s “Choosing Your Self-directed Retirement Account Custodian or Administrator” webinar or to learn more about Security Trust Company, visit securitytrustcompany.com .

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Jennifer Davis

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