CHARLESTON, SOUTH CAROLINA (PRWEB) May 06, 2013
IRACheckbook, a facilitator of self-directed retirement funds located in Charleston, S.C., is working hard to help the pilots of American Airlines realize all of the benefits out there in investment, even during these turbulent times. With the possible merger with US Airways as reported by the Washington Post on February 13th of this year and the termination of the B -Plan , whose default was first reported on February 2nd of last year by Reuters, as a part of American Airlines’ restructuring program, many American Airlines pilots are looking to gain back control . Luckily, many have heard of self-directed investment and are taking back control by enlisting the help of IRACheckbook financial advisers. Although IRACheckbook is not associated with American Airlines in anyway, American Airlines pilots have been attracted to the flexibility the self-directed plan brings.
“With our Self-Directed Plan, IRAcheckbook, the customer has greater flexibility and control for investing,” said Jeff Beall, Managing Director of IRACheckbook. “With greater flexibility and control, comes greater responsibility. By nature, most pilots possess the discipline to make this a successful investment vehicle.”
IRACheckbook’s plan allows pilots of American Airlines to enjoy a quick roll-over, so they can take advantage of the many benefits of self-directed retirement investing. Under the new rules, pilots only have three options. They can take out a lump sum, which means fees and early withdrawal penalties. They can roll it over to a 401(k), which has many limitations, including loan processing fees, short payback time tables and more. Finally, they can roll it over to an IRA, which is becoming a popular option for many pilots who are tired of seeing their retirement funds diminish without the power to do anything about it.
Self-directed IRAs allow holders to make investments as they see fit. They put control back in the hands of the individual – something a pilot is used to as he guides the skies 10,000 ft. in the air. Whether the individual holder is looking to invest in real estate, mortgage notes, and private loans among others, a self-directed IRA allows one to do this without incurring a penalty.
“More than anything else, our company and affiliates provide educational opportunities. We hope that everyone with retirement funds will eventually know all the options available to them for investment; an overwhelming majority do not,” said Mr. Beall.
About IRACheckbook: IRACheckbook is owned by Hold Fast Asset Protection of Charleston, SC, a financial support company specializing in retirement fund facilitation. It is highly ranked as a national Facilitator, “Liberating Millions in Capital for Self-Directed Investment.” Hold Fast Asset Protection is dedicated to serving the customer in maximizing their returns on tax deferred or tax free funds. For more information about IRACheckbook call (800) 530-8522 or (843) 410-0187 or visit http://www.IRAcheckbook.com.