American IRA Tells Investors How to “Upgrade” with a Self-Directed Roth IRA
CHARLOTTE, N.C. (PRWEB) July 27, 2018 -- Jim Hitt, CEO of American IRA, recently told investors that the Self-Directed Roth IRA can be a beneficial tool for “upgrading” their retirement plan—this in a recent post at http://www.AmericanIRA.com.
“Why focus on the Self-Directed Roth IRA?” wrote Jim Hitt in the post. “Because this is a unique retirement account type that makes it possible to build a tremendous amount of wealth over the long-term, which then adds up to unique abilities come retirement age.”
The Self-Directed Roth IRA has tremendous advantages over many types of retirement accounts, because it uses already-taxed money for tax-free growth within the account. This already-taxed money is then free to expand, compound, and earn more money over time. Once an investor hits retirement age, they then have tremendous flexibility to use that money as they please, provided they adhere to regulations.
A Self-Directed Roth IRA is not a unique type of Roth IRA, but rather a Roth IRA in which an investor makes their own decisions. Jim Hitt explains that American IRA is a Self-Directed Roth IRA administration firm but does not require investors to make investments. The firm does not advise on which investments to make, either.
“With a Self-Directed Roth IRA, investors have a lot of freedom,” said Jim Hitt. “This type of Self-Directed IRA is not just popular with those who want to grow tremendous amounts of value for the long-term but can be a great way for investors to think outside the conventional box of stocks, funds, and bonds and think about how a Self-Directed Roth IRA arrangement can help them grow money in other assets.”
Using a Self-Directed IRA can mean access to other assets including private stock in companies, tax liens, and even precious metals. While there are prohibited transactions that do put a limit to the types of assets able to be held in a Self-Directed Roth IRA, there is still plenty of freedom available for interest investors.
For more information about Self-Directed IRAs, or to schedule a free consultation, contact American IRA at 866-7500-IRA or visit http://www.AmericanIRA.com.
About:
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.
Sean McKay, American IRA, LLC, http://www.americanira.com, +1 (828) 257-4949, [email protected]
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