Louisville, Colorado (PRWEB) July 31, 2013 -- New Direction IRA launched a new, quicker bill pay system this quarter for clients with real estate assets in their IRAs.
The new system features updated technology and provides clients easier access to account information. New Direction IRA President Catherine Wynne said the new system is designed to help clients more effectively manage their self-directed IRA assets.
“In our ten years of providing administration for IRAs, the most common client request was for more control over and faster processing of bills for their IRA-owned property,” Wynne said.
The new online bill pay system, part of the recently launched myDirection® online client portal, gives New Direction IRA clients the ability to request payment of invoices and bills. New Direction IRA responds to these requests by issuing checks to the vendor and payment details to the account holder, who can keep the documentation and see online when the funding is sent.
The updated services are part of New Direction IRA’s larger effort to streamline the real estate investment process for IRA account holders.
“We are excited to be able to provide this service and to provide it at no charge. It is the next step in New Direction IRA ‘s leadership in the technology leader for self-directed IRAs,” Wynne said.
Wynne added that as New Direction IRA implements better technology, they can continue to distill the complicated administrative procedures that the IRS requires of self-directed IRAs to a platform that is easy for clients to operate and understand.
“We’re working to make alternative IRA investments as easy as the mainstream IRA investments,” Wynne said.
In addition to the online client portal and the new bill pay system, New Direction IRA has recently programmed many of its forms to be filled out online, including an account open application, significantly reducing the time it takes for clients to do what they need to do. In the coming weeks, New Direction IRA will add several client support features on its website, http://www.NewDirectionIRA.com, including a chat feature which enables account holders and prospective clients to chat with a real client representative.
For more information on New Direction IRA, upcoming events or self-directed IRAs in general, visit http://www.NewDirectionIRA.com.
New Direction IRA is a trusted provider of investor education and record keeping services for self-directed IRA and precious metals IRA holders. Since its inception in 2003, New Direction IRA has been at the forefront of the self-directed retirement investment market. The company enables individual investors to take control of and diversify their tax-advantaged retirement funds using alternative asset opportunities such as real estate, precious metals, LLCs, notes and lending, and more. Headquartered in Louisville, Colorado, New Direction IRA administers more than $640M in assets on behalf of over 8,300 account holders. Visit the website at http://www.newdirectionira.com.
DISCLAIMER: New Direction IRA, Inc. does not render tax, legal, accounting, investment, or other professional advice. If tax, legal, accounting, investment, or other similar expert assistance is required, the services of a competent professional should be sought. CIRCULAR 230 NOTICE: As required by U.S. Treasury rules, we inform you that if any Federal tax advice is contained in this email, including attachments (in spite of our best efforts not to provide any tax advice), it is not intended or written to be used, and cannot be used, by any person (1) for the purpose of avoiding any penalties that may be imposed by the Internal Revenue Service, or (2) to promote, market, or recommend to another party any matter addressed herein. CONFIDENTIALITY: This email message and any attachments are intended solely for the use of the addressee(s) and may be confidential. Any unauthorized review, use, disclosure, copying or distribution is expressly prohibited. If you are not the intended recipient, please contact the sender by reply email and destroy all copies of the original message and any attachments.
Clay Malcolm, New Direction IRA, http://newdirectionira.com, 303-546-7930, [email protected]
SOURCE New Direction IRA