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How to set up a Self-directed IRA Account?

A Self-directed IRA is a type of retirement investment plan has the option for the investor to invest in multiple assets at the same time using the same account. It is the plan easily opened with the help of any custodians but not on our own. The term u2018self directedu2019 means the account accepts the alternative investments. The alternative investments that are approved only by the IRS are available to make an investment. Some of the approved assets are real estate, private stocks, mortgages, bonds, intellectual property, tax lien certificate and precious metal. For more details, visit https://sproutira.com/

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How to set up a Self-directed IRA Account?

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  1. How to set up a Self- directed IRA Account?

  2. Contents Introduction - Self-directed IRA - Investment Options - Contribution Limit - Contact Us -

  3. Introduction A Self-directed IRA is a type of retirement investment plan has the option for the investor to invest in multiple assets at the same time using the same account. It is specially designed as do it yourself investors. The investor will decide the amount to invest and the limit.

  4. Self-directed IRA The term ‘self directed’ means the account accepts the alternative investments. It is the only retirement plan which allows alternative investments for retirement savings. It is a structured plan facilitate withdrawals at a specified age.

  5. Investment Options All alternative investments types that are approved by the IRS can be used in this plan. Some of them are real estate, private stocks, mortgages, bonds, tax lien certificate etc. Properties like collectibles, coins and stamps are restricted to use in this plan.

  6. Contribution Limits The account is designed to provide tax advantages, and participants must follow the contribution limits. The maximum contribution limit for 2019 is $6,000, or $7,000 if you’re age 50 or older. The withdrawal can be made after the age 59 1/2 years old.

  7. Contact Us For more details about Self-directed IRA investment plan, visit Sprout IRA Email Address support@sproutira.com Phone Number +1 855 608 9424

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