Comments on: What Is A Self-Directed IRA And How Can I Use It?

By: harlyd

harlyd — Fri, 14 Sep 2012 16:45:00 +0000

You can’t us IRA funds to do business with yourself or any other
Disqualified Person.
It is calles a prohibited transaction. http://www.broadfinancial.com/prohibited-transactions ,

By: What Does IRA stand for? - IRA Zone

What Does IRA stand for? - IRA Zone — Sun, 18 Mar 2012 00:14:04 +0000

[...] What Does IRA Stand ForIndividual Retirement Accounts – Why You Should Consider an IRA Today — FinanceTraining.com Finance Training.comTraditional IRA or RothBenefits for selecting an iraEmployee Retirement Income Security Act (ERISA) ClaimsRetirement Planning For the Self Employed PersonThings to Consider While Going For an SEP Retirement PlanSеӏf Directed Retirement AccountsWhat Is A Self-Directed IRA And How Can I Use It [...]

By: David Emil Lombard

David Emil Lombard — Fri, 10 Feb 2012 18:37:00 +0000

Thanks for this great Q & A. I am looking further into many options and this definitely gave me another perspective.

By: Elvin Ames

Elvin Ames — Wed, 06 Jul 2011 12:39:15 +0000

Visit http://www.raggedyriches.com or check out or craigslist presentation at http://newjersey.craigslist.or… may only be up for a month or so but the company site will always be up.

By: Melwheeler89

Melwheeler89 — Mon, 13 Sep 2010 20:18:06 +0000

Mary,

I am also looking at a Self Directed IRA. The two companies I have spoke with are www.selfdirectediragroup.com and www.pensco.com. Both seem to really understand SD IRA's but I was curious who you used since it seems you are having a positive experience.

Thanks

Mel

By: MikeKlenner

MikeKlenner — Thu, 01 Jul 2010 11:54:02 +0000

Self directed IRA is the Individual Retirement account that is opened and maintained by an individual and the savings of this account is meant to the retirement life. It is one of the most popular retirement plans in the United States.

By: Ted

Ted — Sun, 21 Mar 2010 21:17:24 +0000

“When can I withdraw from my SD IRA?

The same times as you can with any other IRA or 401K plan (59 1/2).”

You can withdraw contributed amounts from a Roth IRA at any time. Just not the earnings.

By: Will

Will — Mon, 12 Oct 2009 23:59:46 +0000

Hi Hank,
I’m re-incarnating my old blog into a new model. The old link above is no longer active. I’ve narrowed the scope to my new blog only include Self Directed Roth IRA’s. I’ll be posting a whole bunch of new content soon and have a ton of ideas on things I’d like to do. I’m really just beginning at TheTaxFreeInvestor.com. Thanks for keeping this post up.

Will

PS. To answer Pat’s Question above. It really sounds like what your trying to do is called self dealing. Self Dealing is a prohibited transaction. I would suggest to buy a different building using the SDIRA that will operate at the desired profit equal or greater to your payment and pay your mortgage payment that way. Just a thought.
.-= Will´s last undefined ..If you register your site for free at =-.

By: Pat Thomas

Pat Thomas — Tue, 29 Sep 2009 17:21:09 +0000

I want to pay off a business building that is owned by an irrevocable trust that is mine and my husbands. We rent out half of the building and occupy the other half and sublet an office on our half. We have a 401k plan and it restricts us from using funds to payoff the mortgage. Because we own it through the trust. I want to roll over the 401k funds into a self directed IRA and then let the IRA purchase the building and we pay the IRA back. Real loan but we are paying us the interest instead of the bank. How can I do this?

By: Dylan

Dylan — Thu, 03 Sep 2009 20:41:58 +0000

Is there management fees on a SD IRA?

I’m looking to roll over and out of a current Roth IRA that has $65/year management fee, to one with out a management fee. No Load Mutual funds come to mind.