Menu Close

Tag: IRA LLC Advantage

A Self Directed IRA LLC: Control Your Future

Almost everyone knows that the tax benefits that go along with a Roth IRA are appealing. Some people, though, are not happy with the way these funds are managed; a small minority of people likes to be in complete control of their finances. There is also the fact that the requirements placed on a Roth IRA are fairly strict.
This is where a self directed IRA LLC comes into play. With a self directed IRA you can enjoy the tax benefits without having to deal with the other things that go along with it. First, it requires the formation of a limited liability corporation that will act as managers of the account. The person who puts money into the account is then assigned as manager. This is a work-around of the law and is perfectly legal. This will allow you to invest for your retirement tax-free, without the hassles attached to a traditional IRA.

The Advantages of the Self-Directed IRA

There are many choices when it comes to saving for retirement. Many people are looking for alternatives to the standard IRA or Roth IRA that invests primarily in stocks, mutual funds and bonds. There are a variety of choices when selecting a retirement plan type such as a solo 401k. There are also several types of Self-Directed IRA plans such as the Self-Directed IRA Real Estate, Self-Directed Roth IRA, and the Self-Directed IRA LLC. All of these plan types offer some great ways to save for retirement tax free.