CHARLOTTE, NC / ACCESSWIRE / March 24, 2021 / According to a recent post at American IRA, a Self-Directed IRA administration firm based in North Carolina, many investors often start the new year looking for a fresh start on investing. One way to accomplish that is to open a Self-Directed IRA. But what are the ways investors can look at this strategy the right way, and what are the benefits of opening a Self-Directed IRA at the beginning of the year? The recent post, highlighted at American IRA's blog (www.AmericanIRA.com), explored this concept in depth.
For investors who want to start the new year investing the right way, a Self-Directed IRA can be a very enticing concept. In a Self-Directed IRA, investors can open up all sorts of investment possibilities, including using real estate, precious metals, private loans, and tax liens within a retirement portfolio. The freedom possible within a Self-Directed IRA can be enticing for investors. But so is the possibility of opening a specific type of retirement account and making investments that will be deductible on the investor's next tax return.
The post details the different things that investors should consider when thinking about opening a Self-Directed IRA for the new year. And while it doesn't recommend that there's any specific time of year that's ideal for opening a Self-Directed IRA, it does note that some investors like to open new accounts during a new year because it makes for easier budgeting and planning throughout the year.
"Not everything depends on the calendar," said Jim Hitt, CEO of American IRA, "but for investors who are always thinking about tax implications, tax returns, and their long-term habits, it's definitely worth considering that the new year is an important time to get started with a new strategy. This post is about those investors who are thinking about opening a Self-Directed IRA at the start of a fresh year."
For more information, visit the post at www.AmericanIRA.com. Additionally, interested parties may contact the Self-Directed IRA administration firm by dialing 866-7500-IRA.
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 $500 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."
SOURCE: American IRA, LLC
View source version on accesswire.com:
https://www.accesswire.com/633049/American-IRA-Discusses-Using-a-Self-Directed-IRA-to-Start-Off-a-New-Year-Right
