It’s a common misconception that the only investments allowed in a retirement account are stocks, CDs, and mutual funds. Perhaps this is because the retirement industry is dominated by custodians who only offer these types of investments. In fact, it is permissible for your IRA to invest in a variety of alternative assets — you just need a custodian that offers self-directed IRAs.
It is always recommended to seek the assistance of a tax, investment or legal expert before entering into any transaction so that they can guide you through the information you need to know to make an informed decision. These professionals can help your source your investment, conduct proper due diligence and discuss risks and rewards. If you decide that self-directing is for you, The Entrust Group can help you get started.
There are only three types of investments that are not permitted within a self-directed IRA: life insurance contracts, collectibles (with some exceptions for coins and metals), and S corporations.
The Entrust Group does not offer investment, tax, financial or legal advice to clients. Individuals who believe they need advice should consult with the appropriate professional(s) licensed in that area. This section of our website is devoted to providing clients and potential clients with educational information regarding self-directed accounts and possible investment scenarios. It is in no way intended as investment advice.