What Types of IRAs can be Self-Directed?

Quite simply….any and all!

All IRAs can be self-directed.  The key question you need to ask yourself is:  1)  Do you want to self-direct your IRA account and, if yes, 2) Do you want FULL checkbook control of your IRA assets?  Most people, when they realize they can have checkbook control of their retirement assets, find this to be an exciting alternative to simply using an IRA custodian or administrator.

But, what specific IRAs can be self-directed?  They are:

Traditional IRAs;
Roth IRAs;
SEPs (Self Employed Pensions); and,
SIMPLE IRAs.

Remember, it is not whether you can self-direct, but whether you want to self-direct.

This entry was posted in 401(k)'s & IRA's on by .

About John Park

John Park is a facilitator for self-directed IRAs and 401Ks and founder of PGI Agency, Inc. which is host to PGI SelfDirected. Prior to that, John maintained his own insurance agency and also worked in intercollegiate athletics (Arizona State University, Big Ten Conference Office). For over 6 years, PGI has established both self-directed IRA and 401K accounts so that individuals can take control of their retirement assets and invest in both Traditional and Non-Traditional (e.g., real estate) assets. John believes that most people should fully explore having FULL control of their retirement funds and be the steward of their own money.

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