(VIDEO) Who’s Really in Control of Your Retirement? [Self-Directed IRAs Explained]

Many Americans assume their retirement investments are diversified and secure. But if someone else controls your accounts, you may not be as protected as you think. Today, we’ll be discussing something you’ve probably heard of, but may not fully understand, the self-directed IRA. There’s no separate IRS investment category called a self-directed IRA. There are just three main IRA types: traditional, Roth, and SEP.

What makes an IRA self-directed is not the account itself, it’s how it’s managed.

With most IRAs, you’re paying a management fee, often 1% annually, to have someone else decide what to invest in. That’s $1,000 a year on $100,000, whether they make smart choices or not.

With a self-directed IRA, you take full control.

• You make the decisions.
• You choose where to allocate your savings and you open the door to assets like physical gold and silver.

Assets most advisers never mention. That’s not an accident. Most firms only profit when you stay in paper-based investments. Markets change, inflation accelerates, and history shows that real physical assets can be important to own when economic systems come under pressure. Self-directed IRAs not only give you freedom of choice, they often come with lower costs than managed accounts and greater flexibilities in what you hold.

If you’d like to learn how to open a self-directed IRA and how it fits into a broader strategy of protecting your retirement, you can request a free guide or book a one-on-one web conference at augustapreciousmetals.com or call (800) 700-1008 to speak with someone who will walk you through it all step by step. That’s (800) 700-1008 to learn more.