American IRA Releases Post on the Advantages of a Brokerage Account IRA
ASHEVILLE, NC / ACCESSWIRE / July 19, 2020 / With the stock market in turmoil to start the year, many investors are looking for ways they can use retirement accounts to immediately boost their returns. This is a great idea for many, as retirement accounts offer tax protections that help investors realize more yield on their money. But one key question-whether retirement investors can use a brokerage account within a Self-Directed IRA-is a hinge point for many.
That is why American IRA, a Self-Directed IRA administration firm based in Asheville, North Carolina, recently took to its blog to explain. Holding a brokerage account within a Self-Directed IRA can be a powerful way to build wealth, the post argued, because it offers several distinct advantages. For example, rather than investors being forced to choose from a limited number of fund options, a brokerage account opens a wider range of possible investments that the IRA holder can use. This could potentially lead to a more diversified portfolio.
The post listed three distinct advantages of holding a brokerage account within a Self-Directed IRA: freedom, tax benefits, and diversification. The tax benefits are obvious, as they include the tax benefits associated with the type of retirement account that the investor is holding. But the ability to build a diverse portfolio with a brokerage account IRA is a powerful reason for investors to congregate to this type of arrangement, according to the post.
A Self-Directed IRA can also be used to buy up different types of assets, broadening the range of diversification available. “Retirement diversification can be much more than building a stock market portfolio,” notes the post.
Moving beyond one type of asset class is a powerful reason to use a Self-Directed IRA. But even a brokerage account within a Self-Directed IRA has powerful methods of increasing diversification aside from choosing mutual funds within the account.
For more information, visit the post at www.AmericanIRA.com. Additionally, interested parties may contact American IRA 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 $400 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 and Atlanta, GA.”
SOURCE: American IRA, LLC
View source version on accesswire.com:
https://www.accesswire.com/595957/American-IRA-Releases-Post-on-the-Advantages-of-a-Brokerage-Account-IRA
