American IRA Discusses What Makes a Great Self-Directed IRA Administrator
ASHEVILLE, NC / ACCESSWIRE / October 7, 2020 / What makes a great Self-Directed IRA administrator? Not any one thing, according to a recent post by American IRA. The Self-Directed IRA administrator recently took to its blog to explain the differences between high-quality Self-Directed IRA administration firms, and those of lesser quality. In the post, American IRA highlighted some ways investors can tell for themselves. It outlines a process of research as well as some of the top questions to ask when weighing which firm to use.
According to the post, one of the top reasons a Self-Directed IRA administration firm with a great reputation enjoys that reputation is because of the quality of its people. A firm is made up of people, after all, and American IRA argues that a firm’s people should be interested in sharing knowledge. Because a Self-Directed IRA is a non-traditional retirement strategy, many investors do need someone in their corner as they work out the kinks of their strategy.
American IRA’s post also highlighted the subtle differences that many people might not notice when they research for an appropriate Self-Directed IRA administration firm. One example can have a monumental effect on the investor’s wealth. That is the issue of consistent fees. A Self-Directed IRA administration firm that offers consistent fees will continue to charge the same flat fees even while the amount an investor has in the account continues to grow. This means that as a percentage, the investor is paying less over time, even while their results improve.
“It’s safe to say we have a strong opinion on what makes a great Self-Directed IRA administration firm,” said Jim Hitt, CEO of American IRA. “This post isn’t intended to call out any single administration firm out there, but to educate anyone who’s doing their research before choosing a specific firm. We are not even telling them which decisions to make. With this post, we just wanted to highlight the kinds of questions that should be on an investor’s mind.”
For more information, visit the post at www.AmericanIRA.com or call 866-7500-IRA.
About American IRA:
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
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