Business
Individual retirement accounts can be a great way to build wealth. They offer tax advantages, protection from creditors, and an opportunity to consolidate accounts for easier management of your investments. However, if your IRA is held at a bank or large financial institution, this type of custodian typically restricts your investment universe to stocks, mutual funds and bonds. Self-directed IRAs allow you to take control of your retirement account and invest in alternative assets like real estate, shares in private companies and precious metals. In this episode, we interview Mat Sorenson, author of best-selling author of The Self-Directed IRA Handbook. Join us for a fascinating discussion of tax-efficient investments, alternative investmewnts and mega-IRAs. Subscribe to the podcast to tune in to weekly episodes about personal finance told from your perspective. For show notes and more visit: https://westbridgewealth.com/self-directed-ira