- Self-Directed IRA - SDIRA
A retirement account in which the individual investor is in charge of making all investment decisions. The self-directed IRA provides the investor with greater opportunity for asset diversification outside of the traditional stocks bonds and mutual funds, as real estate, private tax liens and notes can be purchased. All securities and investments are held in an account administered by a custodian or trustee.
Some investment types, such as life insurance, are still not permitted in an IRA. In addition, investments cannot be employed for personal use or gain. For example, an investor cannot hold real estate that is personally used in a self-directed IRA. It is the responsibility of the investor to comply with all IRS regulations.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Self-Directed IRA — A Self Directed Individual Retirement Account is an IRA that requires the account owner to make investment decisions and investments on behalf of the retirement plan. IRS regulations require that either a qualified trustee, or custodian hold the… … Wikipedia
self-directed IRA — An IRA that the account holder can after appointing a custodian manager to carry out investment instructions. Bloomberg Financial Dictionary … Financial and business terms
self-directed — ˌself diˈrected adjective [only before a noun] 1. FINANCE a self directed pension is managed by the employee rather than his or her employer, and allows the employee to sell or move any investments they have in the company they work for: •… … Financial and business terms
Roth IRA — A Roth IRA is an Individual Retirement Account (IRA) allowed under the tax law of the United States. Named for its chief legislative sponsor, Senator William Roth of Delaware, a Roth IRA differs in several significant ways from other… … Wikipedia
Provisional IRA campaign 1969–1997 — From 1969 until 1997 [Moloney, p. 472] , the Provisional Irish Republican Army (Provisional IRA) conducted an armed paramilitary campaign in the United Kingdom, aimed at ending British sovereignty in Northern Ireland in order to create a united… … Wikipedia
Individual Retirement Account — An Individual Retirement Account (or IRA) is a retirement plan account that provides some tax advantages for retirement savings in the United States.Legal basisThe individual retirement account and related vehicles (see Definitions) were created… … Wikipedia
Nonrecourse debt — Non recourse debt or a non recourse loan is a secured loan (debt) that is secured by a pledge of collateral, typically real property, but for which the borrower is not personally liable. If the borrower defaults, the lender/issuer can seize the… … Wikipedia
Private investment capital subscription — A private investment capital subscription, commonly referred to as PICS, is a financial tool that relies on a small pool of investors’ money for real estate investments. The money managers of private investment capital subscriptions or PICS are… … Wikipedia
Private money investing — is the reverse side of hard money lending, a type of financing in which a borrower receives funds based on the value of real estate owned by the borrower. Private Money Investing (“PMI”) concerns the SOURCE of the funds lent to hard money… … Wikipedia
performing arts — arts or skills that require public performance, as acting, singing, or dancing. [1945 50] * * * ▪ 2009 Introduction Music Classical. The last vestiges of the Cold War seemed to thaw for a moment on Feb. 26, 2008, when the unfamiliar strains … Universalium
401(k) — In the United States of America, a 401(k) plan allows a worker to save for retirement while deferring income taxes on the saved money and earnings until withdrawal. The employee elects to have a portion of his or her wage paid directly, or… … Wikipedia