Self-Directed IRAs and Tax Liens Made Simple
How can concepts like Self-Directed IRAs and tax liens become simple? American IRA’s most recent post attempts the explanation.
ASHEVILLE, NC, US, January 25, 2024 /EINPresswire.com/ -- The tax lien might not sound like the asset that comes to mind for many retirement investors who want a safe, secure, simple retirement. But according to a recent post2 at American IRA, the Self-Directed IRA administration firm states that these asset classes can in fact be great additions to retirement portfolios. And although they might sound complicated at first, the post attempted to deconstruct both ideas—the tax lien and the Self-Directed IRA—to make them both accessible to new investors.In the post, American IRA kicked things off by explaining the basics of Self-Directed IRAs and tax liens. Tax liens, stated the post, are asset classes in which a local government places a lien against a property for unpaid property taxes. When the property owners don’t meet these tax obligations, local governments have to use liens to recoup the owed funds. This creates an asset that investors can purchase from the government, which allows the investor to collect interest payments or potentially even foreclose on the property.
The post also explained the concept of Self-Directed IRAs. In a Self-Directed IRA, an investor works with a Self-Directed IRA administration firm or custodian who handles administration on the account. This enables the investor to make a wider selection of potential retirement assets, because they’re not working with mainstream brokerages who may not be able to offer any custodial services beyond basic stocks and funds.
By holding a tax lien within a Self-Directed IRA, an investor can not only utilize a unique asset, but maintain retirement tax protections over that asset while it remains in the IRA. In other words, a Self-Directed IRA is not only a way to unlock tax lien investing in retirement, but brings the typical retirement account benefits with it.
The Self-Directed IRA administration firm regularly releases information1 and guides for investors looking to learn more about Self-Directed IRAs as well as tax liens, real estate, and other common investment assets. For more information, interested parties may reach out to American IRA at its website, www.AmericanIRA.com, or call American IRA at 866-7500-IRA.
Rebekah Schram
American IRA, LLC
+1 828-257-4949
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1 http://americanira.com/self-directed-iras/
2 https://americanira.com/2024/01/24/self-directed-iras-and-tax-liens-made-simple/