A self-directed IRA is a form of individual retirement account that is designed to allow investors to diversify their retirement assets, including cash, beyond what is typically offered by many brokerage firms. The advantage of that is that you can increase the potential for growth by giving you the freedom to invest in almost any type of asset. In the second half of a two-part series, Marco Santarelli continues his conversation with Glen Mather, the President, and CEO of NuView Trust Company, about building tax-free wealth using self-directed IRAs. Stay tuned to this episode and start taking control of your financial future!
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This is Part Two of How to Build Tax-Free Wealth Using a Self-Directed IRA. This is my interview with Glen Mather. The episode went rather long when I was recording with Glen. I decided to chop it out into a two-part episode. This is part two. If you haven’t read the first one, go back to the previous episode and read that. What we’re talking about is how to grow your wealth in a tax-deferred or tax-free basis. You can do this through a self-directed retirement account, which we refer to loosely as Self-Directed IRAs. There are several different kinds as you have learned from Glen in the previous episode. One is to help you gain control of your capital, grow as fast as you can, diversify within your portfolio, have control of your financial future, and take advantage of the tax advantage accounts that are laid out by the IRS using these particular vehicles. That allows you to defer your taxes or grow your taxes tax-free and take them out later. You can pay your taxes one way or another, either upfront or down the road. The episode is filled with valued information, so pay attention, gather what you can, read it twice, and recognize how you can start, grow, and leverage retirement savings.
*This site contains educational content provided by third parties. NuView Trust does not endorse, recommend or approve any of the companies or individuals or investment vehicles or strategies that may be discussed. NuView Trust encourages clients to seek legal or tax advice as necessary and to perform their own due diligence before engaging in any investment vehicle or strategy.
