Timothy Sumer

Learn the difference between a Self Directed IRA and a regular IRA taught by the experts at Check Book IRA. More videos at Jordan Sheppherd, CEO, Check Book IRA, Llc Telephone 800-482-2760 Redmond OR | Scottsdale AZ | Minneapolis MN Transcript: In this first lesson, we're going to talk about IRAs and go over some of the history of these accounts and why they came into existence. We are going to tell you why custodians have restricted your ability to invest in what you want and then finally we will talk a little bit about Self-Directed IRAs and how they work. But we are going to go a little bit more detail on that subject on lesson two. I will not go through the entire history of the IRAs but just to give an overview. There was actually a time when the only way you could save your retirement in a tax preferred account was if you have actually have a pension, and the only way you get a pension was if you work for a company that offered one. In 1974, the congress addres...