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Can Advanta Explain the Concept of a Self-Directed IRA?

What is a Self-Directed IRA? A self-directed Individual retirement account is an IRA which allows alternative investments for retirement savings. For regular IRAs, these options usually include stocks, bonds, and mutual funds. With a truly self-directed IRA, the term "self-directed" refers to the unlimited options of alternative investments available to you. If you are ready to know more about "What is a Self-Directed IRA?" please visit The term self-directed simply means that the owner of the IRA has control over what alternative investments the IRA makes. By doing so, IRA owners are completely managing their own retirement futures … by investing in what they know and understand. Traditional IRAs and Roth IRAs are the two major kinds of individual retirement accounts and the prime difference between the two is the time at which they are taxed. SEP IRAs are plans utilized by the self-employed business people. A SIMPLE IRA is a retirement pla