A traditional money market IRA comes with a considerable amount of risk. As most of us remain skeptical of the stock market and its long term outlook, would you trust throwing most of retirement funds into the stock market?

Thinking about converting your current IRA into a self directed IRA (SDIRA)? It pays to know what advantages and disadvantages a SDIRA offers. Both an IRA and a SDIRA offer the same tax advantages, whether it’s a Roth IRA or traditional IRA. They are also both limited by the same regulations from the IRS. The difference mainly lies in the investment options available between the two and the role of the account owner.

Thinking of opening up your investment portfolio or saving for retirement? Consider signing up for a self-directed individual retirement account (IRA) through a consulting firm that enables you full control over your investment decisions.