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Take charge of your money!
 A self-directed IRA is legally no different from any other IRA. It simply indicates that you, the client, choose your IRA investments. You can invest your IRA funds in a virtually unlimited set of investments, except for those specifically excluded by law. The only general class of assets excluded by the IRS are life insurance contracts, collectibles, and capital stock in an "S" Corporation. You can verify that it's legal to invest your IRA in first mortgages by going to www.IRS.gov and searching for Publication 590. Once there, simply look up “prohibited transactions” in the table of contents.
This is not a new concept. You've been able to buy real estate and mortgages (as long as it is not your property or mortgage) within your IRA since IRA's were created over 35 years ago. However, many financial professionals limit investment choices to funds and products for which they'll earn a commission.
The benefits of self-directing your IRA…
When you self-direct your IRA into Private Mortgages you have the ability to maximize your returns without the same sort of risk. Keep in mind, many real world events have caused the typical company directed IRA/401K to lose value. For instance, when the stock market has taken a nose dive for whatever reason…a terrorist attack (on the rise), a dot com crash (this sort of thing is unpredictable), gas and oil issues (a very real current problem)…many people have lost money suddenly in their  IRA/401K accounts without warning. However, by investing your retirement in Private Mortgages you are more in control to protect your investment from sudden, unforeseen happenings. When you become a Private Mortgage Investor with TrustPoint Financial Corp. you have the ability to evaluate each opportunity before you invest. Self-directing your IRA puts you in the driver seat and gives you the ability to choose safer investments, while maximizing your returns.
Feel free to visit the following web site for more information about self directing your IRA or 401K:
Sterling Trust Company
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