Friday, February 1, 2013

Putting Your Silver Into a Self-Directed IRA

As the systemic risk of traditional banking increases, many people are opting to reduce risk by using a self-directed IRA. Of course, the risk of private holdings is potentially substantial (fire, theft, disaster), and must be factored into a decision to move IRA or retirement money from the traditional banking system into a self directed holding. A self-directed holding can include banks and brokerages as part of the program.

The first step is for the owner to form a special customized type of LLC that is owned by your Self Directed IRA. A Self Directed IRA LLC is made up of two parts:


  • a Traditional or Roth Individual Retirement Arrangement (IRA)  and 
  • a Limited Liability Company (LLC) .


South Carolina Statute, UNIFORM LIMITED LIABILITY COMPANY ACT OF 1996

IRA Misconceptions Increase Risk

2012 IRS Publication 590