The Mynt Self-Directed Ira
Plan your retirement brilliantly with a self directed IRA
The Liberty Metals Self-Directed Ira
Plan your retirement brilliantly with a self directed IRA
"Gold has the potential to reach $3000 in 2023"- Forbes
Protect your retirement and increase profits with a self-directed gold IRA. Mynt makes opening a gold IRA account easy. Our experts will help you with everything you need including rolling over your current IRA or 401K
Make silver a part of your retirement strategy
Diversify your portfolio and protect your retirement by investing in a silver IRA or purchasing physical silver bars and silver coins.
High performance for active Investors
Whether you’re an experienced trader or just getting started, you’ll have all the tools you need to execute your retirement strategies
NO FEES FOR THE 1ST YEAR
$0. That’s right! Get all of your fees waived for the first year when you start a precious metals IRA with Joystar.
IRA BUYBACK ADVANTAGE
When it comes to a winning retirement strategy, with Joystar, you can’t lose. We offer one of the most competitive buyback programs in the business.
SPECIAL BONUS OFFERS
Transfer or roll over your IRA today and get an incredible silver bonus of up to $18,500 delivered directly to your door!* Call now for more information.
NO FEES FOR THE 1ST YEAR
$0. That’s right! Get all of your fees waived for the first year when you start a precious metals IRA with Mynt.
IRA BUYBACK ADVANTAGE
When it comes to a winning retirement strategy, with Mynt, you can’t lose. We offer one of the most competitive buyback programs in the business.
SPECIAL BONUS OFFERS
Transfer or roll over your IRA today and get an incredible silver bonus of up to $18,500 delivered directly to your door!* Call now for more information.
A brilliant way to plan your retirement.
Our Self Directed IRA Custodian Advantage
- More than 45 years in the industry
- Clients in all 50 states
- over $34 billion in retirement assets (as of 8/31/2021)
- Over 400 employees
- Nearly limitless investment options
- State-of-the-art online account management system
Allowable Self-Directed IRA Investments May Include:
Gold and Silver
Commercial real estate
Undeveloped land
Real estate notes
Promissory notes
Private placements
Residential real estate
Tax lien certificates
LPs, LLCs and C-Corps
Equipment leasing
Stocks, bonds and mutual funds
Cryptocurrency
Accounts receivable
Livestock
Foreign currencies
Oil and gas
Eligible Self-Directed Account Types
Artwork
Antiques
Collectable coins*
Rugs
Stamps
Life insurance policies
Gems
Alcoholic beverages
*Your IRA can invest in one, one-half, one-quarter, or one-tenth ounce U.S. gold coins, or one-ounce silver coins minted by the Treasury Department.
It can also invest in certain platinum coins and certain gold, silver, palladium, and platinum bullion.
While self-directed investing in an IRA has been allowable since 1974, it hasn’t received large attention because many custodians who offer retirement accounts focus on traditional investments like stocks, bonds, and mutual funds. There’s a misperception that these are the only investment options for retirement plans.
Often, when an individual asks a custodian or trustee, “Can I invest in gold or real estate with my retirement account?” the answer is, “I’ve never heard of that.” or “No, you can’t do that.” What it really means is that you are not able to invest in alternative assets at that institution because they’re limited by the types of investments they can offer.
Eligible Self-Directed Account Types
In addition to Traditional and Roth IRAs, you can invest in alternatives with the following qualified retirement accounts:
- Simplified Employee Plan (SEP)
- Savings Investment Match Plan for Employees (SIMPLE)
- Solo 401(k) (with or without a Roth component)
- 401(k) Safe Harbor Plan (with or without a Roth component)
- Health Savings Account (HSA)
- Coverdell Education Savings Account (CESA)
Rules for investing in a Self-Directed IRA
To ensure you continue to invest your self-directed retirement account within IRS code, it’s essential to familiarize yourself with the rules, including:
Arm’s-Length Investing
IRS rules state that you and the investment must be at arm’s length. In other words, you can’t personally benefit from an asset owned by the IRA.
Remember, the IRA (or other account) is intended to provide for your retirement and is not meant to benefit you now. It’s considered an “indirect benefit” if your IRA is engaged in transactions that, in some way, can benefit you personally. This is strictly prohibited. Some examples include:
- Personally Using IRA Property: Using real estate purchased through your IRA as a personal residence, vacation home, retirement home, or office space is not allowed.
- If the IRA purchases a foreclosed beachfront home for example, you can’t live in it or rent it to yourself or any other disqualified person. However, it can be rented to others and your IRA can sell the property.
- Receiving Personal Benefits From Your IRA: You can’t lend yourself or any other disqualified person money from your IRA. Additionally, you can’t pay yourself, a company that you own, or any other disqualified person to do work on an investment owned by your IRA.
- Revenue and Expenses: It’s important to remember that all expenses related to an investment are paid from the IRA and all profits are returned to the IRA.
- For instance, if your IRA owns a rental property, all revenues (rent) are returned directly to the IRA; all expenses, such as maintenance and taxes, are paid directly from the IRA.
Disqualified Individuals
IRS rules dictate that a self-directed IRA may not: buy an investment from, sell it to, or otherwise be involved with disqualified persons. Disqualified persons include you as the account holder, and your ascendants
and descendants. That means up and down your family tree. Here’s a more detailed listing of disqualified individuals:
- You, your spouse, parents, grandparents and great grandparents, children and their spouses, grandchildren and great grandchildren – and their spouses
Liberty Metals does not provide tax, legal or investment advice. Any information communicated by Liberty Metals is for educational purposes only, and should not be construed as tax, legal or investment advice. Whenever making an investment decision, please consult with your tax attorney.