The Securities and Exchange Commission (SEC) has adopted a new package of rules, referred to as Regulation Best Interest or Regulation BI, that a... Read this article »
America is moving to self-directed IRAs. Are you?
Americans hold approximately $8.8 trillion in IRAs* — of which the SEC and Retirement Industry Trust Association (RITA) estimates 2% - 5% are held in self-directed IRAs. At 3%, that's $264 billion, and that number will increase dramatically for the foreseeable future because every day for the next 13 years or so, roughly 10,000 baby boomers will retire.
These baby boomers will be looking to roll over their company-sponsored pension plans and 401(k)s into investment vehicles like self-directed IRAs. They give investors more control than traditional traded assets like stocks and bonds.
Now’s the time to help savvy investors take advantage of this often-overlooked source of capital. PENSCO works with professionals in a variety of ways, here are two examples:
|Expand Your Reach Through Self-Directed IRAs.||Meet the New Demands of Self-Directed IRA Investors.|
With a self-directed IRA, investors can purchase ownership in everything from private corporate stock to start-ups looking to raise funds on an equity crowdfunding platform.
Whether you're a Tax Professional, Attorney, or Financial Planner with a service offering for this special type of investor, you should consider becoming a part of the PENSCO Professional Directory.
* Investment Company Institute data (“The US Retirement Market, Fourth Quarter 2018.”)