Why open an account with Midland Trust? To understand that, you need to know the differences between typical retirement plans and self-directed plans.
Many banks and brokers will only allow your IRA account to purchase what they sell and make commission on. Traditionally, this limits you to being allowed to only invest your money in stocks, bonds and mutual funds. But in reality, you can truly do MUCH MORE!
When you open an account with Midland, you are also opening many new doors to how you can invest your IRA funds. You gain the power of controlling your own investing decisions through self-directed retirement plans. We do not sell investments and we do not give investment advice. As a self-directed retirement plan administrator, we do allow you to hold alternative assets of your own choosing to build wealth in your accounts.
Having Midland IRA as your plan administrator allows you to purchase real estate, private stock (you could invest your IRA funds in the next Facebook before they go public), crowdfunding, LLC’s, futures, commodities, forex, private companies, hedge funds, and much more. You gain the freedom to invest in what you know best. And, if you are unfamiliar with different assets permissible in these plans, all you have to do is learn. There are unimaginable numbers of investments allowed in self-directed accounts. In fact, the only things not allowed in an IRA account according to the IRS, is life insurance and items deemed as collectibles.
Ask yourself, what are you limited to with your current custodian? Do they allow you to invest your retirement funds in real estate, LLC’s, or futures? If the answer is no, and your like most other people who would prefer more options, send us an email or call us to speak to a live representative.
We pride ourselves on customer service and would be happy to explain what we can do for you. Open an account with Midland Trust today or contact us to learn more!