Diversify Your Retirement Account with a Self-Directed IRA

Open your self-directed IRA today! Opening a self-directed IRA is quick and simple using our online application. Are you unsure of what investments you’re interested in investing in? Learn about all of the alternative investment types below! You’re able to get your account open and funded until you decide on an alternative investment that is great for you.

Learn About Self-Directed IRAs

A self-directed IRA is a retirement account that allows you to invest in alternative investments outside of the stock market. Your current IRA Administrator may allow you to choose your stock investments, but what makes an IRA “self-directed” are the investment options. You are in complete control of your investment decisions and have a lot more options to diversify your retirement portfolio

Types of Alternative Investments

When you invest with a Midland Trust self-directed IRA the investments you can choose from are endless and you are not limited to just the stock market. There are many investments that qualify to be purchased in a self-directed IRA, but some of the more popular investments include:

Types of Self-Directed IRA Accounts

Every type of account at Midland Trust is self-directed. We offer the following types of self-directed IRAs:

  • Traditional IRAs
  • Roth IRAs
  • Individual 401(k)s
  • SIMPLE IRAs
  • SEP IRAs
  • Health Savings Accounts (HSA)
  • Education Savings Accounts (ESA)

Learn about the different self-directed retirement account types here:
https://www.midlandtrust.com/self-directed-ira/types-of-retirement-accounts/

How to Fund Your Self-Directed IRA

Funding your self-directed IRA is easy and there are a few different options to do so. You can make a personal contribution each year, which depending on your account type may be tax-deductible. If you currently have an IRA elsewhere, you can do an IRA to IRA transfer, or you can rollover funds from an old 401(k).

Am I allowed to have more than one retirement account?

Yes! You are absolutely allowed to have more than one IRA! This allows you to diversify your retirement account by investing in stocks and bonds as well as having a self-directed IRA to invest in alternative investments such as private equity, real estate, and Bitcoin.

How much does it cost?

Unlike 401(k)s and IRAs that are invested in the stock market where you are charged commissions based on your investments, Midland charges a flat annual fee and only $50 to get your account open and set up!

Start diversifying your retirement portfolio!