The total IRA market is currently worth about $4.2 trillion. To date, only about 2% of the total IRA market is made of self-directed IRA’s, but that number is increasing in popularity as of late. It is estimated that about $94 billion is currently held in self-directed IRA accounts. There are several advantages of having a self-directed IRA account. Here are some of the benefits explained for your convenience.
Benefit #1. Protect Your Company’s Capital Gains
Using a self-directed IRA account to invest funds into your business carries much less of the risk of using another type of retirement such as a 401(k) or personal retirement savings. There are some rules to follow when investing in your own business, for example you can’t own over a 50% share of the company.