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A self-directed individual retirement account is an individual retirement account (IRA) which allows alternative investments for retirement savings. Some examples of these alternative investments are real estate, private mortgages, private company stock, oil and gas limited partnerships, precious metals, digital assets, horses and livestock, and intellectual property. [1]
Additionally, an IRA (or any other tax-advantaged retirement plan) can be funded only with what the IRS calls "taxable compensation". This in turn means that certain types of income cannot be used to contribute to an IRA; these include but are not limited to: Any unearned taxable income. Any tax-exempt income, apart from military combat pay.
A self-directed IRA is different from a traditional IRA because the account holder has essentially free reign over the types of investments they can put into it. A custodian limits the investments ...
Contributions to a traditional IRA may be tax-deductible and withdrawals are taxed as ordinary income. Roth IRAs allow for tax-free ... Your IRA custodian should generate a Form 1099-R to help ...
For traditional IRAs, all distributions are taxed as ordinary income, while Roth distributions are tax-free. For either type of IRA, taking money out before age 59 ½ generally triggers a 10% ...
Structure of a private equity or hedge fund, which shows the carried interest and management fee received by the fund's investment managers. The general partner is the financial entity used to control and manage the fund, while the limited partners are the individual investors who receive their return as capital interest.
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