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Money Girl

What is a Self-Directed IRA (SDIRA)?

Money Girl

Macmillan Holdings, LLC

Business, Investing, Education, Entrepreneurship, How To

4.61.8K Ratings

🗓️ 14 February 2024

⏱️ 16 minutes

🧾️ Download transcript

Summary

Find out how a self-directed IRA differs from a regular one, who can benefit from using one, and other types of self-directed accounts you might consider.

Money Girl is hosted by Laura Adams. A transcript is available at Simplecast

Have a money question? Send an email to money@quickanddirtytips.com or leave a voicemail at 302-365-0308.

Find Money Girl on Facebook and Twitter, or subscribe to the newsletter for more personal finance tips.

Money Girl is a part of Quick and Dirty Tips.

Links:

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Transcript

Click on a timestamp to play from that location

0:00.0

If you're considering opening a retirement account or have already been shopping for one,

0:10.0

you've probably seen the option to open a self-directed IRA or SD IRA.

0:16.0

This show will review what a self-directed IRA is,

0:20.0

how it differs from a regular IRA, who might benefit from having one, and other types of self-directed

0:26.4

retirement and medical spending accounts.

0:29.2

Hey everyone, thanks for joining me this week.

0:31.5

I'm Laura Adams, your host since 2008, with over 42 million

0:36.0

downloads. I'm also a keynote speaker and founder of The Money Stack, a weekly newsletter and community helping you build your bank account on your terms.

0:46.2

If you're a Money Stack subscriber, you'll automatically get an invitation to my next workshop.

0:52.0

It's going to be a good one, called Your Debt Free Blueprint.

0:56.1

How to Get Out of Debt Fast.

0:58.2

I hope you register and join me and make this year the year you finally take control of debt, reduce stress, and make real progress

1:07.4

reaching your financial goals. That's what this show is all about. The live workshop will be 60

1:12.2

minutes of jam-packed instruction on debt

1:15.4

elimination strategies and tactics, followed up by at least 30 minutes of

1:20.4

Q&A with me. And don't worry if you can't attend the live workshop.

1:24.8

Everyone who registers will receive the video replay to watch any time you like.

1:29.5

Just visit LauraD Adams.com right now to subscribe to the free money stack

1:35.8

newsletter and you'll automatically receive an invitation to register for

1:39.8

our educational community events. I'm really looking forward to it and I hope to see you there.

1:45.1

And another way to reach me is by leaving a voice message. Maybe you have a money question or an idea

1:51.2

for a podcast topic. I would love to hear it. Just call

...

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