• The Self Managed Individual Retirement Account (SDIRA) is a variation of the traditional or Roth Individual Retirement Account (IRA).

  • You can own a variety of alternative investments, including real estate, in self-managed IRAs that you cannot do in conventional IRAs.
  • Standalone IRAs are generally only available through specialist firms that offer SDIRA custody services.
  • Custodians cannot give financial or investment advice on SDIRA, which means that any research, due diligence and asset management is solely the responsibility of the account holder.
  • There are other risks associated with SDIRA, including fees and the possibility of fraud.