Friday, May 26, 2023

Investing in Privately Held Companies with a Self-Directed IRA

How do you use a self-directed IRA, self-directed 401(k) or other self-directed account to invest in a private company? John Bowens, Equity Trust’s Director, Head of Education and Investor Success at Equity Trust Company, breaks it down in this video. Whether it’s a Limited Partnership interest, membership interest in an LLC, a SAFE Agreement, or owning shares in a privately held corporation, it’s possible to use a retirement account to invest, and John explains the steps. Start a conversation with an IRA Counselor to learn more: https://www.trustetc.com/lp/consultation/?utm_source=youtube&utm_medium=social&utm_campaign=considertion_education&utm_term=investing_privately_held_companies 0:00 Intro  0:54 Three step process to execute a transaction  1:17 Step 1: Open and fund a SDIRA  2:28 Step 2: Direct the investment  5:06 Step 3: Manage and monitor your investment 6:16 Need assistance? How to schedule a one-on-one with consultation?  Equity Trust Company is a directed custodian and does not provide tax, legal or investment advice. Any information communicated by Equity Trust is for educational purposes only, and should not be construed as tax, legal or investment advice. Whenever making an investment decision, please consult with your tax attorney or financial professional.