Self-Directed IRAs for CPAs


Overview
This program explores the overlooked truths buried in §§ 408 and 401, Individual Retirement Arrangements (IRAs), Health Savings Accounts (HSAs), and § 401 (k) plans. The participant will learn that securities are only a small part of what is available for investment and that “alternative” assets such as real estate, private lending, private placements, and precious metals are all possible and legal.

Objective
The participant will gain a working knowledge of “alternative” asset acquisition by IRAs and other tax advantaged plans as well as the IRS rules associated with those acquisitions.

Emphasis

  • What is Self-direction?
  • Plan types – what can be self-directed
  • Applicable IRS code sections
  • Possible Assets
  • Disqualified Persons & Prohibited Transactions
  • Step-by-Step Process
  • Precious metals/Lending/Private Equity/Real Estate
  • Leverage and UBIT
  • Due Diligence
  • HSAs
  • CPA involvement in SDIRAs
Prerequisite
None

Preparation
No advance preparation required

Level of Knowledge
Basic

CPE Credit
4 Hours

Delivery Method  
Group Internet Based

NASBA Field of Study
Taxes

Author
Clay Malcolm