An Overview of «Prohibited Transactions» in a Self Directed IRA

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IRAs are a wonderful retirement savings tool. They provide an abundance of tax benefits and can make saving for retirement safe and relatively secure. However, they do come with a set of rules and regulations. Self Directed IRAs, which provide the most investment opportunities, also come with a list of «Prohibited Transactions.» It’s important to understand what’s prohibited to make sure you don’t incur penalties.

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