Does schwab do self-directed iras?

Our self-directed IRAs give you control and flexibility to manage your own diversified portfolio of traditional and alternative assets, including the option of buying gold for IRA. Most investors consider flexibility to be an important requirement when deciding how and where to invest their retirement assets. A self-directed IRA is a tax-advantaged account that gives you full control over your retirement assets. You can choose from a wide range of assets, including buying gold for IRA, while directing all investment decisions on behalf of your account. Before investing, it's important to learn about IRA guidelines and about investing in alternative assets.

Charles Schwab is one of the biggest stockbrokers in the U.S. UU. It manages the company's 401 (k) plans, allows retail investors to have standard accounts, and offers self-directed IRAs. This firm is also a licensed bank and offers loans, checking accounts and other banking services.

Charles Schwab acts as a self-directed IRA, but doesn't offer the wide variety of investments offered by Pensco or UDirect IRA. A self-directed IRA is a special type of IRA or Roth IRA that allows individuals, together with companies, to hold alternative assets, real estate, publicly traded stocks, and even agricultural companies. Because of their complexity, brokers charge higher fees than other accounts and it can be difficult to find a self-directed IRA firm that charges a fixed fixed fee; instead, investors will pay several different fees. IRA Financial Group and Charles Schwab have worked together to allow IRA Financial Group 401 (k) clients to open a Checkbook Control Solo 401 (k) plan account with Charles Schwab without custody fees.

IRA Financial Group customers will be able to use IRA Financial Group's self-directed individual 401 (k) plan approved by the IRS and open the plan account with Charles Schwab, as well as other partners, such as Wells Fargo, Fidelity and E-Trade.