When converting to a Self-Directed IRA/401k, the reason to avoid custodians is simple. Well, there are 4 reasons really.
With a custodian, you give custody of your retirement funds to yet another financial institution who acts as a middleman. This means when you request a transaction, you have to wait for them to process it.
LIMITED INVESTMENT OPTIONS
Because the ultimate “approval” of each requested transaction is up to the custodian, many of your 100% legal transactions get denied due to company policy or just due to [Read more…]