As a sophisticated investor, you want to control where and
how you invest for retirement.
With a self-directed IRA, you direct your retirement money
into investments that are unique to your interests and
knowledge. This gives you flexibility, personalization and
diversification.
Bank of Utah has the experience and knowledge to assist
you with acquiring and administering unique investments in
your IRA. This allows you to explore new opportunities with
confidence, knowing our trust officers will administer your
IRA assets in accordance with your directions and IRA
regulations.
Including limited liability companies and private company stock
Including residential rental properties, commercial building, land and more
Including private loans, precious metals (gold and silver), mineral interests (oil and gas) and CDs
The Internal Revenue Code requires that a qualified custodian maintain custody of the assets in an IRA for the account owner.
Unlike registered financial advisors and broker-dealers, the custodian of a self-directed IRA does not offer or sell investments, or provide any investment guidance or advice. Rather, the custodian executes your investment decisions solely at your discretion.
As custodian for your self-directed IRA, Bank of Utah can help you:
PLEASE NOTE: We strongly recommend that you consult with your financial advisor before entering into this type of investment. Together, you can consider the intricacies of your specific and alternative investment choices.
Can Bank of Utah Help Roll My Retirement Accounts into a Self-Directed IRA?
Yes. Bank of Utah advisors can help you transfer qualified funds into a self-directed IRA. Most types of retirement accounts can be transferred into a self-directed IRA, including:
What Are My Duties as the Account Owner of a Self-Directed IRA?
The owner of a self-directed IRA has the following responsibilities:
What Should I Do Before I Make an Investment in a Self-Directed IRA?
Before you invest, it is prudent to perform your own thorough research and due diligence on the risk profile of an investment and the track record of the investment advisor and/or sponsor. You should consult with tax and legal advisors for specific questions about your investment and any tax or legal implications.
DISCLOSURE: Non-deposit investment products are not FDIC insured