Seminar offers information on including real estate in retirement investments

When most people think of IRAs, SEPs, 401ks, etc., they usually think of investing in the stock market, mutual funds and more.

However, using a self-directed retirement account, your retirement plan can include real estate, along with a variety of other real estate- related investments, such as notes. Everyone can use their retirement plan to invest in real estate; they just have to have the proper plan set up. Learning about this method of investing can potentially benefit the growth of your retirement account greatly.

Using retirement funds for investing in real estate has been allowed since the ‘70s. It was just the plan administrators that restricted the investment in real estate; it was never the IRS that restricted it. In fact, the idea of real estate not being allowed is so entrenched that many CPAs are just now learning about the concept and “approving” it for their clients.

The first step is to find a plan administrator that is set up to provide self-directed plan services. Then determine which type of retirement plan fits your situation best. The next step is to fund the account. Then, in turn, use those funds to purchase allowable assets.

To learn about the process and how it might benefit you, attend the real estate-related investments in IRAs and qualified plans seminar at 6:30 p.m. Tuesday, Feb. 9, at RE/MAX of Boulder, 2425 Canyon Blvd., in Boulder. Sign up for the seminar through Duane Duggan’s office, (303) 441-5611.