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Who is the Self-Directed IRA custodian and/or administrator
Do you know the difference between the plan administrator and the plan custodian? Do you know every individual retirement account (IRA) must have a custodian? Did you know each self-directed retirement plan, the administrator is a neutral third party and cannot offer advice, nor can the custodian? Each one of these positions has a distinct role with its own set of functions. Jaime Raskulinecz explains the difference is between the two positions and what you should look for in a particular custodian and or administrator. Read Mr. Raskulinecz’s article here…
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