The AES Venture IRA™ LLC is a special purpose limited liability company, which is either fully or partially owned by an individual retirement account (IRA).
Since the IRA owns the Venture IRA™, IRA funds can be legally transferred to the Venture IRA™ in exchange for member units (shares) of the Venture IRA™. After this funding, both traditional and non-traditional investments may be purchased by the Venture IRA™ instead of directly in the IRA. Then either you or someone else you choose as manager of the Venture IRA™ has direct control over those investments.
This plan allows the holder to make decisions and direct the investments of the IRA without restriction or tax penalties. Real estate, commercial or home properties are investment examples.
Ultimately all the Venture IRA™ value will flow back to your IRA as part of your normal IRA retirement nest egg. See the diagram below for an illustration of a typical Venture IRA™.
At Asset Exchange Strategies, LLC we have had conversations with potential self-directed IRA clients many thousands of times and the myths continue to live on after 20 years in the business. Some things like Sasquatch or area 51 seem to perpetuate in people’s minds without any substantial evidence the concept is correct or myth. Let’s […]
When you have a standard IRA or 401k, your investment options are pretty limited. Typically, you’re forced to invest in stocks and that’s about it. domain info However, many people are starting to consider using their traditional retirement funds to make investments in real estate. With a real estate IRA, suddenly your investment options are […]
If you’d like something to invest in your IRA besides bonds, mutual funds and stocks, you may want to try real estate. You can buy houses, condos, commercial properties and even rental properties. You can start using IRA to widen your retirement portfolio since IRAs can manage a broad selection of assets. Hence, you can […]
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