Does using a self-directed IRA increase my risk of an IRS audit?
Not necessarily. A self-directed IRA is subject to the same IRS rules as other IRAs of the same type. However, holding alternative assets may involve additional requirements related to prohibited transactions, valuations, reporting, and other compliance matters.
Account owners are responsible for ensuring their transactions comply with applicable IRS rules. Mountain West IRA provides administrative and custodial services but does not provide tax, legal, or financial advice. Consult a qualified tax or legal professional when guidance is needed.
Setup your ultimate Retirement Machine!
Mountain West IRA offer a variety of retirement plans for individuals and small business owners.
Building wealth can be difficult, but our knowledgeable staff is dedicated to serving as your primary source for financial education, enabling you to make informed self-directed asset purchasing decisions.
