Using IRA money to invest in private companies Submitted by Jenny Jeter on Tue, 2014-08-05 19:07 Can a person use IRA money to invest in private companies? thank you Flag as spam
Permalink Submitted by Alan - IRA critic on Tue, 2014-08-05 23:54
Yes, but will need a self directed IRA custodian to hold the IRA. Person needs to be aware of prohibited transactions if any of these companies are owned by related parties.
Permalink Submitted by Jenny Jeter on Wed, 2014-08-06 16:46
Thank you Alan.Do you know of firms that allow self directed IRAs? Seems like it is harder to find a custodian that will allow private investments.