Benefits of Self-Directed Retirement Plans
The primary benefit of a self-directed IRA is that you can invest in alternative assets. In addition to the standard options, you can invest in real estate, precious metals and cryptocurrency. You can also invest in alternative assets with an Individual 401K.
With SEP IRAs and SIMPLE IRAs, the main advantages are lower fees and higher contribution limits. An ESOP allows employees to buy into their employer's stock and provides usable capital for the business.
Whether you open a business account for your employees or an individual account, a self-directed HSA is easier to manage and makes reimbursements a breeze.