Entrust New Direction IRA offers both tax-deferred and tax-free self-directed plans to help you reach your investment goals. The plans range from traditional IRAs or Roth IRAs, to tax-deferred savings plans designed for small businesses, such as SEP IRAs, Simple IRAs and 401(k) plans. Besides retirement plans, we also offer self-directed plans to save for children's education, health savings and more.

We invite you to learn more about the self-directed plans we offer, as well as the full scope of possible self-directed investments.:

Traditional IRA. A traditional IRA is any IRA that is not a Roth IRA or a SIMPLE IRA. May be opened by any individual who has earned income and wants to set aside a portion for retirement on a tax-deferred basis. Contributions to traditional IRAs may be made until you are 70½ years of age.

Roth IRA. A Roth IRA differs from a traditional IRA in the sense that your contributions are made with after-tax dollars. This means that eventual distributions from a Roth IRA are tax free. By contrast, with a traditional IRA you pay no taxes up front but pay them when you withdraw the money during your retirement. Moreover, contributions can be made to a Roth IRA even after you attain age 70 1/2, and unlike a traditional IRA, you are not forced to take distributions. Generally, a Roth IRA is appropriate for those who expect their tax rates during retirement to remain the same or be higher than their current tax rate.

SEP IRA. A Simplified Employee Pension (SEP) IRA is a plan that allows an employer, including self-employed individuals, to make contributions toward his or her own and their employees' retirement plans without becoming involved in administrative complexities.

SIMPLE IRA. Under a SIMPLE IRA plan, employees may choose to make tax-deferred contributions out of their salary while the employer makes a matching contribution of 3 percent each year, or, alternatively, a non-elective contribution of 2 percent of compensation. Employers must make either one or the other type of contribution, and must notify the employee before the beginning of each year which contribution type will be made. A Savings Incentive Match Plan for Employees (SIMPLE) IRA, is well suited to small businesses. Generally, the attraction of a SIMPLE IRA is its ease of administration.

Health Savings Accounts (HSA). Health Savings Accounts (HSAs) are designed to help individuals save for future qualified medical and retiree health expenses on a tax-free basis. And unlike a Medical Savings Account (MSA), an HSA is not a "use it or lose it" account.

HSA Basics (tri-fold brochure)

Frequently Asked Questions
More from US Dept of the Treasury...

Education Savings Accounts (ESA). An Education Savings Account, or ESA, is a trust or custodial account that is designed exclusively for paying the qualified higher education expenses of the designated beneficiary of the account. The account must be designated as a Coverdell Educational Savings Account when it is created to be treated as a Coverdell (ESA) for tax purposes.

Qualified Plans.Qualified plans receive different tax treatment from IRAs. Traditionally offered and administered by larger corporations, qualified plans are now available even to one-person businesses. They require a bit more administration, but allow larger annual contribution amounts and provide maximum tax advantages.

Qualified plans include:

• Defined Benefit Plans - Familiar to many as a "pension plan," a defined benefit plan is designed to provide the participant a specific monthly benefit at retirement. This benefit may be stated as an exact dollar amount.
• Defined Contribution Plans - Examples of defined contribution plans include 401(k) plans, 403(b) plans, and employee stock ownership plans. Plan trustees may provide the opportunity for employees to make their own investment choices.
• Automatic Rollover Plans - For retirement plan distributions after March 27, 2005, new automatic rollover rules apply to amounts that could have been involuntarily cashed out under prior law. As a result, many plan sponsors are changing the processing of retirement plan distributions in order to include rolling those involuntary distributions into rollover IRAs.
• Individual (k) Plans-  An Individual(k) plan is a cost-effective 401(k)/profit sharing plan for small business owners. The Individual(k) has 401(k)-like options for sole proprietors or small business owners. The plan offers the highest contribution amounts and lower administration fees of all plans. Learn more about individual (k) plans...
  

For more information click on the links below:
About self directed plans
Investments & Plans
Professional Resources (includes IRS regulations)