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Entrust New Direction News and Press

Entrust New Direction Offers Discount to Newly Unemployed 
Entrust New Direction IRA, Inc, a self-directed IRA/401(k) administrator for the Rocky Mountain region, announced a new deal for the newly unemployed. "We want people to know that they have options for their retirement funds," said Catherine Wynne, President of Entrust New Direction. "If someone has just been laid off, they probably have a free 401(k) to rollover into a self-directed IRA, and for them, we'll waive the account opening fees." 

A New Service Proves You Don't Need "Proof" For Gold in Your IRA 
When a retirement investor wants to buy gold or other precious metals through their IRA, metals dealers frequently sell "proof coins" noting that proof American Eagles are specifically allowed by the IRS. These "proof coins" usually cost an additional 20-25% beyond the value of the coin itself and are not required for a self-directed IRA, according to Bill Humphrey, CPA and Vice President of Entrust New Direction IRA, Inc, a self-directed IRA/401(k) administrator. The investor may be having their IRA pay for the wrong proof.

Beware the "Too Good to Be True" shortcut - IRS warns against funding a business start-up with retirement money
Unemployment is up, business loans are down and retirement funds are shrinking, leading many Americans to search for a solution. One option is commonly promoted as a way to "fund your business with your retirement plan". Is this the solution? As if to answer that, the IRS recently released a memo titled, "When ‘Too Good to Be True' Very Well May Be: Funding Business Startups with Plan Assets."

Free Webinars Announced: Your Retirement Account Can Be a Better Bank - Secrets That Banks Don't Want You To Know

Fairpointe, a family-owned and operated mortgage company, announces two webinars on how to invest in private mortgages using a retirement account, presented with guest speaker Entrust New Direction IRA, Inc., a self-directed IRA administrator. The free webinars, Learn the Secrets the Bank Doesn't Want You to Know From a 15-Year Veteran on July 17th, and Overcoming the Top 5 Fears in Servicing Private Mortgages on July 31st, will describe the alternative retirement investment of private mortgage lending.