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Updated over 9 years ago on . Most recent reply presented by

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Tom Sheehan
  • Investor
  • North Hollywood, CA
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Self directed IRA's

Tom Sheehan
  • Investor
  • North Hollywood, CA
Posted

Once I have rolled over money into a self directed IRA, do I need to invest right away? Is there a time limit to invest?

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Brian Eastman
  • Self Directed IRA & 401k Advisor
  • Wenatchee, WA
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Brian Eastman
  • Self Directed IRA & 401k Advisor
  • Wenatchee, WA
Replied

@Tom Sheehan

With any IRA, whether self-directed or otherwise, there is no mandate surrounding the deployment of the capital in the account. You can sit in cash for as long as you like. As long as the funds stay in the IRA account, they have the tax sheltered status the IRS affords to an IRA.

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