Alan Johnson

When it comes to funding a private investment from within an IRA, many investors "don't know what they don't know." And while the process of making a private investment in an IRA account is straightforward, the consequences of a misstep can be very costly. I founded SDIC Services, LLC in 2020 with the idea of offering extremely affordable concierge services for individuals that might be considering an alternative investment with their IRA. Having worked in business development for two different custodians in the recent past, I have first hand knowledge of the operational side of establishing a self-directed IRA and using it for a private investment. I am not an attorney or CPA, and I am no longer a Registered Investment Advisor. I do not provide custodial services for self-directed IRA accounts, and I do not establish IRA LLCs (aka “Checkbook IRAs”), Trust IRAs, or self-directed Solo 401(k) plans. But what I do have are experiences. Lots of them. I believe these experiences put me in a better position than most to anticipate potential problems with self-directed IRAs and Solo 401(k) plans.