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Author: kaushalk Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76398  
Subject: Simple Q Date: 10/5/1999 10:11 PM
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How can I change a regular IRA to a self directed IRA?
Also is there such a thing as a self directed Rogh IRA?
Thanks
Kaushal
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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 14271 of 76398
Subject: Re: Simple Q Date: 10/6/1999 9:03 AM
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Greetings, Kaushal, and welcome. You asked:

<<How can I change a regular IRA to a self directed IRA?
Also is there such a thing as a self directed Rogh IRA?>>


A self-directed IRA is not a type of IRA. It's simply the name attached to an IRA (traditional or Roth) that's established with a broker instead of a bank, mutual fund or insurance company. Once established, the IRA owner may buy and sell securities like individual stocks within that IRA. To change a traditional (i.e., regular) or Roth IRA to a self-directed IRA all that's required is to transfer that IRA from where it is now to the broker of your choice. Any broker can help you do that.

Regards..Pixy


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