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Opening a Self-Directed plan will expand your investment options beyond the realm of traditional to include many non-traditional investments. The IRS does not specify qualified investments, however, the IRS prohibits the following types of investments:

  • Life Insurance for yourself
  • Art
  • Antiques
  • Rugs
  • Gems
  • Stamps
  • Metals (except Gold, Silver & Palladium Bullion)
  • Coins (except US Minted Gold or Silver Eagle)
  • Alcoholic Beverages
  • Sub-Chapter S Corporations

Additionally, the prohibited transaction will generally involve the improper use of your plan by you or any disqualified person. A disqualified person includes any member of your immediate family (except siblings), employers, certain partners and fiduciaries. Your plan can also be disqualified for improper use of your Self-directed Account by you, your beneficiary, or any disqualified person for any of the following direct or indirect transactions:

  • Purchasing property currently owned by you
  • Using your account as security on a loan
  • Selling personal property to your account
  • Purchasing Real Estate for present use (such as vacation or second home)

As with any investment you may be considering, please consult your tax professional prior to investing.

Do you Have Questions? Let us know!

Existing Clients
(888) 855-9856

Future Clients
(888) 662-0869

WHO WE ARE

With more than 29,000 clients in all 50 states, our elite team of professionals is the premier choice. We offer highly personalized service tailored to your needs, transforming your financial future.

CONTACT US

OUR ADDRESS

8880 W. Sunset Rd.,
Suite 250
Las Vegas, NV 89148

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FAX

(702) 253-7565

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EMAIL

info@trustprovident.com

Provident Trust Group, LLC is a BBB Accredited Management Consultant in Las Vegas, NV