When someone switches employers or careers, many people take their retirement funds with them by “rolling them over” into an IRA. Most IRAs are managed by a handful of large firms like Charles Schwab and Fidelity. A rollover IRA allows you to continue to take advantage of tax benefits when you leave a former employer’s 401(k) plan.
Most people don’t know that they can take control of their IRA and invest all or a portion of it in the things they choose, whether that’s a local real estate play, gold or an investment in their area of expertise by “self-directing” their IRA.
The primary benefit of using a Self-Directed IRA (or SDIRA) is diversification. Instead of being tied up exclusively in volatile, and sometimes low-yielding stocks, bonds, ETFs, and mutual funds, you can invest in other sectors that most retirement accounts have no access to – including renewable energy projects managed by Energea.
To assist Energea’s investors with setting up a SDIRA, we partnered with The Entrust Group.
For almost 40 years, Entrust has administered nearly $3 billion in total assets and is fully insured by the FDIC.
By opening a SDIRA account with the Entrust Group, you can choose to invest in a diverse portfolio of renewable projects through the Energea platform.
Renewable Energy projects are a good match for long-term retirement investments due to their long-term, consistent dividend yield and compounding returns.
If we want to limit the effects of climate change, we need to direct our capital towards carbon-free technologies and investments and SDIRAs, plus the Energea platform, is a great way to achieve your environmental and retirement objectives at the same time.
Create an Energea account and select “IRA” as a funding source to direct your retirement plan towards an asset class that can do more than produce a return on investment.
Thank you for your commitment to investing in a better future with Energea.