Curated News
By: NewsRamp Editorial Staff
December 19, 2024
Next Generation Trust Company CEO Shares Insight on Private Credit in Self-Directed IRAs
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- Investors can benefit from private credit in their SDIRA by becoming lenders and generating sustainable fixed income.
- Private credit allows small or middle-market companies to borrow funds from non-bank entities, offering fixed returns to investors.
- Private credit investing creates portfolio diversity, hedges against market volatility, and provides a reliable income stream for investors.
- Private credit market has grown to $1.5 trillion in 2024, projected to reach $2.8 trillion by 2028, offering diverse investment opportunities.
Impact - Why it Matters
This news matters because it provides valuable information for self-directed investors looking to diversify their retirement portfolios. By including private credit in their retirement accounts, investors can create portfolio diversity and a hedge against market volatility while enjoying a reliable income stream regardless of the economic environment.
Summary
Jaime Raskulinecz, CEO of Next Generation Trust Company, shared information for self-directed investors about including private credit in their SDIRAs. The private credit market is growing due to tighter lending policies among traditional financial institutions, creating opportunities for investors to become lenders through their self-directed retirement accounts. Next Generation specializes in the administration and asset custody for self-directed retirement plans, allowing investors to diversify their portfolios with alternative assets such as real estate, precious metals, royalties, private equity funding, and more.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, Next Generation Trust Company CEO Shares Insight on Private Credit in Self-Directed IRAs
