SIMPLE IRA

Can assets of a SIMPLE IRA be invested in Real Estate or Closely held stock?



A Simple IRA can hold any of the same assets as a traditional IRA. That said, these two asset types provide plenty of pitfalls that can result in a prohibited transaction, and/or UBTI tax bills for the IRA. With respect to closely held stock, see the following:

http://benefitslink.com/modperl/qa.cgi?db=qa_distributions&id=187



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