Extending Community Support During COVID-19

We are living through a historic time, a time where extending a helping hand to our neighbor can make a giant impact. As such, Specialized Trust feels that it is our duty to give back to the community that upholds our business. The team at Specialized Trust saw a unique opportunity in Broadway Mary’s, a restaurant in Lorain, Ohio that … Read More

What is a Self-Directed IRA and How Do You Know If You Have One?

Are you serious about creating consistent, predictable, secure wealth for today and tomorrow? If so, it’s imperative you know the difference between a traditional IRA and a self-directed IRA. Failure to understand the difference between what I call a “plain vanilla IRA” and a “true self-directed IRA” can mean the difference between failure and success, poor or rich, slave or free (I’m only … Read More

3 Top Tips to Help With Retirement Planning

Retirement Plan

Planning for your retirement is essential to ensure you have a good quality of life as you get older and no longer work. It’s important to have a solid savings plan in place now, so you can make the most of your money when you retire. With that in mind, here are three tips to help with your retirement planning: … Read More

3 things you should know about your self-directed IRA

Whether you’ve already made the move to a self-directed IRA, or it’s simply an option you’ve put on the table to consider, it’s important to know as much as you can before moving forward – after all, the benefits of self-directed IRAs are commensurate with the risks. If you jump in without learning everything you can, you’re going to come … Read More

5 Tips for Making the Most of Your Self-directed Investment

A self-directed IRA can be an amazing way to make the most of your retirement planning, but it’s not a wholly foolproof approach; if you don’t do your homework and put in the proper effort, you’re going to come out behind what you would with a more traditional, hands-off arrangement. To make sure you’re a winner in the long term, … Read More

5 Ways to Reduce Your Tax Liability & Increase Your Nest Egg

There are many ways to decrease your tax liability and self-directed IRAs are just one of them. It’s that time of year when we are all scrambling to get our taxes done unless you are one of folks that happen to have everything completed February 1. In that case, here’s the pat on the back you deserve. For the rest … Read More

The Government Wants To Give You Free Money… Will You Take It?

As the days tick down toward the holiday season, kids are eagerly anticipating what Santa will leave them in their stockings. Well, Uncle Sam wants to give YOU a gift as well – that’s right, the government wants to hand you some money. Although most people would love to get free money handed to them from the government, very few … Read More

Retirement: You Need to Plan Now

It’s difficult to think ahead and even harder still to plan, 20 to 30 years in advance. However, it is crucial to a prosperous retirement that you start planning now, or be left wondering why you never invested in your future when retirement age rolls around. According to the Government Accountability Office, “About half of households age 55 and older … Read More

How Self-Directed IRA’s Are Saving the American Dream

Decades ago people left their home country, traveled great distances with only the clothes on their back and a suitcase in hand. They were heading to a place called America. They didn’t speak the language. They didn’t know the customs. They had no idea what awaited them when they landed in this new country. Often they were uneducated. They had … Read More