The leading crowdfunding portal developer and self-directed IRA services provider have created an easier and cost-effective way to invest individual retirement funds into emerging growth businesses.
CommunityLeader, Inc. and IRA Services Trust Company announced today at the Alternative Investing Summit, Ritz Carlton, Dana Point, California, the joint launch of the Crowdfund IRA. This unique self-directed IRA product gives individuals a new way to invest in securities-based crowdfunding ventures using their retirement funds in a compliant and transparent process. "We’re excited about participating as the custodian of the Crowdfund IRA,” said Gary Shumm, Vice President, IRA Services Trust Company. “This unique introductory self-directed IRA gives any qualified individual the opportunity to open a new IRA or use their existing one to invest in a business that they know and like with the possibility of helping their retirement.”