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self-directed IRA

   Also found in: Acronyms, Wikipedia 0.06 sec.
Self-directed IRA
An IRA that the account holder can after appointing a custodian manager to carry out investment instructions.
self-directed IRA
An individual retirement account that permits its owner to have wide latitude as to types of assets and control over the investments within the account. A self-directed IRA generally refers to IRAs established at brokerage firms in which customers may buy and sell securities. Brokerage firms frequently charge an annual fee of up to $50 in addition to commissions on any trades in an account.
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