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EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. BREAKING DOWN 'Investment Vehicle' The term "investment vehicle" refers to any method by which individuals or businesses can invest and, ideally, grow their money. Part 1 UBTI. Making investments with funds from a self directed IRA provides a great tax advantage in that most income is tax free until distribution.

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