Self-Directed IRA with Checkbook Control
IRA Financial Trust Company is one of the few IRA Custodians in the country that specializes in establishing Self-Directed IRA (SDIRA) with Checkbook Control accounts. These accounts are often known as a Checkbook Control IRA. What is a Self-Directed IRA LLC with Checkbook Control? A Self-Directed IRA LLC is a type of IRA (Individual Retirement […]
SIMPLE IRA Plan In a Nutshell
A Self-Directed IRA is a type of IRA structure that allows the IRA holder (you) to have more control over your retirement funds. Unknown to some, not all Self-Directed IRAs are the same. The IRS allows you to use your Individual Retirement Account to make traditional investments. This includes stocks, bonds and mutual funds. Fewer […]
SEP IRA Self-Directed Plan in a Nutshell
SEP IRA A Self-Directed IRA is a type of IRA structure that allows the IRA holder (you) to control over your retirement funds. But did you know that not all Self-Directed IRAs are the same? Most individuals know the IRS allows you to use your IRA to make traditional investments, such as stocks and mutual […]
The Self-Directed IRA – Traditional IRA
The Traditional IRA is the retirement account most Americans know about. A self-directed IRA, on the other hand, is like a traditional IRA, but with more investment opportunities. Self-direct your traditional IRA today.
What is a Self-Directed IRA?
Self-Directed IRA Definition A Self-Directed IRA (SDIRA) is a retirement account that gives you complete control over your investments. Unlike a traditional account, you don’t have to invest strictly in stocks, bonds and mutual funds. You can now make alternative investments, like real estate, cryptocurrencies, private business, gold and much more. Step away from Wall […]
Checkbook Control Self-Directed IRA – The Law
Checkbook Control The ability to invest retirement funds in a newly established special purpose entity that the IRA owns 100% of, and is managed by the IRA holder is legal by the Tax Court and IRS (Internal Revenue Service). It has been legal for over 18 years. However, only recently did the Tax Court confirm […]
IRS Form 5498 Changes -2015 & Beyond
IRS Form 5498 will change from Tax Year 2015 and beyond. The IRS now requires IRA custodians to separately specify transactions on certain investments.
Prohibited Transaction Case Law Summary
The Internal Revenue Code does not describe what a Self-Directed IRA can invest in, only what it cannot invest in. Internal Revenue Code Sections 408 & 4975 prohibits Disqualified Persons from engaging in certain types of transactions, known as a prohibited transaction. The purpose of these rules is to encourage the use of IRAs for […]
