Self-Directed IRA Custodians: A Comprehensive List

What is a Self-Directed IRA?

A Self-Directed IRA is an IRA that conforms to the limitations and flexibility outlined in tax law. Unlike “traditional” IRAs offered by brokerages that impose restrictions on account holders’ freedom to invest, self-directed retirement plans are designed to give you the investment freedom permitted by law. Self Directed IRA is often abbreviated to: SDIRA.

What are the advantages of a Self-Directed IRA With Checkbook Control?

Self-directing with checkbook control makes SDIRA investing as simple as writing a check from a business bank account. Without checkbook control, every transaction on behalf of your SDIRA must be processed by the SDIRA custodian, which adds fees, paperwork, and time to the investment process.

Checkbook–Control IRAs are governed by Sections 408 and 4975 of the Tax Code – just like all “regular IRAs” and SDIRAs. Using a Checkbook IRA-LLC enables opportunistic and cost-effective investment in assets that you choose.

What are some popular Self-Directed IRA investments?