Do you have an IRA or a 401K? According to the Federal Reserve’s Survey of Consumer Finances, in 2013, about 45 percent of households aged 25 to 64 had balances in retirement accounts. Do those 45 percent of Americans know what their retirement accounts are invested in? Most likely not, and that doesn’t bother most […]
Category: Checkbook IRA
Funding an IRA Account with Alternative Investments
Whether you’ve been diligent about funding your retirement account for years, putting away the recommended 10% of your paychecks into an IRA or 401K, or if you’re just starting to save at 25 or 26, the last thing that you want is to watch your hard-earned funds dissipate into fees, or completely tank into nothing […]
Reasons Investing is Smarter With a Checkbook IRA
When a self-directed IRA owner has complete control and signing authority over their retirement funds, the term Checkbook IRA or Checkbook Control is used. With checkbook control, you never have to depend on custodian’s approval or consent to proceed with any investment decision (so long as rules are abided). Checkbook control isn’t a mandatory requirement […]
Checkbook Control Q&A Part II
A Self Directed IRA’s ownership of a LLC, or an ICO as it’s also called, is a special purpose limited liability company, which is either fully or partially owned by an IRA. Since the self directed IRA owns the ICO, IRA funds can be legally transferred to the ICO in exchange for shares of the […]
It’s Time for a Checkbook Control Q&A!
Gaining checkbook control through your IRA is a powerful tool for managing your assets as a self-directed IRA owner. But what is it? Checkbook control is a term used when a person who has a self-directed IRA has ownership, and signing authority over their retirement funds. Q. How do I set it all up? A. […]
Why Do We Love Checkbook IRAs?
We love self-directed IRAs and being able to invest in the to the full potential of an IRA or 401k. That is one reason we love a checkbook IRA or a self-directed IRA with checkbook control. Forming a limited liability company (LLC) with your self-directed IRA is a great way to use your self-directed IRA. […]
Checkbook Control IRAs Can Help You Invest Faster In The Things You Want
Investing is typically less stressful and more enjoyable when you don't have to go through so many hoops and obstacles just to invest in something that you want to invest in. For most of you who want to invest in something different with your IRA or 401k you will have to open an account with […]
Checkbook IRA Vs Self Directed IRA
There are many benefits to a self directed IRA compared to a regular IRA but have you heard about the benefits of a Checkbook IRA over a self directed IRA? While a self directed IRA and a checkbook IRA are very similar there are some differences and benefits that you’ll want to be aware of […]
What Is A Checkbook IRA
Another way to get even more through your self directed IRA or 401k is to with checkbook contorl. Having checkbook control can also be refered to as a checkbook IRA. Many people have asked me about what a checkbook IRA actually is and how it works. In order to help those who are new to […]