Invest Your Ira Llc | Check Book IRA

1. Combine most all of your IRAs or other retirement accounts into one Self-Directed CheckBook account. Reduce paperwork, stress and IRA fees.

2. With the exception of life insurance, collectibles and a few family members, you may invest in anything and with anyone. No longer are you stuck with only what the Custodian offers.

3. In an earlier post entitled IRS Filing Requirements for a CheckBook IRA LLC, I explained why a single-member IRA LLC or an LLC with one IRA as the owner was not required to file a Federal Tax return (assuming the LLC did not incur any Unrelated Business Taxable Income).

4. It’s nice not to have a custodian or an Ira Trustee. you are the plan administrator, so there is no requirement for a trustee. You just have to have an account at a bank. You are the plan administrator, so you make all the reporting; but there’s really no reporting to be done.

5. It’s nice not to have a custodian or an Ira Trustee. In a 401(k), you are the plan administrator, so there is no requirement for a trustee. You just have to have an account at a bank. You are the plan administrator, so you make all the reporting; but there’s really no reporting to be done.

6. Phone 800-482-2760 915 SW Rimrock Way, Ste 201, Redmond, OR 97756 Address Fax 866.302.5992 Website https://www.checkbookira.com