Think of Checkbook Self-Directed IRA LLCs as Retirement Investment Vehicles

Think of Checkbook Self-Directed IRA LLCs as Retirement Investment Vehicles
Think of Checkbook Self-Directed IRA LLCs as Retirement Investment Vehicles

This is the simplest way to think about these accounts. But let’s back up. What is an LLC within a Self-Directed IRA, and what does it have to do with checkbooks? We explained it at our Checkbook Self-Directed IRA LLC website, but let’s explain further. With a Self-Directed IRA, you can invest in a wide range of retirement assets. One such asset is a Single Member LLC. That Single Member LLC can have its own checkbook. Put the two together, and you have a checking account that can be part of your IRA, which means you can write checks from within the IRA.

As long as you follow the typical rules of retirement, you’ll have no problems with the flexibility that checkbook offers. Since the checkbook is contained within a Self-Directed IRA, it opens different investing avenues. Think real estate, precious metals, and more. And the advantage of having checkbook control? If you spot an opportunity, you don’t have to move through custodial approval processes to jump on it.

#2: Think of Checkbook Self-Directed IRA LLCs as Long-Term Strategies

The initial fees and administrative costs associated with setting up an LLC within a Self-Directed IRA might sound complicated. And they can be—but that’s not a problem when you have a Self-Directed IRA administration firm helping. If you’re thinking, however, that the fees add up, it’s true. It’s going to be slightly more expensive than simply opening a Roth IRA and starting to put some money aside in stocks.

But you can think of this as a long-term strategy. Because once you have an LLC’s checkbook inside your own IRA, the administrative fees lessen. You’re not constantly running through custodial approval. Over time, you can make your investments more easily.

#3: Think of Checkbook Self-Directed IRA LLCs as Investments in Yourself

When you hold an LLC within an IRA, you give yourself more control. Yes, there are benefits to that. You control the account, you gain more freedom, and you make retirement investments at the drop of a hat. These are all great benefits. But what’s really happening is that you’re empowering yourself to take control of your retirement. You now get to choose what kinds of assets end up in the account—from real estate to stocks to precious metals—and this means that you’re the one who’s making high-level decisions beyond what traditional brokers offer you: stocks and bonds.

With the tax benefits of holding these funds within a Self-Directed IRA, there are a lot of reasons to explore a Checkbook Self-Directed IRA LLC. You can get all sorts of benefits. You can explore new avenues to success. And you can do it all much more quickly—and with freedom that others don’t have. If you’re interested in exploring this solution for yourself, there’s no time to act like the present. We encourage you to reach out to us here at TurnKey IRA by dialing 844-8876-IRA (472). We’ll be glad to tell you what the next steps are.

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