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IRA Custodians
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Self Directed IRA Custodians
You are required by the IRS to have a third party custodian for your retirement funds. Custodians must be approved by the IRS to act as custodians.
The IRA account holder cannot serve as the custodian of his or her own account. However, it's important to select a custodian that allows truly self directed IRA's.
Not all custodians allow truly self directed IRA's. Most banks and brokerage companies will only allow you to invest in investment productes that they offer.
The custodian will hold the membership interest in your Self Directed IRA LLC on behalf of your IRA.. For example: the ownership of the LLC wil be "XYZ Trust Company FBO John Doe IRA Account# XXXXXXX. (FBO means "For the Benefit Of").
Fees can vary widely among custodians, as can the flexibility of the services provided for account holders.
If the custodian holds real estate on your behalf, but does not service it (collect the rent, etc.), you may have to contract with other providers. However, be sure that all rents are paid into the IRA and that all taxes are paid by the IRA. It should be noted that this only applies when the IRA directly owns the investment. When the investment is made by your Self Directed IRA LLC, the LLC holds title to the property and can manage the property and collect the rents.
IMPORTANT NOTE: Custodians will not set up your LLC. They will only set up your Self Directed IRA. Self Directed IRA LLC will provide you with an IRS approved custodian that allows truly self directed IRA's
SelfDirectedIRA.org will set up a turnkey truly Self Directed IRA LLC for you quickly, efficiently, and economically. Please see "Set Up Your Self Directed IRA LLC" or call us toll free at:
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Client Testimonials
"All has gone well setting up my IRA for self directed. Money is transfered, checking setup etc. BTW this has gone extremely easy - just as you stated."
D. B. - Wisconsin
"...thanks for the great service"
R. F. Atty - New York
"Self Directed IRA is the best web site I have found for information regarding self directed IRA's. They provide a very good service for setting up the LLC and what to do after you have all the necessary documents. Thank You."
K.C. - New Mexico
"Thank You"
M. S. CPA - New York
"I greatly appreciate your assistance, and quick responses especially at this late hour."
R.W. - Alabama
"Thanks for the handholding throughout the process."
A.W. - North Carolina
"I can't thank you enough for your help over the past week. I couldn't have had a better guide through this process. I appreciate your time and efforts."
S.W. - Florida
"I am amazed how quickly you set this up...Congratulations and Thank You!"
P. O. - Connecticut
"Looks good...Thanks for your help"
S. P. - Arizona
"Great help...now I understand"
G. D. Tax Attorney - New York
"Very good ...Thank you for your help"
J. V. - Hawaii
"I rate this company as 5-star and definitely will recommend to others. Trustworthy!!!! ... thanks to Self Directed IRA LLC, you guys are awesome!" The above comment is from the bottom of my heart...this is my first time to do this kind of investments and you made it easy for me.
L. P. - California
"Thank you for your support"
S .F. - Pennsylvania
"Thank you for your quick action"
T. H. - Wisconsin
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