Speak with a Broad specialist:
(800) 395-5200Schedule a CallOpen an Account
Speak with a Broad specialist:
(800) 395-5200Schedule a CallOpen an Account

March 15, 2024

Everything You Need to Know About Self-Directed IRAs with Checkbook Control

A Self-Directed IRA with Checkbook Control is a supercharged IRA that unleashes the full potential of your IRA and enables you to go beyond stocks and bonds. It enables you to invest your retirement money directly into real estate, private placements, promissory notes, and more without having to contact your IRA custodian for everyday transactions - thus saving you time and money. It has the same tax benefits as a regular IRA and can be set up as a Traditional, Roth, or SEP Self-Directed IRA.

How Does It Work?

Together with our sister company, Madison Trust, we simplified the process to four steps - Open, Fund, Create, and Invest.

1. Open

You open your account by completing our easy online application.

2. Fund

To fund your account, we assist you in transferring or rolling over your existing IRA, 401(k),or other retirement account or by making an initial contribution.

3. Create

We establish a new LLC or Trust for your IRA, which will serve as your IRAs self-directed investing platform. We appoint you as its manager or trustee, authorized to make all investment decisions. At your direction, we will fund your IRA LLC or trust at the bank of your choosing.

4. Invest

You can begin placing investments by simply writing a check or sending a wire. The process from start to finish is typically 2-3 weeks.

Why Broad Financial?

Broad Financial has been an industry leader since 2009. Together with our sister company, Madison Trust, we have more than 20,000 clients spread across all 50 states. We have thousands of five-star reviews and our friendly and knowledgeable staff in New Jersey and South Dakota provide incredible client support.

I encourage you to learn more. Then, set up a call with one of our Account Specialists and please give them feedback, as we are always looking to improve our client experience.

Disclaimer: Broad Financial LLC does not provide legal, tax, or investment advice. Please consult with your tax or legal advisor before making investment decisions. 


call now


Evaluation Form

Contact Us

One Paragon Drive
Suite 270
Montvale, NJ 07645

Phone: (800) 395-5200

Mondays – Thursdays: 8:00 am – 6:00 pm EST
Fridays – 10:00 am – 4:00 pm EST


Get the latest news and insights on Self-Directed IRAs and Solo 401(k)s right to your inbox.
Sign Up For Newsletter

magnifiermenuchevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram