It’s Easier Than You May Think to Set Up and Establish a Self-Directed IRA with Checkbook Control with Broad Financial

We make the process as simple and as fast as possible:

Here’s how we create your Checkbook IRA LLC in 7 easy steps:

1. First, you will open a Self-Directed IRA with Madison Trust, our sister company, by completing their easy online application.
2. To upgrade your Self-Directed IRA to have checkbook control, next, you will venture over to Broad Financial where you will fill out our equally simple online application.
3. Following, you will fund your Self-Directed IRA by transferring or rolling over all - or a portion of - your funds from a previous retirement account, such as an IRA or 401(k), or by making an initial contribution.
4. Broad Financial will create a specialized IRA LLC for your Self-Directed IRA.
5. After this creation, you will head over to the bank of your choosing and open a checking account for your new IRA LLC.
6. You will then instruct Madison Trust as your Self-Directed IRA custodian to send your IRA funds directly to your newly created IRA LLC checking account. To achieve this, you must fill out our straightforward Investment Authorization Form.
7. Once the funds are in your newly established checking account you can begin your investing journey by simply writing a check or sending a wire directly to your investment!

That’s It!

In 2-3 weeks, you’ll have a bank account that you’re in complete control of.

It will work just like a regular bank account, but since it’s under the umbrella of an IRA, all your profits will be tax-sheltered.