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

Checkbook IRA

A Checkbook IRA gives you the capability to invest in assets beyond stocks, bonds, and mutual funds in real time.

What is a Checkbook IRA?

A Checkbook IRA allows you to invest directly in alternative assets without the need for a custodian for everyday transactions. Broad offers two Checkbook IRAs: the IRA LLC and the IRA Trust. Our Checkbook Control Model gives you the 3 C’s!  

Control

YOU control all of your investment decisions.

Cost

YOU save money by avoiding asset-based fees.

Choice

YOU have the freedom to invest in different types of assets.

What Types of Checkbook IRAs are there?

Self-Directed IRA Trust

A type of Checkbook IRA that allows you to invest your retirement funds in alternative assets with no state fees.

Self-Directed IRA LLC

Another type of Checkbook IRA that lets you hold alternatives in your retirement portfolio with the added benefit of superior liability protection.

What Types of Checkbook IRAs are there?

Plans

Traditional and Roth IRAs Available

Available in All 50 States
Lifetime, Free Customer Support
Real-time Access to Your Funds
Formation of a Specialized Entity for your IRA
Unlimited Free Transactions
Superior Liability Protection
Multi-Member Ownership
Annual State Fee
Asset-Based Fees
Quarterly Custodial Fee
How You Make Investments
Setup Time
Learn More

IRA Trust

$95
Check, Debit Card, or Wire
1-2 Weeks

IRA LLC

$95
Check, Debit Card, or Wire
2-3 Weeks

What Types of Self Directed IRAs are there?

PLANS

Traditional and Roth IRAs Available
Available in All 50 States
Lifetime, Free Customer Support
No Asset-Based Fees
Formation of a Specialized Entity for your IRA
Unlimited, Free Transactions
Superior Liability Protection
Multi-member ownership
Annual State Fee
Custodian
Set Up Fee
Quarterly Custodial Fee
How You Make Investments
Setup Time
Learn More

SELF DIRECTED IRA

Traditional and Roth IRAs Available
Available in All 50 States
Lifetime, Free Customer Support
No Asset-Based Fees
Formation of a Specialized Entity for your IRA
Unlimited, Free Transactions
Superior Liability Protection
Multi-member ownership
Annual State Fee
Custodian
Madison Trust
Set Up Fee
$50
Quarterly Custodial Fee
$95
How You Make Investments
Send Form to Custodian
Setup Time
1 Week

IRA TRUST

Traditional and Roth IRAs Available
Available in All 50 States
Lifetime, Free Customer Support
No Asset-Based Fees
Formation of a Specialized Entity for your IRA
Unlimited, Free Transactions
Superior Liability Protection
Multi-member ownership
Annual State Fee
Custodian
Madison Trust
Set Up Fee
$1,195
Quarterly Custodial Fee
$95
How You Make Investments
Check, Debit Card, or Wire
Setup Time
1-2 Weeks
Learn More
IRA Trust

IRA LLC

Traditional and Roth IRAs Available
Available in All 50 States
Lifetime, Free Customer Support
No Asset-Based Fees
Formation of a Specialized Entity for your IRA
Unlimited, Free Transactions
Superior Liability Protection
Multi-member ownership
Annual State Fee
Custodian
Madison Trust
Set Up Fee
$1,295 *
Quarterly Custodial Fee
$95
How You Make Investments
Check, Debit Card, or Wire
Setup Time
2-3 Week
Learn More
IRA LLC

Still have questions? Don’t worry, we have answers!

Reach out to us to get a free consultation from a Broad Specialist.

Find Out More

Do you have questions about the Self-Directed IRA investing process? Speak with a Broad specialist and get answers.

Schedule a Call

Take Our Quiz

If you're unsure which account is best for your investment, take our short quiz!

Take the Quiz

Checkbook IRA - FAQs

How is a Self-Directed Checkbook IRA different than a standard IRA?

If you ask to invest in an alternative asset like real estate at your typical brokerage, they may refuse to hold the investment or charge you exorbitant fees to do so. A Self-Directed Checkbook IRA lets you invest in almost any alternative asset in real-time by simply writing a check or sending a wire from your designated checking account.

Do I need to have a physical checkbook to have checkbook control?

In order to have checkbook control, you must create either an LLC or Trust and a designated checking account, which gives you the power to invest in the asset of your choice in real-time. A physical checkbook is not necessary but is an easy way to send money from your IRA LLC or IRA Trust checking account. If you do not have a physical checkbook, you can also select to wire funds.

Are there any specific rules for Checkbook IRAs?

With the freedom to invest and manage your own retirement account, comes great responsibility to do proper due diligence and adhere to any rules and regulations that govern Self-Directed IRAs. An important rule to understand is to not partake in a prohibited transaction, which means that a disqualified person must not extend credit nor receive any immediate benefit from the IRA. For more information, please visit our prohibited transactions page

Contact Us

Address:
One Paragon Drive
Suite 270
Montvale, NJ 07645

Phone: (800) 395-5200

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