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

Why Should You Open a Self-Directed Checkbook IRA?

A checkbook control Self-Directed IRA puts the power to make investment decisions in real time. Sign up for your account with Broad Financial today!

What is a Checkbook IRA?

A Self-Directed IRA with checkbook control is a retirement account in which you can directly invest in the alternative assets of your choosing without the need to go through a custodian for every transaction you make. Do you want to invest in real estate, promissory notes, or startups? With a Self-Directed Checkbook IRA from Broad Financial, you can!

When you open a Checkbook Control Self-Directed IRA with Broad Financial, you'll be able to choose from two different types of accounts: an IRA LLC or an IRA Trust. No matter which type you choose, our Self-Directed IRA checkbook control model will give you what we refer to as the 3 C's:

Control

over all investment decisions. 

Cut Costs

by avoiding transaction fees.

Choice

about the types of assets you want to invest in.

What are the Two Types of Checkbook IRAs?

Self-Directed IRA Trust

This type of Self-Directed IRA combines a trust with your retirement account, allowing you to invest in alternative assets without state fees.

Self-Directed IRA LLC

This Checkbook IRA pairs with an IRS-compliant LLC, allowing you to diversify your retirement portfolio with alternative assets with the additional advantage of superior liability protection.

What is a Checkbook IRA?

Checkbook IRAs Comparison

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

$105
Check, Debit Card, or Wire
1-2 Weeks

IRA LLC

$105
Check, Debit Card, or Wire
2-3 Weeks

IRA LLC vs IRA Trust: What's the Difference?

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

Let Us Answer Your Questions About Checkbook IRAs

Contact Broad Financial today to schedule a free call with a Self-Directed IRA Specialist and learn about the best Self-Directed Checkbook IRA options available to you.

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
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Checkbook IRA - FAQs

What makes a Self-Directed Checkbook IRA different from a standard IRA?

With a standard IRA, a brokerage may be unable to hold alternative asset investments such as real estate or charge a significant fee to hold the investment. A Self-Directed Checkbook IRA, however, allows you to invest in a wide range of alternative investments with the simple act of sending a wire or writing a check from your designated checking account. When you open an account at Broad Financial, you can get the best Self-Directed IRA with checkbook control and take the reins of your investment strategy!

Is a physical checkbook required for checkbook control?

It's not strictly necessary to use a paper checkbook. For checkbook control of a Self-Directed IRA, an LLC or trust must be created with a designated checking account. This will allow you to make real-time investments in the assets you wish. You also have the option to wire funds from your Self-Directed IRA with checkbook control.

Do Checkbook IRAs have specific rules I should be aware of?

Operating a Self-Directed IRA with checkbook control will require you to pay close attention to the rules and regulations governing Self-Directed IRAs, but having checkbook control doesn't bring any specific additional rules in and of itself. Keep in mind that one of the most important rules to adhere to is to not engage in any prohibited transactions. This means that you cannot extend credit to or receive an immediate benefit from your checkbook control Self-Directed IRA.

Contact Us

Address:
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

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