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

IRA Trust vs. IRA LLC: A Comparison of 
Self-Directed IRA Plans at Broad Financial

Diversify your portfolio with real estate, private companies, promissory notes, and more when you use one of the two types of Self-Directed IRA at Broad Financial.

What is a Self Directed IRA?

A Self-Directed IRA, also known as a SDIRA, is a type of individual retirement account that allows you to invest in alternative assets. 

While you receive the same tax-advantages as a standard IRA, with a Self-Directed IRA, you can expand beyond the traditional Wall Street assets and open up your investment possibilities to real estate, cryptocurrency, and more!

Do You Want to Invest in Real Time?

A Self-Directed IRA with checkbook control is a powerful retirement account that lets you invest beyond Wall Street, receive tax benefits, and achieve your investment goals.

Streamlined Transactions

Invest on your time with direct access to your IRA funds. No extra custodian paperwork is required.


Watch your investments grow, not your fees. Avoid everyday transaction fees.


Go beyond the stock market by investing in Self-Directed IRA types of assets like real estate, cryptocurrency, LLCs, trusts, and more. Diversify your portfolio with confidence.

The Two Types of Self-Directed IRAs with Checkbook Control

When you open a self-directed account with Broad Financial, you'll have access to two types of Self-Directed IRAs: Self-Directed IRA Trusts and Self-Directed IRA LLCs. Understanding the difference between these two options is essential for making a Self-Directed IRA comparison that can help you choose the right one.

Self-Directed IRA Trust

This type of Self-Directed Checkbook IRA creates a trust that you oversee and gives you the power to invest in the alternative assets of your choosing without having to worry about state fees.

Self-Directed IRA LLC

This Checkbook IRA creates an LLC that provides superior liability protection while still allowing you to hold alternative assets in your retirement portfolio.

Comparison of Self-Directed IRA Plans: IRA Trust vs. IRA LLC


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

Check, Debit Card, or Wire
1-2 Weeks


Check, Debit Card, or Wire
2-3 Weeks

Talk to Us About Your Self-Directed IRA Options

Reach out to us to Broad Financial to get a free
discovery call with a Checkbook IRA 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
Landing Page Contact Form

How To Set Up a Self-Directed IRA with Checkbook Control

Open a Self-Directed IRA

First, you'll open a Self-Directed IRA with our in-house custodian, Madison Trust Company.

Fund Your Account

Transfer or rollover all - or a portion of - your funds from a previous retirement account, such as an IRA or 401(k). The account can also be funded with an initial contribution.

Establish an IRA LLC or an IRA Trust

Broad Financial will create a specialized, IRS-compliant LLC or trust for your IRA and complete all necessary paperwork. You will create a designated checking account at the bank of your choice and move funds into this new account.

Invest in Alternatives

Once your account is funded, you can start investing immediately! With the power of checkbook control, you can simply write a check or send a wire from your checking account to invest in any Self-Directed IRA types of assets.

Self-Directed IRA with Checkbook Control - FAQs

What assets can you invest in with a Self-Directed IRA?

A Self-Directed IRA is like any other retirement account, except that you can invest in alternative assets beyond standard stocks, bonds, and mutual funds. Some popular Self-Directed IRA investments include real estate, private equity, crowdfunding, startups, and promissory notes.

Can I open a Self-Directed IRA as a Roth IRA?

Yes! If you prefer to pay your taxes upfront and receive tax-free profits, a Self-Directed Roth IRA is the choice for you. With a Self-Directed Roth IRA, there is also no need to make required minimum distributions (RMDs), allowing you to pass down your tax-free funds to your heirs.

What is a Self-Directed IRA Custodian? 

The IRS requires all retirement accounts to be held by a custodian or a trust to maintain their tax-deferred or tax-free status. Custodians are financial institutions that hold custody of the retirement account's investments for safekeeping and adhere to all IRS regulations that govern Self-Directed IRAs. The custodian will also make sure wiring instructions and investment documents are filled out correctly, listing the Self-Directed IRA as the investor.

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