Checkbook IRAs, IRA-LLCs & IRA-Trusts that provide “checkbook control,” require a Self-Directed IRA custodian according to Section 408 the Tax Code. In contrast, Solo 401K Plans & QRPs (Qualified Retirement Plans) do not need a financial institution custodian. Following is a comprehensive and hyperlinked list of SDIRA custodians.
- Not all trust companies listed below are checkbook-control friendly.
- ReSure is not endorsing any of the below listed financial institutions.
- ReSure has extensive insight into the pricing, service levels, and business practices of SDIRA institutions, but those fall outside the scope of this post.
- SDIRA should not be confused with QRP or 401k.
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