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Updated about 6 years ago on . Most recent reply

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Donald M. Davis
  • Orange Park, FL
0
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Recommendations on best checkbook self-directed IRA custodians

Donald M. Davis
  • Orange Park, FL
Posted

I am interested in using my current IRA funds without tax consequences of early withdrawal. I

am curious what custodians are recommended for checkbook self-directed IRA's. Looking for

those who have or are currently using this method of funding real estate and can provide feedback

on good/bad experiences.

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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,265
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17,872
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

Hello Donald,

Custodians offer self-directed IRAs custodial services, they do not handle the "checkbook control" feature. For that you need to employ services of a facilitator company (there are several professionals here on BP who are active on the forum including myself). The experienced facilitator company will usually make a recommendation on which custodian to use. I suggest you contact few different providers to consult/interview them, look for recommendations from other clients who used their services. This due diligence will help you make a decision who to use. 

  • Dmitriy Fomichenko
  • (949) 228-9393
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Sense Financial Services LLC
4.9 stars
166 Reviews

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