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Updated over 2 years ago on . Most recent reply

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11
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3
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Kyle O'Connor
  • Investor
  • Chicago, IL
3
Votes |
11
Posts

Bank Refuses to setup account of Checkbook control SD IRA

Kyle O'Connor
  • Investor
  • Chicago, IL
Posted

Has anyone been told No when trying to setup a bank account for their Self Directed IRA owned LLC?

My bank for decades now said they aren't willing to do it but wont tell me why. 

Most Popular Reply

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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,235
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17,845
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

@Kyle O'Connor

Who set up the IRA LLC for you? The facilitator should be able to help you with the banking questions.
Yes, we've seen that happen with several clients. I would recommend Solera bank, that is their specialty. Hundreds of our clients have accounts with them are are very happy. Reach out to @Kreighton Reed.

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

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