I have moved from my traditional IRA to a custodial IRA and struggled through the paperwork on my first purchase.

They are non-custodial (no hold ups when you need your money) and are super easy to work with and reach.  

This would provide you with checkbook control and can minimize the custodian's involvement in your investment structure.The Solo 401k does not have a custodial requirement at all, so that checkbook control I mentioned is more direct in this case.

This is a major advantage over the SEP IRA which does not have an employee deferral feature.Compared to a traditional IRA, Solo 401k contributions limits are roughly 10x higher and there is no custodial requirement for the 401k.

There are two types of SD IRAs: custodial and checkbook control.

The receiver or administrator, when appointed and qualified, shall have all powers and duties as to custody, collection, administration, winding up, and liquidation of this property and business as is from time to time conferred upon him by the court.

Talk to your plan administrator and ask if they would allow "in-service distribution".2) You can invest in real estate directly with custodial self-directed IRA, LLC is not required for that. 3) IRA LLC (aka IRA owned LLC or Checkbook IRA) is used to gain "checkbook" control and bypass the custodian when making investment with your IRA.

We have worked with many real estate agents and brokers who find it a good fit for their situations.Compared to an IRA, Solo 401k contributions limits are roughly 10x higher and there is no custodial requirement for the 401k.

You have two options: go with custodial IRA or Checkbook IRA. 

Hi George, self-directed Solo 401k is not for everyone, you must be eligible for it.Now, if you are eligible then you need to decide what type do you want:1) Custodial self-directed 401k as Doug mentioned above.