
A Checkbook IRA is a specialized retirement account that gives the account holder direct access and control over their funds. With this setup, you can independently invest in physical assets like Real Estate, using your retirement account cash, without the burden of transaction fees or custodian paperwork. MyDirect IRA helps you set-up and fund your new Checkbook IRA account, paired with an LLC or Trust, to give you 'Checkbook Control' over your retirement IRA / 401(k) cash. Once the account is established, your IRA / 401(k) funds are then held in a checking account, at a bank of your choice, accessible only to you. This enables you to write checks and send wires to make investments directly on behalf of your retirement account; all tax free, and penalty free.
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Sentiment Analysis
I had spoken with other agencies and was overwhelmed by the amount of work they required to open an account.
I would like to express my gratitude for the exceptional experience I have had with My Direct IRA both as a customer and through my interactions with the company overall.
I am consistently impressed with the service I have received and continue to get whenever the need arises.
This was my first venture into a self directed IRA and before speaking with Ted I felt a little lost in the process.
Communication was excellent; he was always available for a quick question or two and provided thoughtful answers, and worked with us to facilitate a speedy setup.
Very professional and timely company to work with.
I was very impressed with the level of detail in every aspect from answering my questions, to explaining next steps and setting expectaions, to even following up with me on parts of the process that involved other parties and offering to help me with those steps as well.
Ted was excellent through the process of getting our IRA LL Cs set up.
We did have a little glitch regarding getting my operating agreement, but Ted took care of it in a very timely manner.
I had a great experience from start to finish with Ted at My Direct IRA, who helped convert my IRA to a Self Directed IRA.
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