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The New Direction Trust Company Blog

checkbook ira

Pros and Cons of a Checkbook IRA

A Checkbook IRA is an investment approach that allows the account holder to write checks using the IRA’s cash. The account holder achieves this control by establishing and managing an account-owned entity (often an LLC). This setup allows investors to manage their cash and account assets directly as the LLC/entity manager. Ready to open a … Read More

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