What to Expect
Custodian-Controlled Self-Directed IRA
Here’s what to expect as you begin the process of setting up a full-service Self-Directed IRA, from submitting your application and funding your IRA to investing with your new plan.
Submit your application on our app
The following timelines are based on standard non-expedited selection. You can premium expedite (within 24 hours) for one or more processes ($200 each) or standard expedite (within 48 hours) for one or more processes ($75 each).
- The application will go into a queue to be reviewed. A new account specialist will call you within 3-5 business days if items are missing, filled out incorrectly, or need further follow up.
- Once the application is complete and correct, an account number will be assigned within 3-5 additional business days. The account number will be emailed to you by [email protected]
- The transfer form will be submitted to the Transfer Department, or instructions to complete a Rollover or contribution will be emailed to you with your account number.
Fund your IRA
If you selected Rollover on your application, please contact your previous custodian to ask them to rollover or send funds to IRA Financial. Please complete a Deposit Form on our app and provide a current statement from the other custodian to accompany the incoming wire or check. The funds will be on hold until we receive them.
If you selected Contribution on your application, please send a deposit form when you wire funds or send a check to your IRA as a current year or previous year contribution.
Invest your IRA funds
- After you are notified that your new Self-Directed IRA account has been funded, upload your investment documentation through our app. If additional paperwork is needed, we will contact you.
- Complete the Investment Authorization Form through our app to enter the investment information and funding instructions so that IRA Financial can fund your investment. Compliance will review the investment information within 3-5 business days of receiving it.
- An IRA Financial team member will call for verbal verification before we send the funds. The number will come from a 605 area code.
- The IRA investment is funded.
The following documents are needed depending on the type of investment
Real Estate
Private Placement
Promissory Note
Precious Metals
Private Stocks
Tax Liens
Real Estate
- Purchase Agreement – The purchaser is going to read IRA Financial Trust Company CFBO John Smith. You do not sign this agreement. A Corporate Alt Signer from IRA Financial Trust Company will sign on behalf of your IRA funding this investment.
- EIN number on IRS letterhead and Articles of Organization (Certificate of Formation) signed by the Secretary of State if the seller is an Entity. or
- A Copy of the Drivers License if the seller is an Individual.
- You will also need to complete a Make an Investment form on our app. Once logged in select Additional Documents > IRA Documents > Make an Investment.
**Once the property has been purchased, please provide us with a copy of the Deed of Trust.**
Private Placement
- Subscription or Purchase Agreement – The subscriber is going to read IRA Financial Trust Company CFBO John Smith. You do not sign this agreement. A Corporate Alt Signer from IRA Financial Trust Company will sign on behalf of your IRA funding this investment.
- EIN number on IRS letterhead
- Articles of Organization (Certificate of Formation) signed by the Secretary of State
- You will also need to complete a Make an Investment form on our app. Once logged in select Additional Documents > IRA Documents > Make an Investment.
Promissory Note
- Promissory Note or Loan Document – The subscriber is going to read IRA Financial Trust Company CFBO John Smith. You do not sign this agreement. A Corporate Alt Signer from IRA Financial Trust Company will sign on behalf of your IRA funding this investment.
- EIN number on IRS letterhead and Articles of Organization (Certificate of Formation) signed by the Secretary of State if the borrower or note holder is a Company. or
- A Copy of the Drivers License if the borrower or note holder is an Individual.
- You will also need to complete a Make an Investment form on our app. Once logged in select Additional Documents > IRA Documents > Make an Investment.
Precious Metals
- Metal Purchase Agreement or Invoice – The purchaser is going to read IRA Financial Trust Company CFBO John Smith. You do not sign this agreement. A Corporate Alt Signer from IRA Financial Trust Company will sign on behalf of your IRA funding this investment.
- • The purchased metals will need to be kept at either a depository or in a safe deposit box titled to the IRA.
- You will also need to complete a Make an Investment form on our app. Once logged in select Additional Documents > IRA Documents > Make an Investment.
Private Stocks
- Stock Purchase Agreement – The subscriber is going to read IRA Financial Trust Company CFBO John Smith. You do not sign this agreement. A Corporate Alt Signer from IRA Financial Trust Company will sign on behalf of your IRA funding this investment.
- EIN number on IRS letterhead
- Articles of Organization (Certificate of Formation) signed by the Secretary of State
- You will also need to complete a Make an Investment form on our app. Once logged in select Additional Documents > IRA Documents > Make an Investment.
Tax Liens
- Purchase Agreement – The purchaser is going to read IRA Financial Trust Company CFBO John Smith. You do not sign this agreement. A Corporate Alt Signer from IRA Financial Trust Company will sign on behalf of your IRA funding this investment.
- Please ensure that the property title is also under this name because we will need a copy once it is received
- EIN number on IRS letterhead and Articles of Organization (Certificate of Formation) signed by the Secretary of State if the seller is an Entity. or
- A Copy of the Drivers License if the seller is an Individual.
- You will also need to complete a Make an Investment form on our app. Once logged in select Additional Documents > IRA Documents > Make an Investment.
**Once the property has been purchased, please provide us with a copy of the Deed of Trust.**
Investing your retirement funds in alternative assets is not just a choice, it’s a movement. One that offers the possibility of greater choice, independence, and retirement wealth for everyone. Thank you for joining us. Your retirement future is as bright as you want it to be!
