Henderson, NV (PRWEB) March 7, 2011
There is an emerging and growing trend among smart and savvy individual retirement account (IRA) owners, including traditional IRA, Roth IRA, SEP-IRA and 401k plan owners who are investing their retirement funds in their own Self Directed IRA LLC with Checkbook Control and then using that LLC to purchase real estate and other non-traditional IRA investments such as mortgages and trust deeds, tax liens, private partnerships, limited liability companies (LLC's), Gold and Silver and more.
Self Directed IRA LLC, based in Henderson, Nevada is an established BBB Accredited Business providing a low cost and efficient service to take advantage of this trend by performing all the necessary steps to set up a Self Directed IRA LLC with Checkbook Control.
By using the LLC to make the investment, the Manager of the LLC, usually the beneficiary of the IRA or 401K, will have checkbook control of the funds and investments. The LLC Manager makes all of the decisions of when and where the IRA funds will be invested.
When there is an investment to purchase, the Manager of the LLC only needs to write a check from the LLC bank account to purchase the investment product in the LLC's name. There are no approvals necessary from a custodian. Also, there is no time delays in awaiting approval from a custodian.
There are many important steps that must be taken in setting up a Self Directed IRA LLC and the key ingredient is to have a properly prepared Self Directed IRA LLC Operating Agreement that meets the specific requirements for a Self Directed IRA LLC.
With unemployment at historical highs many individuals have given up searching for jobs and are starting their own businesses. Self Directed IRA LLC through its Business Funding Plan enables those individuals in to use their IRA or 401K funds to help finance the business. Using retirement funds to finance the business allows the entrepreneurial minded individual to tap a source of immediate funding that many people do not know is available to them.
Self Directed IRA LLC through its website SelfDirectedIRA.org provides extensive additional information and complete assistance to set up your Self Directed IRA LLC or Business Funding Plan
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