Two Options. One Goal.

Full Control.

Checkbook IRA LLC

The Original, IRA LLC, is a Self-Directed IRA, combined with an LLC, to give you full access to your IRA cash through a business checking account.

Start the IRA LLC Application

Checkbook IRA Trust

The IRA Trust, a new alternative to the IRA LLC, provides Checkbook Control, is both quicker and cheaper to establish and cheaper to maintain.

Start the IRA Trust Application

What is a Checkbook IRA?

A Checkbook IRA 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.

What People Are Saying...

I had the opportunity to work with Ted in the diversification of my retirement funds. Ted was informative, efficient and extremely helpful. I had spoken with other agencies and was overwhelmed by the amount of work they required to open an account. Ted made the process simple and easy, and he walked me through from beginning to end. I would highly recommend Ted if you are looking to open a self-directed IRA.

Outstanding service. Starting with the free consultation I was given the opportunity to ask as many questions as I needed, and they were answered in great detail. By the end of the consultation it was clear to me MyDirect IRA was by far the best option I had considered. 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. The fact that they will be there for any questions I may have going forward to assist me with my investments and offer guidance before I make fnal decisons truly gives me peace of mind. I strongly recommend scheduling a free consultation with them to judge for yourself how MyDirect IRA compares to their competitors.

I am consistently impressed with the service I have received and continue to get whenever the need arises. Ted Erickson is efficient, knowledgeable and professional. He always picks up the phone or is very prompt at returning your call. In an automated world, that is worth it's weight in gold!

Ted did a super job guiding us through setting up an LLC with checkbook control for our self directed IRA. He is very responsive and organized and kept track of the timeline for us so that the process kept moving along. We appreciated how easy it was to get in touch with him for questions. Highly recommended!

Mr Erickson was extremely professional and knowledgeable. As a novice to placing property into my IRA, he literally guided me step by step until this complicated process was complete! I have already recommended him to others! We were in a time crunch for the closing and his efficiency left us with time to relax before closing, knowing everything was in order. I highly recommend and will be using him again in the future