If you're looking for a self-directed IRA custodian for alternative investments, you need to consider fees, but also the level of service and expertise of the company. Download this template to compare IRA custodians. It will help you assess fees and quality of service for up to 3 companies, including IRAR Trust Company.
Using this template, you can talk to custodians you're considering and ask the questions listed to compare companies. Write down the answers— that way you know you're making an informed decision.
Download the template to find the best self-directed IRA custodian for your investment strategy.
Most custodians have a one time set up fee for establishing your account. This fee can range from $50 to $300 depending on the custodian or provider. It can also vary depending on your investment types. Providers that create LLCs are usually higher in cost. You should also take into account any annual LLC expenses. By the way, it's not required to create an LLC to invest in real estate.
Custodians charge an annual fee based on the asset type or its value, others may provide an "all inclusive" fee but still charge additional transaction fees. Make sure you read the fine print.
Transaction fees include buying, selling, transferring funds, check requests, etc.
When it comes to real estate, there is a fee to purchase the property, wire of funds, and some custodians also charge a fee for making the earnest money deposit (EMD). Find out what's included in the purchase fee.
Download the FREE TEMPLATE and Get the BONUS Real Estate IRA Fee Worksheet!
IRAR Trust has an extensive pool of industry knowledge. On average, our team members have 8+ years of experience in self-directed IRAs. When it comes to transactions, we have seen it all. We understand what our clients need and have developed processes to meet those needs easily. We hold the Certified IRA Services Professional Designation (CISP) to assist our clients in keeping up with industry changes, rules, and regulations regarding their account.
When our clients call, we respond. Our team doesn't keep you waiting because we know how important it is for you to speak to someone. We process all transactions in a timely manner and keep you informed of the status of transactions. Meeting our customers' needs is a core value at IRAR. We will go out of our way to make sure that you have an unforgettably successful experience. Our clients are our priority.
We believe in making self-directed retirement affordable for everyone. Therefore, we keep our fees low. When your investment grows, you continue to pay the same amount annually for that investment regardless of the returns. Our annual flat fee of $199 is conveniently split into two payments. At IRAR, your account grows faster because you save over 50% compared to any competitor.
I have had a self-directed IRA since 1984. I have gone from one company to the next and they have all been terrible. You guys are amazing. Very pleased with the service and the fees. I would recommend IRAR to anyone.