How to Set-up a
Self-Directed IRA

Opening a self-directed IRA is not so hard and you can do it yourself. You will need to open the account with a self-directed IRA custodian. Be sure to compare custodians first. You will need to have a digital copy of a government issued ID or Driver's License— a passport is also acceptable by most financial institutions. If you existing retirement savings you can move these to your new self-directed IRA. This is the first step to self-directed investing.

You can open an IRA account at IRAR Trust because IRAR Trust is a custodian for self-directed IRAs. Not all banks or financial institutions offer self-directed IRAs. In fact companies like; Fidelity, Schwab, or Wells Fargo to name a few, do not allow alternative assets such as real estate or private equity in IRAs. You should always research and  compare custodians before opening an account.

Yes. You can open an IRA online by completing a new account application. It's very easy. You just need to have a digital copy of your driver's license or personal ID (pdf or image.) Make sure the copy is legible. If you are moving existing retirement savings to your  new IRA, you will receive additional instructions via email.