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How an IRA LLC works

Jeff Butler

A later post lists 8 steps in setting up an IRA LLC. The steps include our law office setting up your self directed IRA LLC, transferring funds to a new custodian, opening a bank account for the LLC, directing the Custodian to transfer funds to the bank account, issuing a membership certificate to the custodian, selecting a suitable investment for the Self Directed IRA LLC, writing a check for the fund, and managing the self directed IRA.

Attorney Geoff Dietrich can answer questions and explain more, at length, the process of how an IRA LLC work.

How an IRA LLC works

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