Checkbook IRA
Take direct control of your IRA investments with immediate access to your funds
What is a Checkbook IRA?
A Checkbook IRA, also known as a Checkbook Control IRA, gives you direct control over your retirement funds through an LLC structure.
With this powerful investment tool, you can write checks or make wire transfers directly from your IRA-owned LLC, eliminating the delays associated with traditional custodian-directed transactions.
Key Benefits
Immediate Access
Make investment decisions and execute transactions immediately without waiting for custodian approval.
Cost Effective
Reduce transaction fees by eliminating per-transaction charges from traditional custodian services.
Investment Flexibility
Invest in a wide range of alternative assets including real estate, private equity, and more.
Asset Protection
Maintain all IRA tax advantages and asset protection while having direct control.
Personal Control
You serve as the LLC manager, giving you complete authority over investment decisions.
Time Savings
Eliminate paperwork delays and act quickly on time-sensitive investment opportunities.
How It Works
Four simple steps to establish your Checkbook IRA
Open IRA Account
Establish a self-directed IRA with Westcarriage as your custodian.
Form LLC
Create an LLC that will be owned by your IRA and managed by you.
Fund the LLC
Transfer funds from your IRA to the LLC's business checking account.
Start Investing
Begin making investments directly from your LLC checking account.
Ready to Take Control?
Open your Checkbook IRA today and start investing on your terms