Managing your Self Directed IRA

What Happens After Your IRA Owns the Investment…

Once your Equity Trust account owns the investment, there are a few things to keep in mind regarding the management of the investment.

Payments/Profits for Investment

• All profits/payments related to investment must return to your account. Equity Trust provides deposit coupons for you to accompany any checks for deposit.

 

• You can receive checks and forward them to Equity Trust Company for credit to your account.

• Do NOT deposit payments to a personal account—this constitutes a prohibited transaction.

 

Expenses Relate to Investment

• All expenses related to the investment must be paid from the IRA.

 

• If you have purchased interest in the investment, then a proportionate percentage of expenses must come from your IRA (i.e. 50% ownership = 50% expenses).

• Fill out Bill Pay DOI to make a payment for your investment.

 

Special Note on Available Funds

Be aware that depending on how funds are deposited your account, there can be a hold put on the availability of those funds. In order to prevent a hold on funds, make sure that the account is funded by Equity Trust ACH, cashier’s check, money order or wire to ensure that funds are available for immediate investment. Contact your First Class Team for more information.