How to Pay Self-Directed IRA Investment Expenses Quickly and Easily

Two foundational principles of investing with a self-directed IRA pertain to how to pay and manage bills and investment expenses related to your account.

1. All expenses related to an investment held in an IRA must be paid directly from the IRA – not by the account owner, a company they own, or other third party.
2. The account owner must remain at arm’s-length from their investment and avoid “self-dealing” or co-mingling personal funds with their IRA’s investment.

Fortunately, there’s a fast, easy solution to paying bills and investment expenses related to your self-directed IRA or other retirement account at Equity Trust.

With around-the-clock access from your tablet, computer or mobile device, Equity Trust Company’s online account management system – myEQUITY – makes it easy to:

• Quickly pay contractors, attorneys or other third parties for work related to your investment
• Issue funds for appliances, building materials, supplies and other investment expenses
• Schedule and modify payments for recurring expenses such as property taxes, utility payments, insurance, or payments to a property manager or loan servicer