Can I buy Stocks, CDs, Bonds, Options or do FOREX trading etc.?
Yes. You can invest in any IRS permitted investment. That includes publicly traded stocks, CDs, mutual funds, annuities, bonds, stock options, futures, etc. In fact, if you are an active swing trader or day trader, you will be able to trade your IRA in a manner that your current broker does not allow you to trade using the CHECK BOOK IRA LLC. For example, you probably have asked your broker if you can buy or sell Options (Calls and Puts). Or maybe you would like to write Covered Calls or do Spreads and have been told no. The CHECK BOOK IRA LLC allows you to trade your way. You can also participate in IPOs. Remember it’s your LLC that opens the brokerage account. You can have as many as you wish.
