Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the responsibilities for the trust company and for me concerning a Self-Directed IRA?

0
Posted

What are the responsibilities for the trust company and for me concerning a Self-Directed IRA?

0

A self-directed IRA can be set up as either a trust or custodial account. The language used in the Agreement, made between you and the trust company, determines the responsibilities for each party. The agreement should specify what each party agrees to do in respect to the investment and/or assets in the account. You should read your Agreement carefully to determine your responsibility concerning your IRA.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123