The Checkbook IRA, or IRA LLC has been considered a legitimate self-directed investing structure for investors since 1989. The IRA LLC structure was tested in tax court in 1996 and won, proving its legitimacy to the investing world. Your Investments can be self-directed and you get “Checkbook Access” by having an LLC.
We’ve taken this powerful structure one step further with the creation of the Crypto IRA LLC™ by Nabers Group. Utilizing our knowledge in the checkbook IRA structure and crypto specific LLC formation, we’ve developed an incredible tool where you can legally and compliantly purchase cryptocurrencies with IRA funds, and hold onto the assets without a middleman or custodian.
The process to establish a Crypto IRA LLC with Nabers Group is simple and we’ll provide white-glove service every step of the way.
Open Your New IRA Account
When the Nabers Group team helps set up your IRA LLC, we make the process smooth, compliant and easy for you so you can get on with your investing and trades!
Our team of experts will help you swiftly and thoroughly complete your IRA application so your account can be opened in just a couple business days.
IRA accounts are tied to the individual, so that keeps things simple. IRAs can receive rollovers from any other “defined contribution” type of retirement account such as another IRA, 401(k), 403(b), 457, SIMPLE IRA, SEP IRA, Keogh, etc. IRAs can also be self-directed. You designate the beneficiary for your IRA to ensure your loved ones are well cared for. The Nabers Group team will help you successfully complete the rollover into your new IRA.
We’ll Form Your LLC
Your new LLC serves a special purpose, which is to be the investment vehicle for you IRA funds. Once you IRA is established, you can invest into the LLC, which you directly control because you are the LLC manager.
When the funds are invested in your LLC, you can proceed to invest in any number of alternative assets, including (but not limited to) crypto currencies, ICOs, blockchain technologies, tax liens, real estate, tax deeds, private businesses, precious metals and more.
Get creative and have fun naming your LLC. Our LLC formation team will check on the name for your new entity to ensure it’s one-of-a-kind and not already taken. Helpful hint: avoid using words like financial, bank, insurance, etc. We bring over a decade of experience in helping clients setup your IRA LLC swiftly and compliantly. Remember that the LLC formation fee is included in your Crypto IRA LLC flat fee setup so there are no hidden costs.
Once your LLC is formed, we’ll send you all the documentation you need including Articles of Organization, your Operating Agreement and LLC Minutes. We’ll even obtain your EIN (Employer Identification Number) so you can open a bank account in the name of your LLC. Our team of experts is standing by to help so you can use the IRA LLC to invest and grow your wealth.
Open Your LLC bank account
As the leader in Self-Directed Investing, we have preferred bankers ready to assist you and provide white-glove service in opening your LLC bank account effortlessly and compliantly. You can also open a checking account in the name of your LLC. Your LLC bank account is there to provide you complete checkbook control for investing with your IRA funds.
Invest IRA Funds into your LLC
Investing funds from the IRA to the LLC is easy and we’ll provide all the relevant paperwork. The IRA custodian will send the funds from the IRA to your LLC via a check or wire. Once the IRA funds are in your LLC bank account, you’ll have total checkbook control and you can start investing, growing your wealth and controlling your destiny!
LLC Crypto Exchange Account
Once your IRA funds have been invested into your LLC, it’s time to buy crypto! Open a brand new crypto exchange account int eh name of your LLC, using your LLC tax ID number. Because your LLC is only funded with IRA money, when your LLC buys crypto, those funds enjoy the same tax-deferred or tax-free status as your traditional or Roth IRA.
