Welcome and thank you for visiting Format Solutions LLC. As a local, turn-key facilitator we specialize in working with people throughout the country who have an interest in creating an Self Directed IRA Limited Liability Company (LLC) - otherwise known as a Checkbook IRA.
Most people are unaware that there is an entire universe of investment options available to them beyond the traditional stocks, bond offerings, and mutual fund packages. By moving assets into a Self Directed IRA LLC you’re able to have total control over your choices, reduce your expenses, and make available to you a nearly limitless array of options. While most retirement plans consist of just a few mutual funds - those available in an Self Directed IRA LLC , include not only traditional investments, but alternatives such as: rental property, oil and gas, private mortgages, precious metals, consumer loans, wind-wave-solar power and “green” development. And those are just a few of your investment options in a Self Directed IRA LLC .
The steps one needs to take to move forward with this process are:
- Choose a custodian to provide oversight of your assets
- Contact Format Solutions LLC to establish a business entity and create an Operating Agreement specific to your individual needs
- Using the documents provided by Format Solutions LLC, open a business checking account
- With the help of your custodian, transfer assets from their current location to your new Self Directed IRA LLC.
- Research your options and begin making your investments
Format Solutions LLC has experience working with a select group of financial custodians in the Northwest, each of which offers different services and fee schedules. We recommend you refer to your local directory and establish a relationship with a professional in your area. Creating a smart self-directed plan really does require a professional foundation.
Lastly, any suggestions for how we might improve this site, or any additions and/or adjustments you believe we should consider are always welcome and much appreciated.
