How It Works

Open a Self Directed IRA Account

Choose from a Roth, Traditional, or SEP Self Directed IRA, HSA, or Solo 401k. 

Need assistance? Contact IRA Club to speak with a professional team member. We want to ensure all your questions are answered. 312-795-0988 or newaccounts@iraclub.org  

Fund Your Account

Once your new Self Directed IRA, HSA, or Solo 401k account is open, there are a few options for funding the account.

IRA Transfer

1. Complete the IRA to IRA Transfer Form
2. Please note certain trustees will need your original signature. These forms will need to be mailed to our office.
3. If your IRA is invested in stocks, bonds, or mutual funds, contact the current trustee to liquidate/sell the current holdings. Let us know when this is complete, so we can then start the transfer process for you.
4. Wait for the funds to arrive. Please note that the transfer process varies with each trustee, and some will take longer than others. Please allow 1-3 weeks.

Previous Employer Plans; 401k, 403b, 457b, 503, TSP Rollover

1. Contact your 401k administrator. The trustee will accept instructions only from the account owner (you).
2. If your old 401k is invested in stocks, bonds, or mutual funds, contact the current trustee to liquidate/sell the current holdings.
3. Wait for the funds to arrive. Please note that the transfer process varies with each company, and some will take longer than others. Please allow 2-3 weeks.

Contribution

• Double-check your contribution limit
• Complete the Deposit Form
• Contribute to your account through:
  • Check
  • Wire transfer/ACH
  • Credit Card
  • Via PLAID

*Please note that contributions charged on a credit or debit card will be assessed a 3.5% processing fee

Select the Investment

Remember, with a Self Directed IRA you pick the investment. Contact IRA Club so we can walk you through the process of your specific investment. Check out Investor’s-Row to see some investment options.

Why Should I Self Direct?