How do I get started?

How do I get started?

Complete our online application, provide a photo ID, and designate at least one beneficiary for IRA plans. Most plans are fully set up and funded within 2-4 weeks.

Choose Your Plan Structure

We offer different plan structures that suit different investors: Solo 401(k)s for the self-employed, IRA LLCs for real estate investors, and IRA Trusts for cryptocurrency and notes. Our Plan Finder tool walks you through the decision based on your employment status and investment priorities.

Complete the Online Application

The application takes about 10 minutes. You'll provide your name, address, contact information, and Social Security number for identity verification.

You'll need a current photo ID such as a driver's license, state-issued ID, or passport. If the address on your ID doesn't match your current residence, you may also need proof of address like a recent utility bill or bank statement.

For IRA structures, you must designate at least one primary beneficiary. For individual beneficiaries, you will need their name, address, contact information, date of birth, and Social Security number.  If you are designating an entity, you need the name, address, contact information, and tax ID.

What Happens After You Apply

We perform the necessary state filings and produce the legal documents for your plan. This includes obtaining your plan Employer Identification Number (EIN) from the IRS and coordinating with your IRA custodian if applicable.

During the plan formation, you will establish a bank account for the entity and fund your plan via transfer, rollover, or contribution.

Most plans are fully operational within 2-4 weeks. Timing varies based on plan type, state processing speed (for LLCs) and your funding source. 

Frequently Asked Questions

  • Do I need to choose my investments before applying? No. The application establishes the legal structure. You'll select specific investments after your plan is funded and operational.
  • Can I change my plan structure after I apply? It's possible but not ideal. Each structure involves different legal entities and state filings, so switching requires establishing a new plan. Choose carefully based on your investment strategy.
  • What if I'm not sure which plan type I need? Contact us before applying. We can discuss your situation to help you select the right structure, preventing delays and ensuring you establish the optimal plan from the start.

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Disclosure

This information is provided for educational purposes only and should not be interpreted as tax, legal, or investment advice. Readers are encouraged to consult a qualified professional who can offer guidance based on their personal situation.

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