Self Directed IRA: Glossary of Terms
The terms below are in alphabetical order. Not intended to be comprehensive, they are the most common terms associated with Self Directed IRA investing.
A type of Self Directed IRA plan that combines a custom designed pension plan and a C Corporation allowing the owner to actively participate in a business and draw a salary.
A type of IRA also referred to as a Self Directed IRA LLC , a Real Estate IRA or Solo401(k). In every instance of the terms being used, a bank account is established for the legal structure. Hence, the use of the term “Checkbook Control IRA”