Start by opening a Self-Directed IRA with a custodian.
Transfer funds into your new Self-Directed IRA.
Instruct the IRA custodian to invest funds into the asset of your choice.
That’s it! You’re free to invest in alternatives beyond Wall Street. Ready to get started? Reach out, and one of our Self-Directed IRA Specialists will guide you through the account set up process.(800) 721-4900
You’re excited to get started investing with a Madison Trust Self-Directed IRA, but you’re wondering—how do I set up an account? Look no further! Our Self-Directed IRA specialists are here to guide you through process the step-by-step from account set up to placing your investment.
How long does the setup process take for each Self-Directed IRA?
A Self-Directed IRA account can be opened in 15 minutes. The process takes 1-2 weeks to fund your account and invest in the asset of your choice.
How much does it cost to set up a Self-Directed IRA?
The cost to set up a Self-Directed IRA at Madison Trust is $50, and $100 per quarter to maintain. You can learn more about Self-Directed IRA fees here.
Can I rollover or transfer my existing retirement account to a Self-Directed IRA?
Yes! To fund your new Self-Directed IRA you may transfer from a previous IRA, rollover funds from a qualified retirement account such as a 401(k) or 403(b), or complete an initial contribution.