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Table of Contents<\/p>\nToggle<\/span>

Best Custodian Banks for Self-Directed IRAs<\/a><\/li>
Introduction to Self-Directed IRAs<\/a><\/li>
Benefits of Using a Self-Directed IRA<\/a><\/li>
Custodian Bank Choice #1: Kingdom Trust<\/a>
- Key Features of Kingdom Trust<\/a><\/li><\/ul><\/li>
- Custodian Bank Choice #2: Equity Trust Company<\/a>
  - Why Choose Equity Trust?<\/a><\/li><\/ul><\/li>
  - Custodian Bank Choice #3: Directed IRA<\/a>
    - How Directed IRA Excels for Investors<\/a><\/li><\/ul><\/li>
    - Best Custodians for Real Estate IRAs<\/a><\/li>
    - Best Custodians for IRA LLC\/Checkbook Control<\/a><\/li>
    - Best Custodians for Low Account Minimums<\/a><\/li>
    - Best Custodians for Low Fees<\/a><\/li>
    - Factors to Consider When Choosing an SDIRA Custodian<\/a><\/li>
    - Getting Started with a Self-Directed IRA<\/a><\/li>
    - The Takeaway<\/a><\/li>
    - FAQs<\/a><\/li><\/ul><\/nav><\/div>\n
      <\/span>Best Custodian Banks for Self-Directed IRAs<\/strong><\/span><\/h2>\n
      $\"Best$ <\/p>\n
      <\/span>Introduction to Self-Directed IRAs<\/strong><\/span><\/h2>\nA self-directed IRA (SDIRA) is a type of individual retirement account that allows investors to hold alternative assets beyond stocks, bonds, and mutual funds. With an SDIRA, you have the flexibility to invest in real estate, private equity, precious metals, and more. However, SDIRAs require the use of an IRA custodian to handle transactions, reporting, and storage of assets for the IRA. Choosing<\/a> the right SDIRA custodian is crucial to take full advantage while staying compliant with IRS rules.<\/p>\n
      This article will explore the best custodian banks for self-directed IRAs based on features, assets allowed, account costs, and reviews.<\/p>\n
      <\/span>Benefits of Using a Self-Directed IRA<\/strong><\/span><\/h2>\n
      Before diving into the top custodian choices, let’s overview some of the key advantages of using a self-directed IRA:<\/p>\n
      \n
      Invest in Alternative Assets<\/strong>\u00a0– Expand your investment opportunities beyond Wall Street into real estate, private lending, gold\/silver, business equity, and more.<\/li>\n
      Tax-Advantaged Growth<\/strong>\u00a0– Assets in an IRA grow tax-deferred or tax-free to amplify long-term compounding.<\/li>\n
      Take Control<\/strong>\u00a0– Self-direct your savings by handpicking assets rather than relying on stock-picking of mutual funds.<\/li>\n
      Diversify Your Portfolio<\/strong>\u00a0– Alternative assets can balance out market volatility in traditional IRA\/401k plans.<\/li>\n<\/ul>\n
      Now that the benefits are clear, which custodian banks make the cut for best supporting self-directed IRAs? Let’s find out…<\/p>\n
      <\/span>Custodian Bank Choice #1: Kingdom Trust<\/strong><\/span><\/h2>\n
      $\"Best$ <\/p>\n
      Kingdom Trust<\/a> is a privately held independent trust company that leads the industry for self-directed IRA custodians when it comes to asset flexibility and transaction processing.<\/p>\n
      <\/span>Key Features of Kingdom Trust<\/strong><\/span><\/h3>\n
      \n
      Top Asset Flexibility<\/strong>\u00a0– Kingdom Trust allows investing in all major alternative asset classes from real estate to private equity, P2P loans, precious metals, and more.<\/li>\n
      Fast Transaction Processing<\/strong>\u00a0– They excel at prompt review and processing of investment directions, wires, distributions, etc. to keep deals moving.<\/li>\n
      Wide Array of Account Types<\/strong>\u00a0– They provide custodial services for traditional IRAs, Roth IRAs, SEP IRAs, SIMPLE IRAs, HSA IRAs, and more.<\/li>\n
      Specialized Service Teams<\/strong>\u00a0– Dedicated departments for real estate transactions, loan servicing, private equity, and precious metals streamline the investing process.<\/li>\n
      Free Online Account Access<\/strong>\u00a0– Robust online account portal shows investment details, processing status, quarterly statements, and transaction history.<\/li>\n<\/ul>\n
      With such strong custodial support for all types of SDIRA investing, it’s no surprise Kingdom Trust has maintained an excellent reputation.<\/p>\n
      <\/span>Custodian Bank Choice #2: Equity Trust Company<\/strong><\/span><\/h2>\nEquity Trust Company<\/a> is another top choice among self-directed IRA specialists with their expertise in alternative asset transactions. The notable features include:<\/p>