Checkbook Control IRA: Handle with Care

Checkbook Control is being lauded as one of the greatest ideas for the IRA holder since the actual creation of the IRA.  In this program, the underlying legal support for the “checkbook control IRA” is examined carefully with regards to its applicability and prudence for the average IRA holder.  Understanding how this concept works is crucial, given the likelihood of your clients asking for ways to have ultimate control over the funds in their IRA.  

Is “Checkbook Control” a good idea for your clients?  Or should you handle this investment structure with care?  Let Brad Burnett and Bill Humphrey give you the tools to help you decide.

Learning Objectives:

I.     Understand why individuals want “checkbook control”

II.    Appreciate the benefits of internet advertising

III.   Analyze the potential issues with checkbook control and know the administrative issues with checkbook control

IV.   Recognize the tax and operating procedures with an IRA

V.    Evaluate who can be an IRA owner