Crypto IRA LLC: Steps to Success
When you set up your Crypto IRA LLC™ with Nabers Group, we make the process smooth, compliant and easy for you so you can get on with investing and trading!
Our team of experts will help you swiftly and thoroughly complete your traditional or Roth IRA application so your account can be opened in just a couple business days.
IRA accounts are tied to the individual, so that keeps things simple. IRAs can receive rollovers from any other “defined contribution” type of retirement account such as another IRA, 401(k), 403(b), 457, SIMPLE IRA, SEP IRA, Keogh, etc. IRAs can also be self-directed. You designate the beneficiary for your IRA to ensure your loved ones are well cared for.
Our team will help prepare the traditional or Roth IRA applications, and get the transfer paperwork ready for you to submit to the custodian.
While your IRA account opening and rollovers/transfer is in progress, our team will form your new Special Purpose LLC. The member of the LLC will be your [Roth or traditional] IRA and you will be the manager. Our team will obtain a new tax ID number for your LLC and we’ll even help you open a bank account for the LLC. This way, you have complete “checkbook control” of the IRA funds once they are invested into your LLC.
Once the rollover funds are received by the IRA custodian, we’ll help you submit the Investment authorization form so the custodian will send the funds to the LLC you manage.
The final step is for you to have the [traditional or Roth] IRA funds invested from the custodian into the LLC. You’ll get a check or wire into the LLC bank account and you’re ready to start investing with complete checkbook control!
Steps to Success
- Open IRA and begin rollovers/transfers
Our team will prepare the [traditional or Roth] IRA applications and transfer paperwork. All you need to do is confirm the information is correct, sign, and send to the custodian. - Form the LLC
Let our experts form your LLC! We’ll gather some basic information from you, and then take care of the rest. Our team will form your LLC with the Secretary of State, obtain Registered Agent service for your new LLC and obtain a new tax ID number for the LLC. We’ll also make sure your annual renewal with your Registered Agent and Secretary of State is setup so keeping your LLC current is a breeze. - Submit investment authorization to IRA custodian
Your IRA LLC support team is here to ensure your [traditional or Roth IRA] funds are invested into the LLC you manage so you have complete checkbook control. Your IRA LLC support team will prepare the Investment Authorization form and supporting documents for you to sign and send into the IRA custodian. - Receive funds from the IRA into the LLC
The IRA custodian will send a check or wire to your new LLC bank account so you can invest the funds your way. Need help getting an LLC bank account? Let our support team make things easy and introduce you to our preferred trained banks and bankers who will open your LLC account with you at the helm. - Open a Crypto Exchange Account for Your LLC
Once your IRA funds have been invested into your LLC, it’s time to buy crypto! Open a brand new crypto exchange account int eh name of your LLC, using your LLC tax ID number. Because your LLC is only funded with IRA money, when your LLC buys crypto, those funds enjoy the same tax-deferred or tax-free status as your traditional or Roth IRA. - Begin investing
Now that your [traditional or Roth] IRA funds have arrived in your LLC bank account, you’re ready to start investing. Real Estate, cryptocurrencies, private notes, lending, private equity - the options are almost endless when you have checkbook control through our IRA LLC. We’re here to support you every step of the way!
