Self-directed IRA LLC Question Answered – How can I fund my IRA LLC bank account?
IRA LLC FAQ: How can I fund the account?
I am looking to invest my retirement funds in real estate via an IRA LLC so that I can have checkbook control over my funds. What are my options to fund the account?
RESPONSE:
You can fund the IRA by making contributions (e.g. $6,000 or $7,000 if you are age 50 or older). You can also fund the account by rolling over funds from an existing former employer plan and/or IRA.
