Phrases with «checkbook control»

"Checkbook control" refers to the ability to have direct control over and access to funds within your self-directed retirement account or a similar financial account. It means you have the power to write checks or make transactions using those funds without going through a middleman or financial institution for authorization. Full definition

Sentences with «checkbook control»

  • Alternative to having a third - party custodian be the intermediary of your specific IRA investments, you can open what is known as an IRA LLC, also know as an IRA with checkbook control. (costaricafire.com)
  • Looking at your linkedin page, quite a coincidence that a «Marketing Intern at Equity Trust Company» decides to urinate on the idea of checkbook control. (biggerpockets.com)
  • The business could have a 401k plan that would allow individual accounts with checkbook control over 410k funds for investing, and could allow company match on contributions, if and only if profits allowed for that. (biggerpockets.com)
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