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High Yield Interest Acct for Self Directed IRA Money that is not invested

DWQA Questions › Category: South Carolina › High Yield Interest Acct for Self Directed IRA Money that is not invested
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Chad Doyle asked 4 months ago

Hello,
Are there any companies that will allow you to place your uninvested cash from a checkbook self directed ira into a high yield savings acct?  If not, can you open an investment acct under the checkbook ira that I have through Wells Fargo in order to invest in ETF’s etc while waiting on the next Real Estate investment that isnt a long process to move money in and out?

1 Answers
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Mat Sorensen Staff answered 2 months ago

Thanks for your question. We answered this on our February 2024 Webinar – Open Forum: The Ins and Outs of Self-Directing Your Retirement Account – https://directedira.com/webinar-open-forum-the-ins-and-outs-of-self-directing-your-retirement-account/