Articles Categorized in: Blog

How to Get a Medallion Stamp

Finding a medallion stamp can be challenging, as most financial institutions that offer them prefer existing customers over potential ones. A medallion stamp serves as a high-security ink that verifies an individual’s signature and legal authority to transfer securities. Transferring securities between accounts can be necessary when moving them between accounts, giving them as gifts or transferring ownership after someone passes away. What banks offer medallion signature guarantee? Medallion signature guarantees are available through participating banks and credit unions in...
Read More

Can My Self-Directed IRA Loan Money to My LLC?

Alternative investments, like LLC-structured investments, may offer higher returns than traditional ones but carry greater risk. Self directed IRA investors must also be wary of prohibited transactions which could trigger taxes or penalties, potentially jeopardizing their account balances. One way of circumventing prohibited transactions is forming a checkbook IRA LLC, also referred to as checkbook control LLC. Can I Lend Money to My LLC From My Self-Directed IRA? Self-directed investing with your IRA account can protect its tax-sheltered status, with...
Read More