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Solo IRA Recommendations
I see that BP has a list of a couple dozen providers that can help me set up a solo IRA. Which are your favorites and why? Anyone not on the list that I should consider? What is a reasonable fee? Any questions you recommend asking or wish you had known to ask when setting up your own? Thanks in advance!
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Michael Plaks
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Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
Pro Member
#1 Tax, SDIRAs & Cost Segregation Contributor
- Tax Accountant / Enrolled Agent
- Houston, TX
All IRAs are solo by definition. You can have an IRA whether or not you have a business. When you hear the word "solo" - they are talking about a Solo 401k, which is a different type of an account, and they are excellent for the self-employed investors without employees.
Some of the providers with solid reputation are @Dmitriy Fomichenko, @Carl Fischer and @Brian Eastman.