At PENSCO, we know our clients are tax-savvy and enjoy the tax-deferred or tax-exempt benefit that comes from investing with retirement dollars.... More
Ready to Invest in Alternatives? Here's What You'll Need
Pre-investment checklists by asset type
When it’s time to purchase an asset in your account, we’re here to guide you through the process, simply click on your asset type below:
- Real estate (PDF)
- Private equity (PDF)
- Unsecured note (PDF)
- Secured note (PDF)
- Convertible note (PDF)
We want to make sure you avoid unintended tax consequences by making you aware of some important things:
- The purchase should not constitute a “prohibited transaction.”
Be sure to familiarize yourself with the IRS rules regarding disqualified persons and prohibited transactions. The PENSCO Opportunity Analyzer® can also help, or you can call one of our PENSCO IRA Specialists, who has expertise with alternative assets in IRAs, with any questions.
- All expenses associated with the investment must come from cash in your IRA.
To ensure you always have funds available for planned and unplanned expenses, you’ll be asked to keep a credit card or ACH on file.
- The investment is made by the IRA - not you.
All documents should reflect the title or owner as “PENSCO Trust Company Custodian FBO [Your Name] [Type of Account]”
These rules are in place to ensure your investments maintain their tax-advantaged status. Depending on the type of investment you’re purchasing, there may be additional considerations, which vary. To help you learn more, we've developed the above comprehensive pre-investment checklists to get your investment started on the right track.