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The IRS provides a list of authorised IRA custodians so that you can reference to be certain your capabilities carrier is accredited. An IRA custodian is a facilitator for an account. They arent like a broker/dealer or funding consultant they dont do any form of inspections of potential investments or make options, nor are they doing any due diligence, reviews, or valuations. Unlike other funding providers, account statements from a self directed IRA custodian may only indicate what investments you own and what you paid. You are answerable for being acutely aware of case study solution changing value of investments and making selections on what to hold and when to sell. Gerri Walsh, Senior Vice President for Investor Education, FINRASetting up a self directed IRA that enables funding in choice assets is commonly no different than setting up an IRA with a bank or broker dealer that permits investment only in traditional assets, and most custodians will let you open an account over case study solution Internet.