This is done via an FDIC insured IRA Asset Trust that you, the IRA Owner, are the Trustee of. Investments are purchased by this Trust, which is an extension of your IRA.
HOW IT WORKS
Earn more and do more with your IRA!
Using the WealthFlex program, the hours, hoops and days/weeks/months the current process takes is eliminated. With direct real-time access to your IRA funds, the ability to sign your own purchase documents, and no custodial delays, you can easily make private investments work for you.
Four Quick Steps
Step 1
Create an account.
Step 2
Transfer your current IRA funds to your new WealthFlex IRA. This IRA will be a Trust that you are the Trustee of, and your IRA is the Owner of.
Step 3
You will be provided with a fully IRS compliant IRA Asset Trust, complete with signed documentation and IRS Tax ID number. This trust is an extension of your IRA and enjoys all of the benefits of tax deferral and the customary constraints of an IRA.
Step 4
Any cash you transfer to your new IRA will be transferred into a Wells Fargo® bank account that you and only you control.
Start Investing
As the Trustee of your new WealthFlex Trust, you get to control the bank account and to sign on behalf of the Trust. Each of your investments will be owned in the name of your WealthFlex Trust and is considered to be in your IRA for tax purposes.
Four Quick Steps
Step 1
Create an account.
Step 2
Transfer your current IRA funds to your new WealthFlex IRA. This IRA will be a Trust that you are the Trustee of, and your IRA is the Owner of.
Step 3
You will be provided with a fully IRS compliant IRA Asset Trust, complete with signed documentation and IRS Tax ID number. This trust is an extension of your IRA and enjoys all of the benefits of tax deferral and the customary constraints of an IRA.
Step 4
Any cash you transfer to your new IRA will be transferred into a Wells Fargo® bank account that you and only you control.
Start Investing
As the Trustee of your new WealthFlex Trust, you get to control the bank account and to sign on behalf of the Trust. Each of your investments will be owned in the name of your WealthFlex Trust and is considered to be in your IRA for tax purposes.
