Powerful, Simple, Free. What’s not to like?
We created the free Gratis IRA to break down the barriers normally associated with alternative asset investing in an IRA.
A Simpler Way
While self-directed IRA plans have been around since the 1970’s, they have never been truly accessible for most investors. Before Gratis, self-directed IRA plans have been complex and expensive to setup and operate.
By creating a free program that is simple to use, Gratis makes self-directing your IRA a breeze.
Your IRA’s Own Private Fund
The power and flexibility of the Gratis IRA come from a two-layered structure commonly referred to as a checkbook control IRA:
- A self-directed IRA with our custodial partner
- A specialized trust entity owned by the IRA and controlled by you
The Gratis IRA is a similar in concept to a conventional IRA invested into a single fund. The difference is you get to be the fund manager and can invest in anything the IRS rules allow for.
Get Started in 10 Minutes
Our simple online application will have your account setup in about 10 minutes.
We’ll gather some basic info about you, whether you want to open a Traditional or Roth IRA, your IRA beneficiaries, and what you want to call your Gratis IRA Trust.
We’ll even take a selfie to keep the banking regulators happy. Say cheese!
Fund your Gratis IRA
Our team will work with you to fund your new Gratis IRA via transfer, rollover, or new tax-year contributions.
You can fund your Gratis IRA from one or more sources. Most IRA and former employer 401(k) or similar retirement plans can be rolled over tax-free. It is easy to add more funds later if you like.
Depending on where funds are coming from, it can take 1-4 weeks for a transfer or rollover to complete.
As soon as funds land in the IRA account, they are invested into the Gratis IRA Trust and placed into the trust checking account.
Investing with the Gratis IRA
Once your plan is setup and funded, you can start putting your retirement savings to work.
The Gratis IRA Trust is the investing layer. You will purchase assets in the name of the trust and fund all expenses for the acquisition and maintenance of investments via your trust checking account.
Making an investment is as simple as executing the contract and issuing a check or wire.
Income from investments is deposited back into the Gratis IRA Trust and is tax-sheltered under the umbrella of your IRA.
Easy to Maintain
The Gratis IRA Trust is simple to operate.
No annual registration or state licensing fees are required.
The trust does not need to file tax returns at the state or federal level.
Annual reporting is handled through the IRA.
You just need to update the custodian with the fair market value of the trust at year end.
Safe & Secure
Your Gratis IRA is in good hands.
Our custodial partner is a nationally chartered bank and trust. Funds are FDIC insured up to $250,000 while in cash.
The Gratis platform is designed with your privacy and security in mind.
