PLEASE NOTE: 5498 Tax Forms are now available in the Client Portal
Forge Trust
PLEASE NOTE: 5498 Tax Forms are now available in the Client Portal
PLEASE NOTE: 5498 Tax Forms are now available in the Client Portal

Manage Your Account

You have important responsibilities as a self-directed IRA owner.

Here are a few helpful reminders and tips to help keep your investment compliant and to properly maintain your account.

Keep Your Account Information Up-to-Date

  • Protect your assets by keeping your contact information up-to-date. This includes phone numbers, email addresses, and your primary home address.
  • Keep beneficiary information up-to-date - email addresses, phone numbers and addresses.
  • If you have a financial advisor, CPA, a relative, or other affiliated representative that you want to have access to account information, there is a Rep Authorization form that you will need to complete to enable this access.

Provide Annual Valuations

  • As a self-directed IRA custodian we are required to keep the valuation of your accounts up-to-date however, it is the responsibility of the IRA account owner to provide the valuations to us once a year.
  • Depending on the type of asset, updated valuations may be provided by the issuer or sponsor or in the case of real estate may require an independent third party. We will request valuations from you and/or your sponsor annually depending on the type of asset you are invested in. Learn more by reviewing our Valuation Guide.

Maximize Your IRA

Custodial Fees

  • Pay your custodial fees on time and be sure to maintain your cash balance. Please refer to your account agreement and disclosures.

We always recommend consulting with a tax professional or financial advisor for guidance or advice.

Please submit any questions via Contact Us.

Required Minimum Distributions (RMDs)

Be aware of the requirements associated with Required Minimum Distributions.

It's important that you take distributions at the appropriate time to avoid tax penalties.