Why should you open an account with Midland IRA using our online application?
The answer is easy! The process is smooth and simple for our clients who use self-directed IRAs and other plans. When you open an account using Midland IRA’s online services you can now simply go on our website and select “Open an Account” on the top of the home page. While we used to use paper applications, and currently still do, we are trying to encourage our clients to use the online portal because it is incredibly convenient and easy to navigate. The online application was designed to walk you through each step of the process and to make sure that you do not miss a field while filling it out.
Midland IRA’s online services portal was created with the intent of helping customers complete the application process in a timely manner. You start the online application by selecting “Start Online Application” and you are immediately directed to a page that allows you to select what type of account you are trying to open and gives you options on how you would like to fund your account. You are asked to accept some disclosures for the safety of parties involved, including Midland IRA. You fill out all the necessary fields related to your identity and contact information. If you try to move forward without completing a required field the application does not let you proceed. Once those are filled out the next step is to fill out the beneficiaries. Beneficiaries are individuals that a client lists in the case that they were to pass away during the owning of this account. This beneficiary will receive money or other benefits from the benefactor (you).
Midland IRA, as a leader in the administration of self-directed IRAs across the country, is doing its absolute best to stay abreast in the technology industry because, let’s face it— the world is moving towards more technology-based systems. With that being said, we plan to eliminate all paper applications at some point in the future. Every day we are working towards more online applications as opposed to paper ones. This will help with many of environmental needs, as well as with the overall timeliness of the process.
Midland IRA’s online services application allows for a more efficient and faster processing time on our end. Having the applications online will also help with the organization of papers and making sure that everything is kept together. The online application also gives one the option to save and return later. This is very helpful to people that may not have all of the information they need right away so that they don’t spend time on their process and have to completely restart again the next time they sign on.
If you choose to make Midland IRA your custodian for your self-directed IRAs, please try and utilize the online applications. It can only benefit both sides.