Knowledge Center | Millennium Trust Company
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Account Basics

Required Minimum Distributions - Frequently Asked Questions

When retirement plan account owners reach retirement age—typically at age 70½—they are responsible for taking a required minimum distribution (RMD) from their account. This process can be complicated depending on the account and assets involved. Following are some of the most common questions that we receive about...

FAQ & How-To
4 minute read

Investing in Real Estate Using Your Self Directed IRA

Real estate has become an increasingly popular investment in building a diversified portfolio. Watch this brief video to learn more about holding real estate in a self-directed IRA.


My Automatic Rollover IRA

At Millennium Trust, we consider it a pleasure to work with IRA investors who need custody and administrative services. We see opportunities in what others might consider problems—opportunities to help clients prosper and grow.

FAQ & How-To
2 minute read

Guide to Investing in Real Estate in a Retirement Account

Investing in real estate in a retirement account can be beneficial, but it can also be complex. Learn about the process, as well as some of the complexities, before you invest.

FAQ & How-To
10 minute read

Mutual Fund Guide

This document contains a list of mutual funds and fund families that can be held in an account with Millennium Trust.

FAQ & How-To

Alternative Asset Transactions-Required Documentation

To process a transaction for an account, we require specific documentation. This fact sheet outlines the documents needed to complete a transaction. All documentation should be sent directly to Millennium for processing. Millennium does not evaluate or perform due diligence on any investment, investment sponsor,...

FAQ & How-To
2 minute read

Pre-Custody Required Documentation

To custody an Alternative Investment, we must first perform a Pre-Custody Review, which determines whether an investment is administratively feasible for an account. This fact sheet outlines the documents required to perform the review. Millennium does not evaluate or perform due diligence on any investment or...

FAQ & How-To
3 minute read

Traditional IRA Calculator

How can contributing to a regular IRA help you in your retirement?

Financial Calculators

Roth vs. Traditional IRA Calculator

Use this calculator to determine which IRA may be right for you.

Financial Calculators

IRA Spend It Or Save It Calculator

Use this calculator to determine the difference between spending your IRA now versus saving it for retirement.

Financial Calculators

Individual 401(k) Savings Calculator

Use this calculator to see the benefits of an Individual 401(k) for the self-employed.

Financial Calculators

Required Minimum Distribution (RMD)

Regardless of whether it’s your first time taking a Required Minimum Distribution (RMD) or you’ve been taking one for several years, when it comes to taking your RMD from an IRA holding alternative assets, it can get tricky. How can you best avoid delays and extra stress come December? Plan ahead!

Fact Sheet
2 minute read