• What types of IRA accounts does Jamestown Invest support?
    • We are working with a third-party IRA custodian, AltoIRA, which supports the following self-directed IRA accounts:
      • Traditional
      • Roth
      • SEP
    • You can invest through a self-directed IRA account by checking the box “I will be investing with a self-directed IRA” in the Investment Profile section at the beginning of your subscription process and following the steps provided. Detailed steps can also be found here.
    • You will have to create a new self-directed IRA account with AltoIRA (if you do not already have an account with AltoIRA) and fund it either through a direct cash contribution, transfer from an existing IRA account, or rollover from an existing 401(k) 403(b), or 457(b) retirement account from a previous employer. Before making any investment decisions, we suggest consulting with a financial advisor.
    • If you have an existing IRA with another provider, you will still need to open an account with AltoIRA, as the vast majority of IRA plans will not support investments in non-publicly traded opportunities like those offered through Jamestown Invest. The current self-directed IRA investing option for Jamestown Invest is AltoIRA.   
    • For a complete list of Investor Support FAQs regarding an investment through AltoIRA, please see the AltoIRA Investor Support page.
  • What is the minimum amount I can invest through a self-directed IRA account?

    The minimum investment in Jamestown Invest for self-directed IRA accounts is $5,000. 

  • What are the fees associated with investing through my IRA?
    • AltoIRA may charge a one-time transaction fee based on the size of your investment. The transaction fee is a one-time expense ranging from $0 - $150, depending on the size of your investment. 
    • AltoIRA also charges a monthly account administration fee to cover account management and tax and legal reporting on your behalf to the IRS. This fee ranges from $5 to $30 per month, depending on the size of your account with AltoIRA.
    • For more information, please see the AltoIRA pricing page.
  • How long will it take to fund my IRA investment?
    • Funding your IRA investment in Jamestown Invest 1, LLC can be done in as few as 7 calendar days from creating your Alto IRA account. All newly created IRA accounts require a minimum 7 calendar day waiting period, as dictated by the IRS.
    • During this waiting period, you will need to fund your Alto IRA. This can be done with a direct contribution, IRA transfer, or IRA/401k rollover. A direct contribution can be done by wire or ACH. If you choose to wire your funds, AltoIRA will receive them the same day. An ACH transfer will typically take between 5-7 days to settle. If you are transferring or rolling over an existing retirement savings account into a new self-directed retirement account with AltoIRA, your funding process may take longer depending on your existing custodian. AltoIRA’s support team will work with you directly to ensure account funding happens as efficiently as possible.
    • For more information regarding the timing of fund transfers specific to your existing IRA custodian, please click here.
  • How do I access tax documents for my IRA?
    • Tax documentation for retirement accounts will be generated by AltoIRA, who will report to the IRS on your behalf. You will also have access to these documents through the Jamestown Invest portal.
    • Through the AltoIRA platform, you will have access to your monthly account statement, as well as your tax documents including a 1099-R and/or Form 5498. You can access the Tax Center through the settings tab in your AltoIRA account.