You may invest in WIF through a self-directed IRA offered by our custodian. Contributions and rollovers or custodial transfers from existing IRAs or qualified retirement plans, such as a 401(k), 403(b), or pension, are generally accepted.
An IRA custodian is a financial institution (e.g., bank, trust company, credit union) that manages the assets within an Individual Retirement Account (IRA). Custodians of Self-Directed IRAs ensure that account records are maintained, and IRS regulations are followed, including contribution limits, age requirements, and reporting on withdrawals.
Your IRA funds invested at WIF are primarily used to provide loan assistance to churches and church-related entities so they can expand their facilities, purchase land, build, renovate or refinance current debt.
Standard IRAs including Traditional, Roth, SEP, Simple and Inherited are offered through our custodian.
You can find our current rates on our homepage. Our investment interest rates are subject to change on January 1 or July 1 based on market and other factors.
Interest is compounded into your IRA invested in WIF twice a year, on June 30 and December 31.
Yes! Interest accrues daily based on the balance of your IRA investment in WIF. When you close your IRA and withdraw all the funds, the interest accrued up to the closure date will be included in the final payout amount.
IRA statements are able to be downloaded quarterly if you are enrolled in online access and have elected electronic statements with our custodian. Otherwise, paper statements will be sent quarterly for a fee.
Online access is available through our custodian’s website.
You will need a specific form to make an IRA contribution or distribution. Please select the form you are requesting using the FORMS button below. Upon completion, please submit the form(s) to WIF directly by emailing them to [email protected] or sending them by fax to (317) 774-7321.
It typically takes 2 – 10 business days to receive your funds.
You will need an Account Update Information form. Please select the form you are requesting using the FORMS button below. Upon completion, please submit the form(s) to WIF directly by emailing them to [email protected] or sending them by fax to (317) 774-7321.
Our IRA team is ready to assist you. Email us at [email protected], and we will be happy to help!