Archive for September, 2013

“Checkbook Control” Self-Directed IRA LLC Can Save Retirement Investors Thousands of Dollars in IRA Custodian Fees Over the Years

September 30th, 2013

IRA Financial Group, the leading provider of “checkbook control” self-directed IRA and Solo 401(k) Plans announces the result of its internal report which highlights the fee benefits involved in establishing a checkbook control IRA LLC solution vs. a full service custodian self-directed IRA. A self directed IRA LLC with “Checkbook Control” plan is an IRS […]

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Do I need to ask permission to make an investment with my Self Directed IRA LLC?

September 26th, 2013

No – not with a Self Directed IRA LLC. All investment decisions are made by you, as manager of the Self Directed IRA LLC. It’s simple – when you want to make an investment, you write a check, use your debit card, wire funds, etc. All documents can be signed by you, as manager of […]

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IRA Financial Group Clients Using Self-Directed IRA and Solo 401(k) Plans to Purchase Detroit and Puerto Rico Debt

September 25th, 2013

IRA Financial Group, the leading provider of “checkbook control” self-directed IRA and Solo 401(k) Plans announces the finding of its monthly report which found that an increasing number of retirement investors were looking to purchase distressed municipal debt, such as Detroit and Puerto Rico debt using their self directed IRA LLC or Solo 401(k) Plan […]

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The Business Acquisition Compliance & Support Solution (BACSS)

September 24th, 2013

With IRA Financial Group’s Business Acquisition & Compliance Solution Structure (BACSS) – you now can: Use your retirement funds to invest in a new business tax-free! Use your retirement funds to purchase a business or franchise tax-free! Use your retirement funds to finance a new or existing business tax-free! Earn a reasonable salary from your […]

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How should a Solo 401(k) Plan Trustee administer a 401(k) Plan with Roth Contributions?

September 23rd, 2013

A trustee of a Solo 401(k) Plan with a qualified Roth contribution program must establish separate accounts including only designated Roth contributions and “earnings properly allocatable to the contributions,” and the plan administrator must maintain separate records for these accounts. Since distributions from accounts containing elective deferrals are included in distributees’ gross income, while distributions […]

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“Checkbook Control” IRA Gaining in Popularity in Light of Recent Tax Court Case Confirming its Legality

September 19th, 2013

IRA Financial Group has seen strong demand for the “checkbook control” IRA in light of recent Tax Court case Peek Vs. Commissioner Peek v. Commissioner (140 T.C. No. 12, 2013), a recent U.S Tax Court is an important case because it reinforces the ability for a retirement account investor to use retirement funds to invest […]

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How to Transfer a SEP IRA to a Self Directed IRA LLC

September 18th, 2013

Individuals may generally transfer IRA or rollover eligible qualified retirement plan assets into a self-directed IRA LLC structure. Individuals may also roll over after-tax retirement funds to a Roth Self-Directed IRA. What is the most Common Way to Fund a Self-Directed IRA? Transfers and rollovers are types of transactions that allow movements of assets between […]

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Buying Real Estate with Your IRA Financial Group, Self-Directed IRA/LLC or Solo 401(k)

September 17th, 2013

It’s a little-known fact that Real Estate can be purchased with retirement account funds. When using a Self-Directed IRA LLC or Solo 401(k) for investments in real estate, your profits are tax-deferred back into your retirement account. More important, if you have full checkbook control over your Self-Directed IRA LLC or Solo 401(k), the purchases […]

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