Archive for October, 2015

IRS Announces Annual Self-Directed IRA and Solo 401(k) Plan Contributions to Remain the Same as 2015 Due to Lack of Inflation in the Economy

October 30th, 2015

2016 IRA and 401(k) plan contribution limits still offer great retirement and tax benefits Starting on January 1, 2016 the Internal Revenue Services (“IRS”) announced that individuals seeking to making Traditional or Roth IRA contributions or self-employed individuals and small business owners that have adopted a solo 401(k) plan for the 2016 taxable year will […]

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The Difference Between an IRA and a Self-Directed IRA with Checkbook Control

October 29th, 2015

An Individual Retirement Account (IRA) is a tax-deferred retirement account for an individual that permits individuals to set aside money each year, with earnings tax-deferred until withdrawals begin at age 59 1/2 or later (or earlier, with a 10% penalty). Many “traditional IRA” custodians advertise themselves as offering a Self Directed IRA with “checkbook control”, […]

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Check Out Our Free Solo 401k Calculator

October 28th, 2015

Internal Revenue Code Section 72(p) allows a Solo 401K Plan participant to take a loan from his or her Solo 401K Plan, also called an Individual 401K or Self Directed 401K, so as long as it is permitted pursuant to the business’s 401K Plan documents. A Solo 401k loan is permitted at any time using […]

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Self-Directed IRA Investors Helping U.S. Existing Home Sales to Surge in September

October 27th, 2015

“Checkbook control” IRA investments helping to boost U.S real estate by investing over $330 Million in 2015 IRA Financial Group, the leading provider of self-directed IRA LLC solutions, announces the finding of its client report, which showed that IRA Financial Group clients have invested over $330 million dollars in the U.S real estate market in […]

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Solo 401(k) Plan Loan Rules

October 26th, 2015

Under a solo 401(k) Plan, a plan participant may be eligible to obtain a loan from the vested balance of the solo 401(k) plan balance without triggering a distribution subject to tax or penalty. With IRA Financial Group’s solo 401(k) plan, the IRA or 401(k) plan funds rolled into the new solo 401(k) plan, as […]

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What Exactly is UBTI?

October 23rd, 2015

The tax advantage of an IRA is that income is tax-free until distributed. In general, an exempt organization is not taxed on its income from an activity that is substantially related to the charitable, educational, or other purpose that is the basis for the organization’s exemption. Such income is exempt even if the activity is […]

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Adam Bergman, Esq. To Release Two Additional Books on Self-Directed Retirement Plans in 2015

October 22nd, 2015

IRA Financial Group Partner will release a total of four books on the self-directed IRA and solo 401(k) plans Adam Bergman, Esq., author of the popular book: Going Solo: America’s Best Kept Retirement Secret For the Self-Employed – What Financial Institutions Won’t Tell You About Saving for Retirement and The Checkbook IRA – Why You […]

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Check Out the Self Directed Roth IRA Calculator

October 21st, 2015

The primary advantage of using a Self-Directed Roth IRA LLC to make investments is that all income and gains associated with the Roth IRA investment grow tax-free and will not be subject to tax upon withdrawal or distribution. This is because unlike traditional IRAs, you are generally not subject to any tax upon taking Roth […]

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