Why Choose IRA Financial

Experience You Need

IRA Financial Group has over a decade of experience helping investors self-direct their retirement accounts.

A Team You Can Trust

Our tax and ERISA professionals have helped over 16,000 clients invest $4.6 billion in alternative assets.

Unbeatable Reputation

IFG founder Adam Bergman is a leading voice on self-directed retirement & has authored 7 books on self-directing.

Tell Us What You Need

Our team will work one-on-one with you to establish a Self-Directed IRA, Solo 401(k) or ROBS solution that fits your goals

Going Solo America's Best-Kept Retirement Secret for the Self-Employed

We Wrote the Book On Individual 401K Plans

Adam Bergman, founder of IRA Financial Group, has published 7 books on the topic of retirement plans and taxation, including Going Solo: America’s Best-Kept Retirement Secret For The Self-Employed, Solo 401(k) in a Nutshell, and Self-Directed IRA in a Nutshell. He is a frequent contributor to Forbes, has been quoted in over 250 major publications, and helped over 12,000 clients establish self-directed retirement plans to make alternative asset investments.

Advantages of Using A Self-Employed 401K Plan

High Contribution Limits

While an IRA only allows a $6,000 contribution limit (with a $1,000 additional “catch up” contribution for those over age 50), the Solo 401(k) annual contribution limit is $63,500 for 2020.

A World of Investment Opportunities

With a Self-Employed 401(k), you will be able to invest in almost any type of investment opportunity that you discover, including: real estate (rentals, foreclosures, raw land, tax liens etc.), private businesses, precious metals, hard money & peer to peer lending as well as stock and mutual funds; your only limit is your imagination.

Loan Feature

This plan offers a Self-Employed 401(k) participant the ability to access up to $50,000 for use for any purpose, including paying personal debt or funding a business.

“Checkbook Control” and No Custodian Fees

With a Self-Employed 401(k), you can serve as trustee of the Plan giving you “checkbook control” over the Plan’s funds. To this end, making an investment with your Self-Employed 401(k) is as easy as writing a check. Another significant benefit of the Self-Employed 401(k) is that it does not require the participant to hire a bank or trust company to serve as trustee.

Roth Type Contributions

The Self-Employed 401(k) contains a built-in Roth sub-account which can be contributed to without any income restrictions. With a Roth Solo 401(k) sub-account, you can make Roth type contributions while having the ability to make significantly greater contributions than with an IRA.

Cost Effective Administration

In general, the Self-Employed 401(k) is easy to operate. There is generally no annual filing requirement unless your Self-Employed 401(k) exceeds $250,000 in assets, in which case you will need to file a short information return with the IRS (Form 5500-EZ).

Offset the Cost of Your Plan with a Tax Deduction

By paying for your Self-Employed 401(k) with business funds, you would be eligible to claim a deduction for the cost of the plan, including annual maintenance fees. The deduction for the cost associated with the Self-Employed 401(k) and ongoing maintenance will help reduce your business’s income tax liability, which will in-turn offset the cost of adopting a self-directed Self-Employed 401(k) Plan.

Exemption from UDFI

When an IRA buys real estate that is leveraged with mortgage financing, it creates Unrelated Debt Financed Income (“UDFI”) – a type of Unrelated Business Taxable Income (also known as “UBTI or UBIT”) on which taxes must be paid. But, with a Self-Employed 401(k) plan, you can use leverage without being subject to the UDFI rules and UBTI tax. This exemption provides significant tax advantages for using a Self-Employed 401(k) Plan versus an IRA to purchase real estate.

Retirement Saving Consolidation through Rollovers

A Self-Employed 401(k) plan can accept rollovers of funds from another retirement savings vehicle, such as an IRA, a SEP, or a previous employer’s 401(k) plan. Thus, you can directly rollover your IRA or qualified plan funds to your new 401(k) Plan for investment or loan purposes. Note – only Roth IRA funds cannot be rolled into a Self-Employed 401(k) Plan.

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“What about your IRA, including rollover IRA? You need to look at state law, advises tax attorney Adam Bergman of New York’s IRA Financial Group.”

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“Adam Bergman…gets several calls a day from clients like McDermott looking to invest their retirement funds in real estate. ‘Our average client has retirement accounts of about $150,000 and is looking to buy one or two properties.'”

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“Jeff Brown…transferred roughly $50,000 from his workplace 401(k) to purchase homes to fix up and sell…He uses a self-directed IRA that he set up through IRA Financial Group in Miami Beach.”

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