Over the last five years IRA Financial Group’s self-directed IRA and Solo 401(k) Plan investors have taken advantage of attractive real estate opportunities
IRA Financial Group, the leading provider of self-directed IRA LLC & Solo 401(k) plan solutions, announces that since 2010 its self-directed and solo 401(k) plan clients have invested over $2.6 billion in real estate. “By using cash in their retirement funds, our clients have has great success in finding and closing on real estate transactions as well as taken advantage of the tax benefits of owning real estate in a retirement account, “ stated Adam Bergman, a tax partner with the IRA Financial Group. “We are proud that our self-directed IRA and Solo 401(k) plan clients have had a significant impact on the growth in the U.S. real estate markets,” stated Mr. Bergman.
The primary advantage of using a self directed IRA LLC or Solo 401(k) Plan to make investments is that the income and gains from the retirement account investment are tax-deferred or tax-free in the case of a Roth IRA or Roth Solo 401(k) Plan. In addition, with a self-directed IRA or Solo 401(k) plan, investments can be made by simply writing a check.
With IRA Financial Group’s self directed IRA LLC & Solo 401(k) Plan solutions, traditional IRA or Roth IRA funds can be used to buy real estate throughout the United States in a tax-deferred account by simply writing a check. “Even with real estate prices increasing, our clients have been able to find attractive real estate opportunities for their retirement account, “ stated Susan Glass, a tax specialist with the IRA Financial Group. “Of the over $2.6 billion that our self-directed retirement clients have invested in the last five years, the majority of the clients have seen their investments grow in value, something we are quite proud of, “ stated Mr. Bergman.
According to Mr. Bergman, “ IRA Financial Group’s Self-Directed IRA and Solo 401(k) Plan for real estate investors, also called a real estate IRA with checkbook control or a Self-Directed real estate 401(k) Plan, is an IRS approved structure that allows one to use their retirement funds to make real estate and other investments tax-free and without custodian consent. A Self-Directed IRA and Solo 401(k) Plan provides the retirement account holder with greater control over his or her retirement assets allowing the individual to make traditional as well as non-traditional investments, such as real estate tax-deferred and with much lower annual fees. “By using a “checkbook control” self-directed IRA LLC or Solo 401(k) Plan our clients have been able to make hundreds of millions of dollars in real estate purchases without incurring high IRA account fees, “ stated Mr. Bergman.
The IRA Financial Group was founded by a group of top law firm tax and ERISA lawyers who have worked at some of the largest law firms in the United States, such as White & Case LLP, Dewey & LeBoeuf LLP, and Thelen LLP.
IRA Financial Group is the market’s leading “checkbook control” Self Directed IRA and Solo 401(k) Plan provider. IRA Financial Group has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate without custodian consent.