IRA Financial Group, the leading provider of “checkbook control” self-directed IRA LLC solution announces a tax-free Self-Directed IRA Rollover solution for real estate investors with IRA or 401(k) funds. The self-directed IRA rollover solution allows retirement investors to rollover their pre-tax and after-tax IRA or 401(k) funds into a real estate IRA solution. “Our Self-Directed Real Estate IRA Rollover solution allow retirement investors to roll over existing retirement funds tax and penalty free to buy real estate, “stated Jacky Ospina, a retirement tax specialist with the IRA Financial Group.
Individuals may generally roll over their retirement savings between retirement accounts, such as an IRA and 401(k) qualified retirement plans without tax or penalty. Individuals may roll over only the pre-tax assets from a pre-tax IRA, such as a Traditional IRA, SEP, or SIMPLE IRA. After tax assets, such as a Roth IRA may not be rolled over to a qualified retirement plan or a Traditional IRA, only to a Roth IRA.
IRA Financial Group’s rollover self-directed IRA real estate LLC program involves the establishment of a limited liability company (“LLC”) that is owned by the IRA (care of the IRA custodian) and managed by the IRA holder or any third-party. As manager of the IRA LLC, the IRA holder will have control over the IRA assets to make real estate and other investments tax-free and without custodian consent. “Many investors don’t realize that you can rollover retirement funds from a prior retirement account and use those funds to buy real estate without having to pay tax or penalty, “ stated Ms. Ospina.
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 provider of “checkbook control” Self Directed IRA solutions. 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.