Special Purpose “checkbook control” self-directed IRA to allow retirement investors to use a newly established LLC to purchase real estate & more
IRA Financial Group, the leading provider of “checkbook control” self-directed IRA and solo 401(k) Plans, announces the introduction of the special purpose self-directed IRA LLC solution offering individual retirement investors the ability to use a special purpose limited liability company (“LLC”) to make traditional as well as alternative assets investments, such as real estate. IRA Financial Group has experienced a strong demand from retirement investors looking to be able to make real estate and other IRA investments from a local bank and without having to go through an IRA custodian. “With the special purpose LLC, retirement account holders can use their IRA assets and make investments like real estate by simply writing a check”, stated Jacky Ospina, a retirement tax specialist with the IRA Financial Group.
IRA Financial Group’s special purpose IRA LLC solution, 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 all from the comforts of a local bank account. The Self-Directed IRA LLC involves the establishment of a special purpose 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 special purpose IRA LLC, the IRA owner will have control over the IRA assets to make the investments he or she wants and understands
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 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.