Jun 28

IRA Financial Group Anticipates Strong Demand for Alternative Assets In Light of Brexit Vote From U.S. Retirement Investors

Brexit Vote’s Negative Impact on World Equity Markets to increase demand for self-directed IRA for gold and real estate.

IRA Financial Group, the leading provider of self-directed IRA retirement solutions, anticipates a surge in demand from United States retirement account holders looking to diversify their retirement portfolio in light of the June 23, 2016 Brexit vote. In light of the Brexit vote, U.S. stocks nosedived at the open as investors stunned by British voters’ unexpected move to exit the European Union and British Prime Minister’s subsequent announcement that he would step down sent global markets into a tailspin. “We are expected to be inundated with calls from retirement account holders looking to exit the traditional equity markets and buy alternative assets, such as real estate with their IRAs and 401(k) plans to better diversify their retirement portfolio,” stated Adam Bergman, partner with the IRA Financial Group.

According to Mr. Bergman, “we have heard from a number of our clients who are tired of having their retirement accounts being negatively impacted by developments in Europe and other parts of the world, such as Greece, China, and the most recent UK vote.”

With IRA Financial Group’s self directed retirement plans, retirement account investors have the ability to make traditional as well as alternative asset investments, such as real estate in a tax-deferred or tax-free basis. In addition, our self-directed Solo 401(k) plan is a perfect retirement and investment platform for any self-employed or small business owner with no full-time employees.

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 proudly announces the latest book titled “The Checkbook IRA” written by tax partner Adam Bergman, which is now available on Amazon. This is the second book in a four-part series on self-directed retirement plans. The first book “Going Solo” is also available on Amazon.

IRA Financial Group is the market’s leading “Checkbook Control” Self-Directed IRA Facilitator. 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.

To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.

Jun 22

IRA Financial Group Client Survey Shows Most Popular Cities for Buying Real Estate with Retirement Funds in 2016

Self-Directed IRA Client Survey showed most popular cities for self-directed real estate investments in 2016

IRA Financial Group, the leading provider of self-directed IRA and Solo 401(k) plans, announces the findings of its client survey, which showed the most popular U.S. cities for real estate investments by self-directed IRA investors for 2016. According to IRA Financial Group’s client survey, which surveyed over 400 self-directed IRA and Solo 401(k) plan clients, the Dallas-Fort Worth area was the most popular city for real estate investments in 2016. Tampa, Indianapolis, Phoenix, Grand Rapids, Orlando, Austin, and San Antonio followed Dallas-Fort Worth.

“It is clear that real estate continues to be the most popular alternative asset investments for self-directed IRA investors in 2016,” stated Adam Bergman, IRA Financial Group partner

According to Mr. Bergman, the client survey also showed that Florida, Texas, Arizona, Indiana, Michigan, California, Nevada, and Pennsylvania continue to be popular areas for self-directed IRA and Solo 401(k) plan real estate investors.

The primary advantage of using a Self Directed IRA LLC to make investments is that all income and gains associated with the IRA investment grow tax-deferred.

IRA Financial Group Client Survey Shows Most Popular Cities for Buying Real Estate with Retirement Funds in 2016IRA Financial Group’s Self-Directed IRA for real estate investors, also called a real estate IRA with checkbook control, 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. The Self-Directed IRA LLC involves the establishment of a limited liability company (“LLC”) that is owned by the IRA (care of the Roth IRA custodian) and managed by the IRA holder or any third-party. As manager of the IRA LLC, the IRA owner will have control over the IRA assets to make traditional as well as non-traditional investments, such as real estate.

Using IRA Financial Group’s self directed IRA for real estate or Solo 401(k) plan solution to make real estate investments offers a number of very interesting investment opportunities, including the ability to diversify ones retirement portfolio with real estate, precious metals, and other alternative investment options.

IRA Financial Group is the market’s leading provider of checkbook Self Directed IRA and Solo 401(k) plans. 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 tax and for one low flat fee.

The IRA Financial Trust Company, a self-directed IRA custodian, was founded by Adam Bergman, a partner with the IRA Financial Group.

To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646. To learn more about establishing a self-directed IRA account with the IRA Financial Trust Company please visit http://www.irafinancialtrust.com or call 800-472-1043.

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Jun 20

Self Directed IRA Maximum Contributions

2016 IRA 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 will be limited by the same annual contribution numbers as in 2015.

In 2016, Traditional and Roth IRA contribution limit will stay the same at $5,500 in 2016. The age 50 catch up limit is fixed by law at $1,000.

In the case of SIMPLE IRA plans have a lower limit than 401k plans. It will also stay the same at $12,500 in 2016. For those over the age 50 or over, the catch-up contribution limit will also stay the same at $3,000.

According to Adam Bergman, a partner with the IRA Financial Group, “although the 2016 IRA annual contribution limitations have not increased since 2015, there is still great opportunity to make tax-deferred or Roth contributions which can be the difference between retiring with wealth and having to work the rest of your life. “

2016 IRA Contribution LimitsFor those interested in making Roth IRA contributions, the IRS has increased the income limit for contributing the maximum to a Roth IRA by$1,000 in 2016 to $117,000 for singles and $184,000 for married filing jointly. “One is not able to contribute anything directly to a Roth IRA when your income goes above $132,000 for singles and $194,000 for married filing jointly, both up by $1,000 in 2016. However, you can still do a backdoor Roth IRA.” Stated Mr. Bergman.

IRA Financial Group’s Self-directed IRA LLC offers retirement investors the ability to make traditional as well as alternative asset investments, such as real estate, from a local bank account without any transaction fees. “With IRA Financial Group self-directed retirement plans, making an investment is as easy as writing a check.” 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 and Dewey & LeBoeuf LLP.

IRA Financial Group is the market’s leading provider of “Checkbook Control” Self Directed IRA and Solo 401k Plans. We have 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 tax-free and without custodian consent!

To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.

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Jun 17

The Self-Directed IRA LLC in a Nutshell

A Self-Directed IRA LLC is a type of IRA that allows the IRA holder (you) to gain control over your retirement funds so you have the ability to self-direct the type investments that you want to make using your retirement funds. With a traditional Self-Directed IRA, you as the IRA holder must direct the IRA custodian to make the investment you wish to make using your retirement funds, which often triggers high custodian fees and transaction delays. Whereas, with a Self-Directed IRA LLC with Checkbook Control you as the IRA LLC manager will have the ability to make traditional investments (stocks, mutual funds) as well as non-traditional investments (real estate, precious metals, etc) tax-free and without custodian consent.

The Self-Directed IRA LLC “Checkbook Control” Structure is IRS and tax court approved. The idea of using an entity owned by an IRA to make investments was first reviewed by the Tax Court in Swanson V. Commissioner 106 T.C. 76 (1996). In Swanson, the Tax Court, in holding against the IRS, ruled that the capitalization of a new entity by an IRA for making IRA related investments was a permitted transaction and not prohibited pursuant to Code Section 4975. The Swanson Case was later affirmed by the IRS in Field Service Advice Memorandum (FSA) 200128011.

Self-Directed IRA LLCUnlike a conventional Self-Directed IRA which requires custodian consent and requires high custodian fees, a Self-Directed IRA LLC with Checkbook Control will allow you to buy real estate or make other investments by simply writing a check.  With a Self-Directed IRA LLC, a special purpose limited liability company (“LLC”) is established that is owned by the IRA (care of the IRA custodian) and managed by you or any third-party. As manager of the IRA LLC, the IRA holder (you) will have total control over the IRA assets to make the investments you want and understand – not just investments forced upon you by Wall Street.

With IRA Financial Group’s Self-Directed IRA LLC, you will have total control to make any approved investment, including a real estate purchase, pay for improvements, and then sell the property without ever talking to the IRA custodian.  Since all your IRA funds will be held at a local bank in the name of the Self-Directed IRA LLC, all you would need to do to engage in a real estate transaction or other investment is write a check straight from the IRA LLC account or simply wire the funds from the IRA LLC bank account.  No longer would you need to ask the IRA custodian for permission or have the IRA custodian sign the real estate transaction documents.  Instead, with a Checkbook Control IRA, as manager of the IRA LLC, you will be able to execute the IRA investment by simply writing a check.

With a Self-Directed IRA LLC you will never have to seek the consent of a custodian to make an investment or be subject to excessive custodian account fees based on account value and per transaction.

By having a Self-Directed IRA LLC, you will gain checkbook control over your IRA funds so you can make real estate and other investments tax-free and without custodian consent.

The following are a number of the benefits of using a Self-Directed IRA LLC:

“Checkbook Control ”: With a Self-Directed IRA LLC with Checkbook Control, as the IRA LLC manager (the IRA care of the custodian will be the owner/member of the LLC), you will no longer have to get each investment approved by the custodian of your account. Instead, as manager of the Self-Directed IRA LLC, all decisions are truly yours. To make an investment, simply right a check and use the funds straight from your Self-Directed IRA LLC bank account.

Invest in Real Estate & much more Tax-Free: With a Self-Directed IRA LLC with checkbook control, you will be able to invest in almost any type of investment opportunity that you discover, including: real estate; your only limit is your imagination. The income and gains from these investments will flow back into your IRA tax-free.

Reduce Custodian Fees: With a Self-Directed IRA LLC structure, you will be in a position to save a significant amount of money on custodian fees. With a Self-Directed IRA LLC you no longer have to pay excessive custodian fees based on account value and transaction fees. Instead, with a Self-Directed IRA LLC, you will have the power to act quickly on a potential investment opportunity. When you find an investment that you want to make with your IRA funds, as manager of the Self-Directed LLC, simply write a check or wire the funds straight from your Self-Directed IRA LLC bank account to make the investment. The Self-Directed IRA LLC allows you to eliminate the delays associated with an IRA custodian, enabling you to act quickly when the right investment opportunity presents itself.

Tax Deferral: With the Self-Directed IRA LLC structure, all income and gains from IRA investments will generally flow back to your Self-Directed IRA LLC tax-free. Because an LLC is treated as a pass-through entity for federal income tax purposes and the IRA, as the member of the LLC, is a tax-exempt party pursuant to Internal Revenue Code Section 408, all income and gains of the LLC will generally flow-through to the IRA tax-free!

The Self-Directed IRA LLC, allows the IRA holder to:

  • Better protect their hard-earned retirement assets from a falling stock market or against the risk of U.S. inflation
  • Use the same Self-Directed IRA LLC to purchase domestic and foreign real estate, private mortgages, gold and stocks, bonds and mutual funds inside the same plan and generate profits tax-free
  • Purchase real estate foreclosures and tax liens on the spot, or make personal loans by simply writing a check and generate profits tax-free
  • Buy your retirement home or vacation property now at today’s prices, rent it out, and then move in at the age of 59 and 1/2!
  • Diversify your retirement portfolio and invest in almost any type of investment tax-free
  • Take control of your retirement funds and hold them at a local bank or credit union
  • Make a real estate or other investment by simply writing a check – it is that easy
  • Generate tax-free income and shield your retirement assets from creditors or bankruptcy!

The IRA Financial Group will take care of the entire setup of your Self-Directed IRA LLC “Checkbook Control” structure. The whole process can be handled by phone, email, fax, or mail and typically takes between 7-21 days to complete, the timing largely depending on the state of formation and the custodian holding your retirement funds. Our IRA experts and tax and ERISA professionals are on-site greatly reducing the setup time and cost. Most importantly, each client of the IRA Financial Group is assigned a retirement tax professional to help with the establishment of the Self-Directed IRA LLC “Checkbook Control” structure. You will find that our fee for this service is significantly less than other companies that perform the same or similar services.

To learn more about the Self-Directed IRA LLC structure, contact one of our IRA Professionals at 800-IRA-0646 today!

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Jun 14

How the Rollover Business Start-up Can Help Fund Your Business

The Business Acquisition & Compliance Solution Structure (BACSS), also known as the “Rollover Business Start-Up” (“ROBS”) Solution, is an IRS and ERISA approved structure that allows an individual to use retirement funds, such as an IRA or 401(k), to purchase a new or existing business or franchise tax-free and penalty-free.

The ROBS arrangement typically involves rolling over a prior IRA or 401(k) plan account into a newly established 401(k) plan, which a start-up C Corporation business sponsored, and then investing the rollover funds in the stock of the new C Corporation.

What is the Difference between using a Self-Directed IRA Vs. ROBS structure to buy a business?

At first glance, using a Self-Directed IRA LLC to purchase stock in a corporation would seem to share many similarities with the ROBS structure.

How the Rollover Business Start-up Can Help Fund Your BusinessWith IRA Financial Group’s ROBS transactions, the structure typically involves the following sequential steps: (i) an entrepreneur or existing business owner establishes a new C Corporation; (ii) the C Corporation adopts a prototype 401(k) plan that specifically permits plan participants to direct the investment of their plan accounts into a selection of investment options, including employer stock, also known as “qualifying employer securities.”; (iii) the entrepreneur elects to participate in the new 401(k) plan and, as permitted by the plan, directs a rollover or trustee-to-trustee transfer of retirement funds from another qualified retirement plan into the newly adopted 401(k) plan; (iv) the entrepreneur then directs the investment of his or her 401(k) plan account to purchase the C Corporation’s newly issued stock at fair market value (i.e., the amount that the entrepreneur wishes to invest in the new business); and finally (v) the C Corporation utilizes the proceeds from the sale of stock to purchase an existing business or to begin a new venture.

With IRA Financial Group’s ROBS strategy, the newly formed business will also be able to borrow from third parties, pay salaries to employees (including shareholders/plan participants), and engage in other routine business transactions with disqualified persons. Commonly, a corporate officer or shareholder will make or guarantee loans to the business.

With a Self-Directed IRA LLC, an entrepreneur could use retirement funds to purchase business assets like with the ROBS strategy. However, that individual would not be able to be actively involved in the business, earn a salary, or even personally guarantee a business loan.

The recent U.S. Tax Court case Ellis v. Comm’r of Internal Revenue, No. 14-1310 (8th Cir. 2015) highlights the risk and limitations involved when using a Self-Directed IRA to purchase business assets. In the Ellis case, the taxpayers used IRA funds to invest in a corporation that ultimately purchased business assets. Because Mr. Ellis used an IRA and not a 401(k) Plan to purchase the C Corporation stock, Mr. Ellis was not able to earn a salary or personally guarantee a business loan, which ultimately was the cause of the IRS prohibited transaction rule violation.

If Mr. Ellis had used IRA Financial Group’s ROBS strategy, he would have been able to purchase business assets with retirement funds, earn a salary from the business, as well as personally guarantee the business loan without triggering the IRS prohibited transaction rules.

Legal Foundation for the ROBS Solution

An individual retirement account investor is able to use retirement funds to invest in an active trade or business with tax or penalty because the ROBS solution qualifies for a special exemption set forth under IRC 4975(d) to certain prohibited transaction rules. The exemption to the prohibited transaction rules under IRC 4975(d) is centered around ERISA Section 408(e). It is IRC Section 4975(d) and ERISA Section 408(e) which shields employers from scrutiny of routine (non-abusive) corporate transactions by the plan sponsor and other “disqualified persons,” which might otherwise constitute technical violations of the prohibited transaction rules (due to the employer-sponsored retirement plan’s ownership of employer securities). If the plan sponsor and other fiduciaries’ routine corporate transactions did not fall within the purview of ERISA Section 408(e), the prohibited transaction rules would needlessly prohibit a myriad of legitimate business transactions and would ultimately nullify the exemption that Congress intended to provide. To accomplish its intended effect, ERISA Section 408(e) must be read to exempt the natural and necessary commercial consequences of owning corporate stock, rather than just the stock purchase or divestiture.

Important tax and economic policy considerations also compel a different result for 401(k) plans than IRAs. Congress specifically intended to encourage 401(k) plans to invest in employer securities, within certain limits. The opportunity to invest in employer securities through retirement plans benefits employers and employees alike by aligning their economic interests.

Outside the context of ROBS arrangements, many 401(k) plans permit participants to invest in employer stock. A number of large 401(k) plans, including plans sponsored by Apple and Pepsi, include substantial allocations of employer stock.

To learn more about the benefits of the ROBS (Rollover Business Startup) strategy, please contact a retirement tax expert at 800-472-0646.

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Jun 13

Everything You Ever Needed to Know About Self Directed IRAs

A Self-Directed IRA LLC is a type of IRA that allows the IRA holder (you) to gain control over your retirement funds so you have the ability to self-direct the type investments that you want to make using your retirement funds. With a traditional Self-Directed IRA, you as the IRA holder must direct the IRA custodian to make the investment you wish to make using your retirement funds, which often triggers high custodian fees and transaction delays. Whereas, with a Self-Directed IRA LLC with Checkbook Control you as the IRA LLC manager will have the ability to make traditional investments (stocks, mutual funds) as well as non-traditional investments (real estate, precious metals, etc) tax-free and without custodian consent.

The Self-Directed IRA LLC “Checkbook Control” Structure is IRS and tax court approved. The idea of using an entity owned by an IRA to make investments was first reviewed by the Tax Court in Swanson V. Commissioner 106 T.C. 76 (1996). In Swanson, the Tax Court, in holding against the IRS, ruled that the capitalization of a new entity by an IRA for making IRA related investments was a permitted transaction and not prohibited pursuant to Code Section 4975. The Swanson Case was later affirmed by the IRS in Field Service Advice Memorandum (FSA) 200128011.

Self-Directed IRA LLCUnlike a conventional Self-Directed IRA which requires custodian consent and requires high custodian fees, a Self-Directed IRA LLC with Checkbook Control will allow you to buy real estate or make other investments by simply writing a check.  With a Self-Directed IRA LLC, a special purpose limited liability company (“LLC”) is established that is owned by the IRA (care of the IRA custodian) and managed by you or any third-party. As manager of the IRA LLC, the IRA holder (you) will have total control over the IRA assets to make the investments you want and understand – not just investments forced upon you by Wall Street.

With IRA Financial Group’s Self-Directed IRA LLC, you will have total control to make any approved investment, including a real estate purchase, pay for improvements, and then sell the property without ever talking to the IRA custodian.  Since all your IRA funds will be held at a local bank in the name of the Self-Directed IRA LLC, all you would need to do to engage in a real estate transaction or other investment is write a check straight from the IRA LLC account or simply wire the funds from the IRA LLC bank account.  No longer would you need to ask the IRA custodian for permission or have the IRA custodian sign the real estate transaction documents.  Instead, with a Checkbook Control IRA, as manager of the IRA LLC, you will be able to execute the IRA investment by simply writing a check.

With a Self-Directed IRA LLC you will never have to seek the consent of a custodian to make an investment or be subject to excessive custodian account fees based on account value and per transaction.

By having a Self-Directed IRA LLC, you will gain checkbook control over your IRA funds so you can make real estate and other investments tax-free and without custodian consent.

The following are a number of the benefits of using a Self-Directed IRA LLC:

“Checkbook Control ”: With a Self-Directed IRA LLC with Checkbook Control, as the IRA LLC manager (the IRA care of the custodian will be the owner/member of the LLC), you will no longer have to get each investment approved by the custodian of your account. Instead, as manager of the Self-Directed IRA LLC, all decisions are truly yours. To make an investment, simply right a check and use the funds straight from your Self-Directed IRA LLC bank account.

Invest in Real Estate & much more Tax-Free: With a Self-Directed IRA LLC with checkbook control, you will be able to invest in almost any type of investment opportunity that you discover, including: real estate; your only limit is your imagination. The income and gains from these investments will flow back into your IRA tax-free.

Reduce Custodian Fees: With a Self-Directed IRA LLC structure, you will be in a position to save a significant amount of money on custodian fees. With a Self-Directed IRA LLC you no longer have to pay excessive custodian fees based on account value and transaction fees. Instead, with a Self-Directed IRA LLC, you will have the power to act quickly on a potential investment opportunity. When you find an investment that you want to make with your IRA funds, as manager of the Self-Directed LLC, simply write a check or wire the funds straight from your Self-Directed IRA LLC bank account to make the investment. The Self-Directed IRA LLC allows you to eliminate the delays associated with an IRA custodian, enabling you to act quickly when the right investment opportunity presents itself.

Tax Deferral: With the Self-Directed IRA LLC structure, all income and gains from IRA investments will generally flow back to your Self-Directed IRA LLC tax-free. Because an LLC is treated as a pass-through entity for federal income tax purposes and the IRA, as the member of the LLC, is a tax-exempt party pursuant to Internal Revenue Code Section 408, all income and gains of the LLC will generally flow-through to the IRA tax-free!

The Self-Directed IRA LLC, allows the IRA holder to:

  • Better protect their hard-earned retirement assets from a falling stock market or against the risk of U.S. inflation
  • Use the same Self-Directed IRA LLC to purchase domestic and foreign real estate, private mortgages, gold and stocks, bonds and mutual funds inside the same plan and generate profits tax-free
  • Purchase real estate foreclosures and tax liens on the spot, or make personal loans by simply writing a check and generate profits tax-free
  • Buy your retirement home or vacation property now at today’s prices, rent it out, and then move in at the age of 59 and 1/2!
  • Diversify your retirement portfolio and invest in almost any type of investment tax-free
  • Take control of your retirement funds and hold them at a local bank or credit union
  • Make a real estate or other investment by simply writing a check – it is that easy
  • Generate tax-free income and shield your retirement assets from creditors or bankruptcy!

The IRA Financial Group will take care of the entire setup of your Self-Directed IRA LLC “Checkbook Control” structure. The whole process can be handled by phone, email, fax, or mail and typically takes between 7-21 days to complete, the timing largely depending on the state of formation and the custodian holding your retirement funds. Our IRA experts and tax and ERISA professionals are on-site greatly reducing the setup time and cost. Most importantly, each client of the IRA Financial Group is assigned a retirement tax professional to help with the establishment of the Self-Directed IRA LLC “Checkbook Control” structure. You will find that our fee for this service is significantly less than other companies that perform the same or similar services.

To learn more about the Self-Directed IRA LLC structure, contact one of our IRA Professionals at 800-IRA-0646 today!

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Jun 10

Adam Bergman – IRA Financial Group Partner – Publishes Book on the Power of the Roth IRA Now Available on Amazon

New Roth IRA book is aimed at helping millennials and Generation Xers save for retirement

Adam Bergman, tax attorney and IRA Financial Group partner announces the release of his fourth book on retirement accounts titled: In God We Trust – In Roth We Prosper. How contributing just a few dollars a day to a Roth IRA can help you live large.

Written by author Adam Bergman, Esq., an experienced tax attorney who specializes in IRAs and 401(k)s, this must-read guide lays out everything one needs to know about how retirement accounts work. Whether it’s figuring out which one is the best one based on ones personal income circumstances, what to do to get started, or how much money to put away in a retirement account each year.

From a twenty-two-year-old just starting out in the job market to those in their late fifties who are already eyeing the end of their careers, anyone who desires to make sound investment decisions for their future will find great advice and solid answers to their most pressing questions with the Roth IRA book. “I have written this book to help millennials and Generation Xers understand the importance of starting to save for retirement at a young age and how just saving a few dollars in a self-directed Roth IRA can lead to hundreds of thousands of dollars of tax-free funds at retirement,” stated Adam Bergman.

According to Mr. Bergman, saving for retirement doesn’t have to be scary—and it’s certainly never boring! The book’s aim is to showcase the power of the Roth IRA and how easy it is to start saving for retirement. The book hopes to show young people that starting young and being consistent is the key to retirement saving. In addition, though examples and case studies, the book will show that one doesn’t need to be a high earner to consider saving through a Roth IRA. Even one dollar a day will make a difference.

Adam Bergman – IRA Financial Group Partner – Publishes Book on the Power of the Roth IRA Now Available on AmazonAdam Bergman is a partner with the IRA Financial Group, LLC, the markets leading provider of Self-Directed IRA LLC and Solo 401(k) plans. Mr. Bergman is also the President of the IRA Financial Trust Company, a self-directed IRA custodian. In addition, Mr. Bergman is a recognized expert on IRAs and 401(k) Plans and is the founder of the BergmanIRAReport.com and the Bergman401KReport.com. Mr. Bergman is the author of the book titled, “Going Solo: America’s Best Kept Retirement Secret For the Self-Employed,” available on Amazon, and is a frequent contributor to Forbes. Mr. Bergman has advised over 10,000 clients on the self-directed IRA LLC and Solo 401(k) Plan solutions.

In addition to the Roth IRA book, Mr. Bergman has written three other books on the topic of self-directed retirement plans, including “The Checkbook IRA”, “Going Solo,” and Turning Retirement Funds into Start-Up Dreams.

Prior to joining the IRA Financial Group, LLC, Mr. Bergman worked as a tax and ERISA attorney at White & Case LLP, Dewey LeBoeuf LLP, and Thelen LLP, three of the most prominent corporate law firms in the world. Throughout his career, Mr. Bergman has advised thousands of clients on a wide range of tax and ERISA matters involving limited liability companies and retirement plans. Mr. Bergman received his B.A. (with distinction) from McGill University and his law degree (cum laude) from Syracuse University College of Law. Mr. Bergman also received his Masters of Taxation (LL.M.) from New York University School of Law.

IRA Financial Group is the market’s leading provider of self-directed retirement plans. 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.

To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.

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Jun 08

The Northern Trust & IRA Financial Trust Relationship

The Northern Trust & IRA Financial Trust Relationship

IRA Financial Trust has developed a business relationship with Northern Trust Company to serve as the banking custodian for all its Self-Directed IRA client accounts.  IRA Financial Trust clients will benefit from the experience and security of knowing that all rollover and IRA contributions made to a Self-Directed IRA account with IRA Financial Trust will be held at Northern Trust Company before the client then directs them for investment.

IRA Financial Trust is a non banking IRA Trust Company that is responsible for administering your Self-Directed IRA account.  IRA Financial Trust’s client’s IRA assets will be held with Northern Trust, providing it with FDIC protection up to $250,000.

Northern Trust first opened its doors for business in 1889. Northern Trust (Nasdaq:NTRS) is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking solutions to corporations, institutions and affluent individuals. For over 125 years, the bank has evolved with the changing needs of their clients and our world.

As of September 30, 2015, Northern Trust Corporation had:

  • $120 billion in banking assets
  • $6.0 trillion in assets under custody
  • $887 billion in assets under management

Establish a Self-Directed IRA account with IRA Financial Trust with the knowledge that your funds will be held with Northern Trust, one of the oldest and most respected banks in the country, before being directed for investment. Northern Trust has established procedures to provide consumer protections, meet The Northern Trust & IRA Financial Trust Relationshipregulatory requirements and manage the servicing of your accounts. Once the IRA funds held at Northern Trust are ready for investment, the client will direct IRA Financial Trust to invest the IRA funds held with Northern Trust for investment through an LLC or directly into the asset being purchased.

The IRA Financial Trust & Northern Trust Relationship

IRA Financial Trust Company will provide non-discretionary, non-banking trust services and administration services for Self-Directed Traditional IRAs, Roth IRAs, SIMPLE IRA Accounts, and SEP IRA Accounts, focused on allowing participants within those accounts to invest in traditional as well as alternative asset investments, such as private LLCs and real estate.  As a non-banking IRA custodian, IRA Financial Trust has teamed up with Northern Trust to offer all IRA Financial Trust IRA clients with FDIC banking protection for up to $250,000 of funds held at the institution.  IRA Financial Trust will handle all IRS and required administration related to the Self-Directed IRA account and Northern Trust will provide all banking and custodial account functions involving the IRA account until the funds have been directed for investment either via a Checkbook Control IRA LLC structure or directly into another asset.

Northern Trust Corporation is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region.

Work with IRA Financial Trust and Northern Trust to establish your Self-Directed IRA or Checkbook IRA account today!

To learn more about opening a Self-Directed IRA account with the IRA Financial Trust Company, please contact an IRA retirement expert at 1-800-472-1043.

Jun 06

Self-Directed IRA Real Estate Investors Boosting U.S. Housing Market

IRA Financial Group has helped clients invest over $3 billion in retirement assets into real estate and other investments since 2010

IRA Financial Group, the leading provider of self-directed IRA plans, announces the finding of its internal study that found that self-directed IRA investors have helped push home prices back to near-record highs across the U.S. “Our clients have been able to use IRA and 401(k) plan funds to purchase real estate throughout the U.S., which have certainly helped home prices rise across the country.” Stated Jaclyn Baily, self-directed IRA specialist with the IRA Financial Group. “We are hearing from our clients that there’s a lot of demand right now for real estate investment properties and that using cash in their self-directed IRA is helping them win very competitive bidding wars,” stated Ms. Baily.

The primary advantage of using a “checkbook control” Self Directed IRA LLC to make real estate investments is that investments can be made by simply writing a check or executing wire without involving a custodian. In addition, all income and gains associated with the IRA investment grow tax-deferred or a tax-free in the case of a Roth IRA.

With IRA Financial Group’s real estate IRA solution , 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 climbing nationwide, our clients are still finding attractive real estate opportunities for the self-directed IRA LLC and gaining the opportunity to move quickly on a potential investment, “ stated Adam Bergman, a tax partner with the IRA Financial Group.

Self-Directed IRA Real Estate Investors Boosting U.S. Housing MarketIRA Financial Group’s Self-Directed IRA for real estate investors, also called a real estate IRA with checkbook control, 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. The Self-Directed IRA LLC involves the establishment of a limited liability company (“LLC”) that is owned by the IRA (care of the Roth IRA custodian) and managed by the IRA holder or any third-party. As manager of the IRA LLC, the IRA owner will have control over the IRA assets to make traditional as well as non-traditional investments, such as real estate.

IRA Financial Trust Company, a self-directed IRA custodian, was founded by Adam Bergman, a partner with the IRA Financial Group.

IRA Financial Group is the market’s leading provider of “checkbook control” Self Directed IRA and Solo 401(k) plans. 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.

To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646. To learn more about establishing a self-directed IRA account with the IRA Financial Trust Company please visit http://www.irafinancialtrust.com or call 800-472-1043.

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Jun 03

Self-Directed Roth IRA Conversion

IRA Financial Trust Company will assist you with making a Roth IRA conversion in connection with your Self-Directed Roth IRA. A conversion to a Roth IRA results in taxation of any untaxed amounts in the traditional IRA. However, the 10% early distribution penalty will not apply.

You can convert your traditional IRA to a Roth IRA by:

  • Rollover – You receive a distribution from a traditional IRA and contribute it to a Roth IRA with IRA Financial Trust within 60 days after the distribution (the distribution check is payable to you);
  • Trustee-to-Trustee transfer – You tell the financial institution holding your traditional IRA assets to transfer an amount directly to IRA Financial Trust, the new Trustee (IRA custodian) of your Roth IRA. The distributing Trustee may achieve this by issuing you a check payable to the new Trustee – IRA Financial Trust Company;
  • Same Trustee transfer – If your traditional and Roth IRAs are maintained at the same financial institution, you can tell the Trustee to transfer an amount from your traditional IRA to your Roth IRA.

Self-Directed Roth IRA ConversionBelow are some important points to consider when deciding whether to convert your Traditional IRA to a Self-Directed Roth IRA.

  • Do you have the ability to pay income taxes on the money you convert from your Traditional IRA?
  • Based on your income tax bracket, does it make sense to pay the entire tax due in the current year? If you expect your rate to go up, converting may be for you. If you think it will go down, then the opposite holds true.
  • Do you anticipate withdrawing Roth IRA funds for personal use within five years of conversion? If so, you may face taxes and penalties if you withdraw within five years of a conversion.
  • How confident are you in the projected investment returns relating to your IRA? The more confident you are that the investment will go up significantly in the future, the more attractive a Roth IRA conversion will be.

Converting a Traditional IRA to a Roth Self-Directed Roth IRA has a number of tax advantages and can offer you multiple tax and investments benefits.

To learn more about converting your Traditional IRA to a Self-Directed Roth IRA, please contact one of our Self-Directed retirement experts at 1-800-472-1043.

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