Dec 30

IRA Financial Group To Offer One-Day Set-Up For New Solo 401(k) Plan Clients in Light of December 31, 2014 Deadline

Self-directed solo 401(k) Plan solution can be set-up in one day and would offer self-directed investment features and can be opened at any local bank

IRA Financial Group, the leading provider of IRS compliant self-directed solo 401(k) plans, announces the one-day solo 401(k) plan set-up in light of the looming December 31, 2014 deadline for establishing a solo 401(k) Plan for the 2014 taxable year. The newly featured one-day self-employed 401(k) Plan set-up program will allow plan participants to rollover former employer 401(k) Plan, 403(b), 457(b), or IRA funds to a self-directed and open architecture solo 401(k) plan tax-free and penalty-free. The one-day solo 401(k) plan solution is designed specifically for individuals who are looking to gain access to their retirement funds to make traditional as well as non-traditional investments, such as real estate with no annual fees for the 2014 taxable year. “Because of strong demand from potential solo 401(k) plan clients to establish plans before December 31, 2014, we are offering a one-day solo 401(k) plan set-up for no additional fees.“ stated Enrique Estrada, a retirement tax specialist with the IRA Financial Group. “The self-directed self-employed 401(k) plan is a great retirement and investment vehicle for the self-employed looking to get more control of their retirement funds and make high tax deductible or after-tax contributions,” stated Ms. Estrada.

IRA Financial Group To Offer One-Day Set-Up For New Solo 401(k) Plan Clients in Light of December 31, 2014 DeadlineIRA Financial Group’s self-directed solo 401k Plan, also known as a self-employed 401(k) plan or individual 401(k) plan, is a cost effective 401(k) plan that was designed specifically for the self-employed or the small business owner with no employees. IRA Financial Group’s open architecture self-employed 401(k) plan is a retirement plan designed to maximize contributions and be less complex and less expensive to maintain than a conventional 401(k) Plan. With IRA Financial Group’s individual 401(k) Plan, in 2014, a plan participant can make high contributions – up to $57,500 – borrow $50,000 or 50% of his or her account value, and make real estate and other investments tax-free and without custodian consent.

With IRA Financial Group’s one-day set-up self-employed 401(k) Plan solution, as trustee of the plan, the plan participant will have “checkbook control” over the plan funds and have the ability to make traditional (stocks, mutual funds, etc.) as well as non-traditional investments (real estate, precious metals, tax liens, private businesses, etc.) without tax. Furthermore, IRA Financial Group’s self-directed 401K Plan account can be opened at any local bank or credit union.

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 solo 401k 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.

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

IRA Financial Group Facebook pageIRA Financial Group Twitter pageIRA Financial Group Tumblr pageIRA Financial Group Pinterest page

Dec 29

Is a Solo 401k Exempt from UBTI?

Am I subject to UBTI Tax on Unrelated Debt Financed Income in a Solo 401(k) Plan?

No. Unlike a Self Directed IRA LLC, when a Solo 401K Plan uses nonrecourse leverage to purchase real estate that is leveraged, it is exempt from paying any Unrelated Business Taxable Income (UBTI) tax on the income or gain generated.

When an IRA buys real estate that is leveraged with mortgage financing, it creates Unrelated Debt Financed Income (a type of Unrelated Business Taxable Income) on which taxes must be paid. A Solo 401(k) plan is exempt from UDFI pursuant to Internal Revenue Code Section 514(c)(9).

With the UBTI tax rates at approximately 35%, the Solo 401(k) Plan offers real estate investors looking to use nonrecourse leverage in a transaction with a tax efficient solution.

Debt-financed property” refers to borrowing money to purchase the real estate (i.e., a leveraged asset that is held to produce income). In such cases, only the income attributable to the financed portion of the property is taxed; gain on the profit from the sale of the leveraged assets is also UDFI (unless the debt is paid off more than 12 months before the property is sold).

Why does this Exemption Apply to 401(k) Plans and Not IRAs?

When Internal Revenue Code Section 514(c)(9) was enacted in 1980, it applied only to qualified pension, profit sharing, and stock bonus plans, but its scope was broadened in 1984 to include schools, colleges, and universities. The provision brings the history of Internal Revenue Code Section 514 full circle by exempting some organizations, such as 401(k) Qualified Plan, from tax on income from the very sort of leveraged real estate deals that provoked the enactment of the predecessor of Internal Revenue Code Section 514 in 1950. As per the legislative history, the only reason given in the committee reports for the exemption is that some people wanted it: “Trustees of these plans are desirous of investing in real estate for diversification and to offset inflation. Debt-financing is common in real estate investments.”

Please contact one of our 401(k) Experts at 800-472-0646 for more information.

Dec 24

An Overview of the Solo 401(k) Plan Roth In-Plan Rollover

For the past few years, plans with designated Roth accounts could allow an individual to roll over an amount from a non-Roth account into the individual’s designated Roth account in the same plan, but only amounts the individual could have had distributed from the plan, usually because the individual had attained age 59½ or had severed from employment.

An Overview of the Solo 401(k) Plan Roth In-Plan RolloverBeginning in 2013, a 401(k) plan can permit this type of rollover for an amount that is not eligible for distribution at the time of the rollover, such as an amount in an individual’s regular (pre-tax) elective deferral account when the individual is not eligible for a distribution from that account.  The Roth in-plan rollover rules also apply to Solo 401(k) plan employer profit sharing contributions which are made in pre-tax and can be immediately converted to a Roth plan account without any plan triggering event. The amount of the Roth conversion is treated as income and subject to tax, but there is no 20% withholding on the Roth conversion amount.

A similar expansion applies to 403(b) plans and governmental 457(b) plans. The amendment to the in-plan Roth rollover rules was made by the American Taxpayer Relief Act of 2012. The purpose of the relaxation of the in-plan Roth rollover rules is to encourage plan participants to do Roth conversions which brings in immediate tax revenue to the Treasury. In light of the recent financial difficulties in the economy, Treasury has had s tough time bringing in the amount of tax revenues needed and there hope is that encouraging plan participants to do in-plan Roth conversion will help Treasury add the needed tax revenues.

To learn more about the in-plan Solo 401(k) Plan Roth rollover rules, please contact a retirement tax specialist at 800-472-0646.

IRA Financial Group Facebook pageIRA Financial Group Twitter pageIRA Financial Group Tumblr pageIRA Financial Group Pinterest page

Dec 23

Check out the New IRA Financial Group Podcast

Recently, we introduced the IRA Financial Group podcast, where partner and retirement expert Adam Bergman discusses different topics concerning retirement planning.  You can check out our first three podcast by following this link.  Also, if you are on iTunes, you can check us out here.

IRA Financial Group on iTunesIf you have any questions or would like to suggest a topic, please contact us or call 800.472.0646 today!

IRA Financial Group Facebook pageIRA Financial Group Twitter pageIRA Financial Group Tumblr pageIRA Financial Group Pinterest page

Dec 22

IRA Financial Group To Offer Year End Special For New Solo 401(k) Plan Clients from December 22 Through December 24, 2014

30% off IRS approved Self-directed solo 401(k) Plan solutions for limited time only

IRA Financial Group, the leading provider of IRS compliant self-directed solo 401(k) plans, announces a limited time special offer for new clients wishing to establish an IRS compliant self-directed solo 401(k) plan. IRA Financial Group will offer a 30% discount to any client establishing a self-directed solo 401(k) plan from Monday December 22 through Wednesday, December 24, 2014. The year-end special self-directed solo 401(k) plan pricing allow plan participants to rollover former employer 401(k) Plan, 403(b), 457(b), or IRA funds to a self-directed and open architecture solo 401(k) plan tax-free and penalty-free. The 30% special discount solo 401(k) plan solution is designed specifically for individuals who are looking to gain access to their retirement funds to make traditional as well as non-traditional investments, such as real estate with no annual fees for the 2014 taxable year.

IRA Financial Group To Offer Year End Special For New Solo 401(k) Plan Clients from December 22 Through December 24, 2014 “In light of a strong demand from prospective solo 401(k) plan clients to establish plans before December 31, 2014, we are offering a special limited time 30% discount for all solo 401(k) plan set-up between December 22 and December 24, 2014,“ states Enrique Estrada, a retirement tax specialist with the IRA Financial Group, “the self-directed self-employed 401(k) plan is a wonderful retirement and investment vehicle for the self-employed looking to get more control of their retirement funds and make high tax deductible as well as make real estate and other alternative investments,” stated Ms. Estrada.

IRA Financial Group’s self-directed solo 401k Plan, also known as a solo 401(k) plan or individual 401(k) plan, is a cost effective 401(k) plan that was designed specifically for the self-employed or the small business owner with no employees. IRA Financial Group’s open architecture self-employed 401(k) plan is a retirement plan designed to maximize contributions and be less complex and less expensive to maintain than a conventional 401(k) Plan. With IRA Financial Group’s individual 401(k) Plan, in 2014, a plan participant can make high contributions – up to $57,500 – borrow $50,000 or 50% of his or her account value, and make real estate and other investments tax-free and without custodian consent.

With IRA Financial Group’s special 30% discount for solo 401(k) plan established between December 22 and December 24, 2014, as trustee of the plan, the plan participant will have “checkbook control” over the plan funds and have the ability to make traditional (stocks, mutual funds, etc.) as well as non-traditional investments (real estate, precious metals, tax liens, private businesses, etc.) without tax. Furthermore, IRA Financial Group’s self-directed 401K Plan account can be opened at any local bank or credit union.

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 solo 401k 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.

To learn more about the IRA Financial Group please contact a solo 401k expert @ 800-472-0646.

IRA Financial Group Facebook pageIRA Financial Group Twitter pageIRA Financial Group Tumblr pageIRA Financial Group Pinterest page

Dec 19

Year End Planning – December 31 Deadline to Open a Solo 401(k)

If you are a self-employed individual or have an owner-only business, you can open and fund a Solo 401(k) plan for 2014.  But act fast, you have until the end of the year to open and fund it!  Here is everything you need to know about the Solo 401(k) plan:

401(k) plans are defined in the Internal Revenue Code (Section 401) as retirement savings trusts. A 401(k) Plan is an IRS approved qualified retirement plan. As the name implies, the Solo 401(k) plan is an IRS approved qualified 401(k) plan designed for a self-employed individual or the sole owner-employee of a corporation. It works best when there are no other employees or a very small number of employees.

In 2001, the Economic Growth and Tax Relief Reconciliation Act (EGTRRA) was passed. This act clarified how a 401(k) could be used by a self employed person who has no full time employees. It also clarified that the self-employed 401(k) participant can make contributions as the role of employee and employer resulting in very high contribution limits.

To access these benefits an investor must meet two eligibility requirements:

1. The presence of self employment activity.

2. The absence of full-time employees.

A Solo 401(k) offers a self-employed business owner the ability to use his or her retirement funds to make virtually any type of investment on their own without requiring the consent of a custodian. The IRS only describes the type of investments that are prohibited, which are very few. In addition, a Solo 401(k) plan offers a high annual contribution limit (up to $57,500), allows you to borrow up to $50,000 for any purpose, and imposes no custodian fees.

The Advantages of Using a Solo 401(k)?

The Solo 401(k) plan offers most of the characteristics of the Self Directed IRA LLC, including having the ability to make almost any type of investments, including real estate, but without the need to establish an LLC or pay custodian fees.  The Solo 401(k) Plan is the most tax-advantageous retirement plan available because of its very high annual contribution limits. The Solo 401K plan also allows you to borrow money from your retirement funds (up to $50,000) and use the funds for any purpose, including help finance your business or pay personal bills.

Am I Eligible to use the Solo 401K Plan?

The Solo 401(k) plan may be used by any individual who is already a business owner or who will be establishing a business and does not have, or plan to have, full-time employees. The Solo 401(k) plan is perfect for independent contractors, such as consultants, home businesses and real estate agents. The owner’s spouse may also contribute to the plan as long as he or she is an employee of the business.

Use the Solo 401K Plan to Take out a Loan

One of the advantages of the Solo 401K plan is that it allows you to take out a loan from your retirement account. Under Internal Revenue Code Section 72(p), a Solo 401(k) Plan participant is permitted to borrow up to 50% of the total 401(k) value or $50,000 whichever is less tax-free for any reason. Repayment of the loan is based on a schedule provided when the loan is initiated and must be paid back into the account (including interest) over a term of up to five years. Loan payments must be made at least quarterly and at a minimum interest rate of Prime (as of February 1, 2014, the Prime interest rate as per the wall Street Journal is 3.25%). Failure to make the loan payments may cause a loan default causing taxes and IRS penalties.

For Real Estate Investors

Like the Self-Directed IRA LLC structure, the Solo 401K Plan offers participants the ability to invest in real estate tax-free! All income and gains generated by the investment will flow back to the 401(k) Plan tax-free!

In addition, in the case of an IRA using nonrecourse debt to finance a real estate purchase (only nonrecourse debt is permitted as recourse debt associated with an IRA investment would trigger a prohibited transaction), income or gains generally from the investment would trigger a penalty tax called the Unrelated Debt Financed Income (UDFI) tax. UDFI is a type of unrelated business taxable income which if triggered could subject the IRA to a 35% tax. However, a 401(k) Plan using nonrecourse financing for a real estate investment is exempt from the UDFI tax (Internal Revenue Code Section 514(c)(9).

How do I Initially fund the Solo 401K Plan?

Like the Self-Directed IRA LLC, to initially fund the Solo 401(k) you may rollover funds from Traditional IRAs, SEP Plans, previous employer 401(k) plans, Money Purchase plans, Profit Sharing plans, Keogh plans, Defined Benefit plans, 403(b) plans and Rollover IRAs tax-free! This is accomplished by setting up a Trust account for the Solo 401(k) and directly transferring the funds from the current Custodian to the trust bank account. The trust account can be opened at any local bank or credit union.

How much Money Can I Contribute to the Solo 401K Plan?

Under the 2014 Solo 401(k) contribution rules, a plan participant under the age of 50 can make a maximum employee deferral contribution in the amount of $17,500. That amount can be made in pre-tax or after-tax (Roth). On the profit sharing side, the business can make a 25% (20% in the case of a sole proprietorship or single member LLC) profit sharing contribution up to a combined maximum, including the employee deferral, of $52,000, an increase of $1,000 from 2013.

For plan participants over the age of 50, an individual can make a maximum employee deferral contribution in the amount of $23,000. That amount can be made in pre-tax or after-tax (Roth). On the profit sharing side, the business can make a 25% (20% in the case of a sole proprietorship or single member LLC) profit sharing contribution up to a combined maximum, including the employee deferral, of $57,500, an increase of $1,000 from 2013.

Calculate Your Solo 401k Plan Maximum Contribution Limit Please click here to calculate your Solo 401(k) Plan Maximum Contribution Limit.

 

The Trustee

For a Solo 401K plan, a Trustee must be designated to hold the assets of the retirement plan. In the case of the Solo 401(k), you are able to act as your own Trustee and are responsible for investing trust assets prudently and productively. In other words, as Trustee of the 401(k) Plan, you will have “Checkbook Control” over the Plan assets allowing you to make investments by simply writing a check from your 401(k) Trust account. As a result, the Solo 401(k) Plan is perfect for making real estate or tax lien investments. Note – The Trustee is prohibited from benefiting directly from the trust and cannot co-mingle personal funds with the trust or enter into a transaction with the trust.

Please contact one of our Solo 401(k) Experts at 800-472-0646 for more information.

IRA Financial Group Facebook pageIRA Financial Group Twitter pageIRA Financial Group Tumblr pageIRA Financial Group Pinterest page

Dec 18

IRA Financial Group’s Solo 401k CPA Services

IRA Financial Group is the only full service Solo 401(k) Plan facilitator that offers its clients the ability to consult with our in-house tax accountants and CPAs, in addition, to our tax professions. Our in-house CPAs are specially trained in the taxation of retirement accounts, which allows us to provide our clients with specialized tax advice and offer tax filing and reporting services relating to the use and taxation of 401(k) Plan funds to make investments. Because the Solo 401(k) Plan is governed by a complicated set of IRS and ERISA tax rules, it is crucial to work directly with specially trained tax professionals and CPAs.

The Taxation of a Solo 401(k) Plan

The one-participant 401(k) plan is not a new type of 401(k) plan. It is a traditional 401(k) plan covering a business owner with no employees, or that person and his or her spouse. These plans have the same rules and requirements as any other 401(k) plan. The Solo 401(k) Plan is a qualified retirement plan that is governed by Internal Revenue Code Section 401. A Solo 401(k) Plan is a tax-exempt qualified retirement plan. In other words, in general, a Solo 401(k) Plan is not subject to any tax earned on any passive income allocated to the Solo 401(k) Plan.

Annual Tax Reporting Requirement – IRS Form 5500-EZ

A Solo 401(k) plan is generally required to file an annual report on IRS Form 5500-EZ if it has $250,000 or more in assets at the end of the year. A one-participant plan with fewer assets may be exempt from the annual filing requirement.

IRA Financial Group's Solo 401k CPA ServicesIn-House CPA Services

The IRA Financial Group has designed a specialized Solo 401(k) CPA service, which will offer clients the ability to consult with specialized Solo 401(k) Plan trained CPAs on a wide variety of tax & ERISA matters concerning the Solo 401(k) Plan. Below is a list of some of the services offered by our in-house CPAs:

  • Advising clients regarding Federal Income tax matters concerning the establishment, maintenance, and operation of a Solo 401(k) Plan
  • Advising clients regarding ERISA tax matters concerning the establishment, maintenance, and operation of a Solo 401(k) Plan
  • Advising clients regarding state income tax matters concerning the establishment, maintenance, and operation of a Solo 401(k) Plan
  • Assisting clients with the completion and filing of IRS Form 5500-EZ
  • Assisting clients with the completion and filing of any Federal Income tax Partnership returns in connection with the employer which adopted the Solo 401(k) Plan
  • Assisting clients the completion and filing of any state Income tax returns in connection with the employer which adopted the Solo 401(k) Plan
  • Advising clients on the IRS prohibited transaction rules as they pertain to federal and state tax matters concerning using a Solo 401(k) Plan to make investments
  • Advising clients regarding the Unrelated Business Taxable Income (UBTI or UBIT) rules concerning a Solo 401(k) Plan investment
  • Advising clients regarding the Unrelated Debt Finance Income (UDFI) tax rules concerning a Solo 401(k) Plan investment
  • Assisting clients the completion and filing of the IRS Form 990-T in connection with a Solo 401(k) Plan investment that generates UBTI and/or UDFI
  • Assisting clients with the day-to-day accounting and management of the Solo 401(k) plan investments (QuickBooks)
  • Solo 401(k) Plan annual asset valuation services
  • Advising on the federal and state asset & creditor protection rules relating to the use of a Solo 401(k) Plan

Specialized In-House CPA Service for Real Estate Investors

When it comes to engaging in a real estate transaction with a Solo 401(k) Plan there are a number of important IRS and tax rules that must be followed. For example, IRC Section 4975 prohibits an Plan owner to engage in a transaction that directly or indirectly benefits him/or her or any other “disqualified person”. A “disqualified person” is defined in IRC Section 4975 as the Plan owner and any of his or her lineal descendants, which include parents, children, spouse, daughter-in-laws, and son-in-laws. In addition, a “disqualified person” is not permitted to provide any services or receive any personal benefit from the Solo 401(k) Plan investment. Therefore, IRA Financial Group has specially designed a CPA tax service program for Solo 401(k) Plan investors. The specialized CPA service will offer special federal and state tax advice regarding real estate matters as well will cover federal and state tax reporting and filing obligations. Our specially designed Solo 401(k) Plan real estate CPA service will also offer clients that ability to work with our in-house CPAs to develop an internal accounting system that could keep track of all Solo 401(k) Plan related expenses and income in order to be in a position to properly value the Solo 401(k) Plan assets. The Solo 401(k) Plan real estate CPA service is designed to offer a Solo 401(k) Plan retirement investor with a more detailed accounting of the activities of the Solo 401(k) Plan and its investments.

The tax professionals and CPAs at the IRA Financial Group are committed to making sure your Solo 401(k) Plan solution remains in full IRS and ERISA compliance from establishment through investment.

For more information on IRA Financial Group’s in-house CPA services, please contact a Solo 401(k) Plan expert at 800-472-0646.

IRA Financial Group Facebook pageIRA Financial Group Twitter pageIRA Financial Group Tumblr pageIRA Financial Group Pinterest page

Dec 16

Rollover Business Startup – IRA Financial Group

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 purchase a new or existing business with retirement funds and be active in the business without triggering any of the IRS prohibited transaction rules.

Use your retirement funds to purchase a business or franchise tax-free
-Recapitalize and/or expand your business tax-free with no penalty
-Earn a reasonable salary from your new or existing business
-Diversify your retirement portfolio and invest in something you know and believe in
-Build your retirement nest egg with a 401(k) plan
-Flex pricing plan recordkeeping and administration services
-IRS & ERISA compliant
-Asset/creditor protection

How Does it Work?
-Your assigned tax partner and CPA will work with you to establish a C Corporation and ERISA 401(k) qualified retirement plan.
-The new C Corporation and 401(k) plan account can be opened at any local bank or financial institution.
-Fund the new 401(k) plan with a rollover of any pre-tax retirement funds or by making a tax-deductible or after-tax (Roth) contribution directly to the new plan account.
-The 401(k) plan would then purchase stock of the C Corporation (qualifying employer securities), allowing for the 401(k) funds to be invested in the corporation in return for shares of the corporation.
-The C Corporation would then have the necessary funds to buy or finance the business.
-As an employee of the business, you would be able to earn a salary from the business.
-No plan termination fee

Below please find a link that describes the Business Acquisition Solution (ROBS) program in greater detail:

http://www.irafinancialgroup.com/businessfunding.pdf

If you have any additional questions on how to use your retirement funds to buy a business, please contact a retirement tax specialist at 800-472-0646 (ext 12).
IRA Financial Group Facebook pageIRA Financial Group Twitter pageIRA Financial Group Tumblr pageIRA Financial Group Pinterest page

Dec 15

Funding a Business with the Business Acquisition Compliance & Support Solution

Are you an entrepreneur having trouble getting financing for a new business?

The IRA Financial Group’s Business Acquisition Structure is your solution!

Use your retirement funds to purchase a new business or franchise tax-free and without penalty!

It’s 100% IRS compliant.

The Employee Retirement Income Security Act of 1974 (otherwise known as ERISA) and the Internal Revenue Code firmly establish that retirement funds may be used to acquire or invest in a new or existing business as long as the transaction complies with IRS and ERISA rules and regulations. Because the IRS has stressed the importance of one-hundred percent compliance with these rules, it is Business Acquisition Solutioncrucial to work with a company that is operated by a team of in-house tax and ERISA professionals who have worked at some of the largest law firms in the United States, including White & Case LLP and Dewey & LeBoeuf LLP to ensure the structure is fully compliant with IRS and ERISA rules. While our competitors were promoting this type of structure, which in many cases failed from a compliance standpoint, the IRA Financial Group’s in-house retirement tax professionals spent the last two years reviewing IRS materials in order to develop the Business Acquisition Compliance and Support Structure (“BACSS”). BACSS was designed as an IRS and ERISA compliant structure for using retirement funds to acquire or invest in a business tax-free!

The IRA Financial Group’s retirement tax professionals will work with you directly to develop an IRS and ERISA fully compliant business acquisition or funding solution customized to your individual business, financial, and retirement needs.

Take control of your future now!

Use your retirement funds to buy a new business or franchise tax-free!  For more info, contact us @ 800.472.0646!

IRA Financial Group Facebook pageIRA Financial Group Twitter pageIRA Financial Group Tumblr pageIRA Financial Group Pinterest page

Dec 11

IRA Financial Group Enhances Year-End Tax Planning Service For All Solo 401(k) Plan Clients To Include CPA Services

2014 year-end tax planning service will help IRA Financial Group Clients keep their self-directed retirement structures in IRS compliance.

IRA Financial Group, the leading provider of “checkbook control” self-directed IRA and solo 401(k) plan solutions, announces an expansion of its year-end tax planning service for all its solo 401(k) plan clients. The 2014 year-end tax planning service will be geared towards helping clients keep their self-directed retirement structures in full IRS compliance, including the IRS prohibited transaction rules. “We are thrilled about expanding our new 2014 year-end tax planning service to include a number of very exciting features for all our self-directed retirement clients”, stated, Adam Bergman, a tax partner with the IRA Financial Group. “The goal behind the expansion of the year-end tax and retirement planning service is to make sure all our clients are aware of the important year-end tax and IRS deadlines as well be being better focused on retirement savings,” stated Mr. Bergman.

IRA Financial Group Enhances Year-End Tax Planning Service For All Solo 401(k) Plan Clients To Include CPA Services The year-end tax planning service will provide IRA Financial Group clients with important information on the following topics: (1) maximizing 401(k) and IRA contributions, (2) taking advantage of the Roth IRA and Roth 401(k) features, (3) anti-fraud prevention services, and making IRS approved investments with retirement funds. “We are hopeful that our eight thousand plus clients take advantage of the expanded year-end tax planning services we are offering all our solo 401(k) clients”, 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 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.

IRA Financial Group Facebook pageIRA Financial Group Twitter pageIRA Financial Group Tumblr pageIRA Financial Group Pinterest page