IRA Financial Group: The Self-Directed Retirement Specialists
IRA Financial Group is not a precious metals dealer. It is a leading professional services firm that specializes in designing and administering self-directed retirement plans. The company was founded by tax attorneys and is built on a foundation of deep legal and tax expertise, catering to sophisticated investors who want maximum control over their retirement funds.
The firm's primary business is setting up Self-Directed IRAs (SDIRAs) and Solo 401(k) plans. Their flagship product is the "Checkbook Control" IRA, which is typically structured as an IRA-owned Limited Liability Company (LLC). About the Company . This structure gives the IRA owner (as the manager of the LLC) the power to make investments instantly by simply writing a check from the LLC's bank account, eliminating the custodial delays and transaction fees common with other SDIRAs.
IRA Financial is a one-stop shop for self-directed investors. Their in-house team of tax and legal experts provides the plan documents, facilitates the rollover from existing accounts, and, most importantly, provides ongoing administrative and compliance support to ensure clients do not violate complex IRS rules.
Their plans allow investors to hold a vast array of alternative assets, including real estate, private equity, notes, and precious metals. For a Gold IRA, a client would use their IRA Financial plan to fund their LLC, and then use that LLC's checkbook to purchase metals from any dealer they choose, which are then held at a depository in the name of the LLC.
For a detailed analysis of their Checkbook IRA and Solo 401(k) plans, see the full review on Raremetalblog.com.