IRA Financial Group, LLC

Description

The IRA Financial Group was founded by a group of top law firm tax and ERISA lawyers and former Wall Street participants with over 35 years of combined experience in the legal, tax, and investment fields at some of the largest law firms and financial institutions in the country, such as White & Case LLP, Dewey & Leboeuf LLP, and JP Morgan Chase.

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.

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.

We use your personal information to provide services you may have requested, to respond to communications from you, and to help you open new or additional accounts.

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