IRA Financial Group Review

IRA Financial Group Review

Are you looking to maximize your retirement savings while maintaining control over your investments? Look no further than IRA Financial Group, a trusted financial institution with expertise in self-directed retirement plans. In this comprehensive guide, you’ll learn about their diverse retirement solutions, transparent fee structures, and cutting-edge technology. Maximize your retirement savings the smart way with IRA Financial Group!

Key Takeaways

  • IRA Financial Group provides expert guidance and a variety of retirement solutions, allowing clients to diversify their portfolios with traditional and non-traditional investments.
  • IRA Financial offers checkbook control in self-directed IRAs for increased control, flexibility, and speed when investing. Solo 401(k) plans offer generous contribution limits & access to alternative assets such as real estate & cryptocurrency.
  • Clients have expressed satisfaction with the company’s professional conduct & assistance while noting its commitment to providing exceptional service in retirement planning.

Exploring IRA Financial Group’s Expertise

IRA Financial Group, founded by tax lawyer Adam Bergman, offers expert guidance and a wide variety of retirement solutions, including self-directed IRAs and solo 401(k) plans. With over 23,000 clients serviced, IRA Financial focuses on diversifying portfolios and transitioning away from traditional investments such as stocks, bonds, and mutual funds. Clients may register with IRA Financial Group through their app, which offers access to their services, including fees lifetime audit support. When you join forces with IRA Financial Group, you gain the advantage of tax and ERISA experts dedicated to enhancing your retirement savings. They offer a variety of retirement solutions, accommodating both conventional and non-traditional investments, such as real estate – a favorite among retirement investors. Whether you’re interested in a self-directed IRA or a solo 401(k) plan, IRA Financial Group has you covered.

The Foundation of Trust

Adam Bergman founded IRA Financial Group to offer various retirement savings solutions, including the savings incentive match plan for employees (SIMPLE IRAs). The company has provided advice to more than 23,000 individuals, offering services such as fees lifetime audit to ensure compliance and security for their retirement savings. They have advised over 24,000 clients on alternative investments, with $4.6 billion in capital allocated to such investments. The company’s dependability stems from their openness in financial matters and expertise in custodian controlled IRA structures. With a team of tax and ERISA experts, clients can trust IRA Financial Group to guide them through the complexities of self-directed retirement plans and alternative investments.

Diverse Retirement Solutions Offered

IRA Financial Group provides a range of retirement solutions, including self-directed individual retirement account (IRAs), solo 401(k) plans, and ROBS (Rollover as Business Startups) options. One popular choice among investors is the self directed retirement plan, which allows for contributions from post-tax funds and tax-exempt withdrawals in retirement, making them an attractive option for those looking to diversify their retirement accounts. However, awareness of the modified adjusted gross income (MAGI) limits is necessary when contributing to a self-directed Roth IRA, as surpassing these limits may curtail or nullify contribution limits. With IRA Financial Group’s self-directed solutions, there is no minimum investment requirement to begin, and alternative investments such as real estate and cryptocurrency are available for clients to explore. The company also offers a Rollover as Business Startup (ROBS) option, allowing individuals to invest in a small business without incurring penalties when using retirement funds as a down payment. With such diverse offerings, IRA Financial Group caters to a wide range of client needs and preferences.

Navigating Self-Directed IRAs with IRA Financial

Self-Directed IRAs with IRA Financial IRA Financial Group simplifies self-directed IRA investing by offering services such as opening self-directed bank accounts, managing all IRS reporting, and providing annual IRS compliance services. A defining difference between a standard self-directed IRA and a self-directed IRA LLC lies in the “checkbook control” feature. This enables the account holder to choose and execute investments more swiftly and with reduced fees. The IRA Financial app streamlines the process of opening new accounts and executing rollovers of funds, making it easy for clients to manage their investments. With IRA Financial Group’s self-directed IRAs, clients can invest in a wide range of assets, including traditional and alternative investments, providing a flexible and comprehensive approach to retirement savings.

The Benefits of Checkbook Control

Checkbook control in a self-directed IRA offers the following benefits:
  • Complete control over IRA assets
  • Ability to make investment decisions and withdraw funds directly from the IRA account
  • Increased speed in decision-making
  • Greater flexibility in managing and diversifying retirement savings
  • Direct access to IRA funds for quick investment opportunities and timely decisions
With checkbook control, investors can directly manage and invest their IRA funds without requiring custodian approval for each transaction, enabling faster decision-making and access to a broader range of investments. This feature offers clients of IRA Financial Group the freedom to optimize their retirement savings and achieve their financial goals.

Understanding the IRA LLC Structure

An IRA LLC structure is an investment strategy that allows individuals with a self-directed IRA to invest in alternative assets through a pass-through entity, providing greater control and flexibility when managing retirement funds. The benefits of an IRA LLC structure include:
  • Greater control over investment decisions
  • Flexibility to invest in a wider range of assets
  • Limited liability protection for the owner(s) of the LLC
  • Additional asset protection for self-directed IRA investors
An IRA LLC structure must include an operating agreement that clearly defines compliance with ERISA law to remain within legal parameters. This structure provides access to a variety of investment options, including those allowed by the IRS such as:
  • real estate
  • precious metals
  • private equity
  • private lending
  • cryptocurrency
  • tax liens
  • hedge funds
By understanding the IRA LLC structure and its benefits, investors can make more informed decisions about their retirement savings and investment strategies.

Your Guide to Solo 401(k) Plans with IRA Financial

Solo 401(k) Plans with IRA Financial IRA Financial Group guides clients in establishing and managing solo 401(k) plans, providing advice on eligibility and various investment opportunities. To be eligible for a solo 401(k) plan with IRA Financial Group, an individual must satisfy two requirements: (1) possess self-employment activity, and (2) not have full-time employees other than the business owner and their spouse. A solo 401(k) plan at IRA Financial Group offers the opportunity to invest in a variety of funds, including private equity. Establishing a solo 401(k) plan with IRA Financial Group is a simple process, usually completed within 24 hours. With a solo 401(k) plan from IRA Financial Group, self-employed individuals can enjoy high annual contributions and a wide range of investment options.

Eligibility and Advantages

Solo 401(k) plans are available to business owners without employees and individuals with self-employment income. Contribution limits for solo 401(k) plans are generous, with up to $66,000 allowed in 2023 and $69,000 in 2024, plus catch-up contributions for those aged 50 or over. The advantages of IRA Financial Group’s solo 401(k) plans include:
  • Higher contribution limits
  • The availability of a loan option
  • Self-directed investment options
  • The flexibility to make almost any type of investment using retirement funds
This flexibility allows clients to diversify their retirement savings and take advantage of a broad spectrum of investment possibilities.

Investment Opportunities Unlocked

IRA Financial Group unlocks various investment opportunities for solo 401(k) holders, including real estate and cryptocurrency. Investing in real estate through a Solo 401(k) with IRA Financial Group allows clients to utilize retirement funds to purchase domestic and foreign properties, and enjoy exemption from unrelated business taxable income (UBTI) rules. Investing in cryptocurrency through a Solo 401(k) with IRA Financial Group offers numerous advantages, such as:
  • Streamlined tax management
  • Access to prominent banks and financial institutions
  • The option to use a Roth option
  • Tax-exempt compounding
  • Considerable contribution limits
  • Unrestricted rollovers
With these diverse investment opportunities, IRA Financial Group, a trusted financial institution, ensures clients can make the most of their retirement savings.

Fee Transparency and Lifetime Support

Fee Transparency and Lifetime Support at IRA Financial Group IRA Financial Group presents clear fee structures, including asset value fees, and lifelong audit support for clients, promoting clarity in costs and peace of mind. Their fee structure includes clear disclosure of fees, comprehensible fee schedules, and transparency in the calculation and charging of fees. Clients may also benefit from additional fee-related information, as well as access to knowledgeable experts devoted to ensuring their comfort and compliance with IRS regulations. With this level of transparency and support, clients can focus on growing their tax free retirement savings with confidence, knowing that tax deductible options are considered.

Breakdown of Costs

IRA Financial Group offers a detailed cost breakdown for their various plans, devoid of hidden charges or minimum balance prerequisites. Custodian costs range from $180 to $360 annually, ensuring clients fully comprehend the fees associated with their IRA accounts. Fees for self-directed IRAs vary depending on the type and number of assets, starting at $199 for cash-only investments or investments with one asset. The company strives to be transparent about their fees and charges, including setup fees and ongoing annual fees, allowing clients to evaluate costs before making any decisions. This transparency helps build trust and empowers clients to make informed choices regarding their retirement planning.

Audit Support Assurance

Clients opting for IRA Financial Group obtain audit support assurance, guaranteeing peace of mind and expert guidance in the event of IRS audits. A dedicated team offers audit support, assisting clients throughout the audit process to ensure compliance with IRS regulations. This support helps clients address any issues or challenges that may arise during an audit. Expert guidance during an IRS audit offers numerous benefits, including understanding and abiding by relevant tax laws, organizing required documentation, and effectively communicating with the IRS. With IRA Financial Group’s audit support assurance, clients can feel confident in their retirement planning knowing they have a team of experts by their side.

Harnessing Technology for Retirement Planning

Technology for Retirement Planning at IRA Financial Group IRA Financial Group utilizes technology to streamline account management and furnish educational resources. The IRA Financial app allows clients to open accounts, roll over funds, and invest conveniently from their smartphones. In addition to streamlining account management, the app offers a user-friendly interface and tools to help users monitor their investments and make informed decisions to maximize their retirement savings. With technology at their fingertips, clients can efficiently manage their retirement accounts and stay informed about their investments.

Account Management at Your Fingertips

The IRA Financial app offers the following features:
  • Creating a basic user account
  • Answering simple questions
  • Digitally signing documents
  • Two-step login verification
  • Simplified account activation
Users can open an IRA account online or through their brokerage, allowing for quick and easy account setup. Executing a rollover of funds using the IRA Financial app is seamless, with the ability to select a rollover IRA account type, provider, and transfer funds. Through the app, clients can manage their investments with ease, ensuring they stay on track with their retirement savings goals.

Educational Resources and Support

IRA Financial Group offers a wealth of educational resources for clients, including information on:
  • Retirement planning
  • Investment strategies
  • Self-directed IRA investing
  • Reports
  • Events
  • Webinars
  • Courses
  • Alternative and traditional assets
  • Retirement planning
To stay informed about retirement planning strategies and investment opportunities, clients can subscribe to IRA Financial Group’s newsletter. This educational resource offers valuable insights and tips for optimizing retirement savings, ensuring clients have a well-rounded understanding of their investment options.

Client Experiences with IRA Financial Group

Clients of IRA Financial Group have relayed their triumphs and hurdles, underscoring the company’s promptness and proficiency. Many have expressed satisfaction with IRA Financial Group’s professional conduct and assistance with account management and checkbook LLC setup. Although some clients have faced challenges with communication and slow processes, overall, the company receives high ratings on consumer protection sites. This demonstrates IRA Financial Group’s commitment to providing exceptional service and helping clients navigate the complexities of retirement planning.

Success Stories

client success IRA financial group review Positive client feedback underscores IRA Financial Group’s professionalism and assistance in managing accounts and establishing checkbook LLCs. With an average rating of 4.6 out of 5 on Facebook and the Better Business Bureau, IRA Financial Group has a proven track record of client satisfaction. Clients have praised the company’s responsiveness and expertise, acknowledging their ability to successfully navigate retirement planning and maximize their savings. These success stories serve as a testament to IRA Financial Group’s dedication to helping clients achieve their financial goals.

Overcoming Challenges

While some clients have encountered communication hurdles and slow procedures, on the whole, IRA Financial Group garners high ratings on consumer protection sites. The company addresses these challenges by:
  • Enhancing cybersecurity practices
  • Initiating legal action against parties responsible for security failures
  • Remaining apprised of potential legislative changes.
Despite these challenges, clients continue to trust IRA Financial Group for their retirement planning needs, knowing that the company is committed to providing exceptional service and support throughout their financial journey.


IRA Financial Group offers a comprehensive solution for those looking to maximize their retirement savings through self-directed retirement plans, solo 401(k) plans, and alternative investment options. With their expertise, transparent fee structures, and innovative technology, clients can confidently navigate the complexities of retirement planning and achieve their financial goals. Don’t let your retirement savings stagnate; let IRA Financial Group guide you to a brighter financial future!

Frequently Asked Questions

Is IRA Financial Group legit?

IRA Financial Group appears to be a reputable company, but customer reviews suggest they have used fraudulent tactics such as harassment and threats to extract money from clients for services never rendered. This behavior indicates that they may not be a legitimate company. It is important to diligently explore your investment opportunities prior to making decisions. One such option could be exploring our detailed review of the best gold IRA Companies that can be suitable to any individual needs.

Who owns IRA Financial Group?

Adam Bergman is the founder and owner of IRA Financial Group, a company he created to help retirement account holders maximize their financial freedom through self-directed plans. He previously worked as a tax and ERISA attorney at some of the world’s largest law firms.

Is IRA financial a custodian?

Yes, IRA Financial is a custodian as they partner with Capital One bank to offer a secure way to make investments. They provide both traditional and non-traditional investment options.

Is it better to have a 401k or IRA?

Whether you should have a 401k or an IRA depends on a variety of factors, such as contribution limits, employer match, investment options and eligibility. Generally, a 401k offers higher contributions and an employer match, while an IRA provides more investment options. Ultimately, both can be beneficial and it is important to consider all the options before making a decision.

What is the difference between a self-directed IRA and a self-directed IRA LLC?

A self-directed IRA allows for the account holder to select and manage their own investments, while a self-directed IRA LLC adds the additional benefit of “checkbook control”, providing greater control and efficiency with fewer fees.
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