The 2012 JOBS Bill, if signed by the President, has the ability to spur private investments via self directed or Solo 41(k) Plans into small emerging companies
Miami, FL (PRWEB) April 04, 2012
The IRA Financial Group, the leading provider of self directed IRA LLC solutions expects to see a significant increase in the number of retirement investors looking to use their retirement funds to make private business investments tax-free with a self directed IRA.
The 2012 JOBS Act would designate a new category of “emerging growth” companies that could conduct initial public offerings of stock while being exempt from certain financial disclosure and governance requirements for up to five years. It would also provide a new form of financing to small companies. Under the 2012 JOBS Act companies could solicit equity investments through the Internet or elsewhere, raising up to $1 million annually without being required to register the shares for public trading with the Securities and Exchange Commission. The bill, passed overwhelmingly by Congress last month and awaiting President Barack Obama’s signature, is intended to make it easier for fast-growing start-ups to raise money. One way it does this is by limiting certain disclosure requirements and investor protections for newly public companies that have less than $1 billion in revenue.
“The 2012 JOBS Bill, if signed by the President, has the ability to spur private investments via self directed or Solo 41(k) Plans into small emerging companies, “ stated Adam Bergman, a tax attorney with the IRA Financial Group. “Many corporate attorneys see the Jobs Act as a means for entrepreneurs to gain private funding without having to look to large corporations,” stated Adam Bergman.
The recently passed JOBS Act is designed to make it easier for small business to access investment capital and, by doing so, will create an opportunity for many Americans with retirement funds to fund and invest small start-ups with requiring the start-up to register with the capital raise with the SEC. Many Tax attorneys expect the 2012 JOBS Act to significantly increase the popularity of the self-directed IRA as an investment vehicle for using retirement funds to make private business investments on a tax-deferred basis.
A Self-Directed IRA, also called a Self-Directed IRA LLC 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 involves the establishment of a limited liability company (“LLC”) that is owned by the IRA (care of the IRA custodian) and managed by the IRA holder or any third-party. As manager of the IRA LLC, the IRA holder will have control over the IRA assets to make the investments he or she want and understands – not just investments forced upon by Wall Street.
With a self-directed IRA with checkbook control established through IRA Financial Group, an investor is able to use retirement funds to make domestic or foreign real estate, precious metals, tax liens, foreign currency, and many other investments tax-free and without custodian consent! Using a self-directed IRA LLC, clients of the IRA Financial Group have be able to re-allocate his or her retirement portfolio into different asset classes, such as real estate or foreign currency, which should prove more resilient against a United States financial or debt crisis.
With the passing of the 2012 JOBS Act, Through the crowd-funding segment of the new Jobs Act, entrepreneurs can now offer small amounts of stock to individuals retirement investors through the Internet or elsewhere, allowing them to raise as much as $1 million annually without being required to register the shares for public trading with the Securities and Exchange Commission. Although the self directed IRA rules are complex, the tax attorneys at the IRA Financial Group will help you navigate the IRA rules and protect your investment from IRS attack.
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