IRA Financial Group Believes New Investment Tax Triggered by President Obama's Health Care Law To Accelerate Interest in Self-Directed IRA & Roth IRA Investments

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New 3.8% percentage-point surtax on investment income, part of President Obama's health-care overhaul to create more interest in tax-free IRA investments

President Obama Helth Care Law

The self-directed Roth IRA offers the best protection against the new investment tax triggered by the Obama Health Care Law because all income and withdrawals are tax-free,

When the Supreme Court affirmed the President Obama’s health care law on Thursday, June 28, 2012, most Americans were not aware that a new tax, which Congress passed in 2010, will significantly impact the net investment income of most joint filers with adjusted gross income of more than $250,000 ($200,000 for single filers). Although there is not yet any IRS guidance on this new law, the tax attorneys at the IRA Financial Group believe that starting on January 1, 2013, the tax rates on long-term capital gains and dividends for these earners will jump from their current historic low of 15% to 18.8%, assuming Congress extends the current tax rates. IRA Financial Group believes with the advent of the new tax, investors will be looking to shelter more of their assets in tax-deferred or tax-free retirement accounts in order to protect their assets from this new investment tax. “self-directed IRA or Roth IRA investment income would not be subject to the 3.8& tax”, notes Adam Bergman, a tax attorney with the IRA Financial Group. “The self-directed Roth IRA offers the best protection against the new investment tax triggered as a result of the Obama health care law because all income and withdrawals are tax-free,” stated Mr. Bergman.

Using a self directed IRA or self-directed Roth IRA as an investment vehicle is extremely attractive tax planning option in light of an accelerated tax environment. By using an IRA Financial Group self-directed IRA or Roth IRA, individuals can make traditional as well as non-traditional investments, such as real estate tax-free and without penalty.

The new investment tax rules make the self-directed IRA and self-directed Roth IRA an even more attractive tax planning option. The tax attorneys at the IRA Financial Group believe that all taxpayers should start considering the impact this new tax law can have on their income as well as looking to use retirement funds as a way of minimizing the negative impact of the tax.

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 and Dewey & LeBoeuf LLP.

IRA Financial Group is the market’s leading “Checkbook Control” Self Directed IRA and Solo 401k Plan Facilitator. We have 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 tax-free and without custodian consent!

To learn more about the IRA Financial Group please visit our website at or call 800-472-0646.

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Jaclyn Baily
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