Using an Individual 401(k) presents a number of exciting tax planning and investment opportunities.
Miami, FL (PRWEB) February 02, 2013
With IRA Financial Group’s special Individual 401(k) Solution, retirement funds can be used to buy real estate tax-free. “With depressed real estate prices, many retirement investors are looking to buy their dream retirement home with retirement funds and then move in tax-free,” stated Adam Bergman, a tax attorney wit the IRA Financial Group. “Using an Individual 401(k) presents a number of exciting tax planning and investment opportunities,” Mr. Bergman added.
Income or gains generated by a 401(k) Plan generate tax-deferred/tax-free profits. Using IRA Financial Group’s Individual 401(k) Plan to purchase real estate allows the 401(k) to earn tax-free income/gains and pay taxes at a future date, rather than in the year the investment produces income.
With an Individual 401(k), you can invest tax-free and not have to pay taxes right away – or in most cases for many years allowing your retirement funds to grow tax-free. All the income or gains from your real estate deals flow though to your 401(k) account tax-free.
The primary advantage of using an Individual 401(k) to make investments is that all income and gains associated with the Individual 401(k) investment grow tax-deferred. “By using an Individual 401(k) plan to make real estate investments, all income and gains generated by the investment property would not be subject to tax,” stated Mr. Bergman.
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 Individual 401(k) 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.