Miami, FL (PRWEB) November 12, 2013
IRA Financial Group, the leading provider of “checkbook control” self-directed IRA LLC solutions has conducted a survey of over 300 self-directed IRA clients on the subject to hot investments for 2013 and over 65% of respondents mentioned the IPO market as an attractive investment option for IRA funds, specially the self-directed Roth IRA. In 2013, there have been six IPOs in which the stock doubled from its offering price on the first day of trading and most recently Twitter whose share soared to close almost 73% above their offering price in their first day on the stock market. “We have seen an increasing number of self-directed Roth IRA clients using after-tax funds to take advantage of the hot IPO market, including Twitter, “ stated Adam Bergman, a tax attorney with the IRA Financial Group.
According to Mr. Bergman, the stock market has been on a tear with the S&P 500 index is up just under 24% this year. The Dow and S&P 500 have hit a series of record highs in a bull market that started in March 2009. Our self-directed IRA clients have noticed this trend and have been looking to use after-tax retirement funds to take advantage of the surging stock market.
Unlike a conventional Self Directed Roth IRA which requires custodian consent and requires high custodian fees, a self-directed Roth IRA LLC with Checkbook Control will allow one to make non-traditional investments, such as real estate by simply writing a check. “With a traditional custodian controlled IRA, the Roth IRA holder will generally be relegated to buying stocks and mutual funds, whereas with IRA Financial Group’s Self-Directed Roth IRA LLC one will have the ability to make real estate, precious metals, stocks, options, and much more with retirement funds, “stated Jacky Ospina, a senior paralegal with the IRA Financial Group. With IRA Financial Group’s true Self-Directed IRA Roth LLC solution, all income and gains generated by the Roth IRA real estate investments would be tax-free. “With the “checkbook control” Roth IRA, our clients are able to better diversify their retirement portfolio and make stock as well as real estate investments tax-free and without custodian consent.
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.