]talk that the SEC wants to give even more investors the opportunities to buy into fast-growing private companies is very exciting for many self-directed investors,
NEW YORK (PRWEB) September 24, 2018
IRA Financial Group & IRA Financial Trust Company, a leading financial technology self-directed IRA provider & custodian, has seen growing demand from self-directed IRA investors looking to use retirement funds to make private placement investments into private businesses. The strong demand comes in the backdrop of news surfacing that the Securities and Exchange Commission (“SEC”) is drawing up plans to increase the number of people allowed to buy stakes in hot Silicon Valley startups and other private companies. “While some of our clients are able to satisfy the “accredited investors” rules allowing them to use IRA funds to invest in private businesses, talk that the SEC wants to give even more investors the opportunities to buy into fast-growing private companies is very exciting for many self-directed investors,” stated Adam Bergman, President of the IRA Financial Group & IRA Financial Trust Company.
According to Mr. Bergman, “an investor typically has to be “accredited” to buy an interest in private companies, which requires an annual income of more than $200,000 or a net worth of more than $1 million—a rule aimed to ensure that anyone allowed into these markets can afford to lose what they put in. Private placement s elf directed IRA investments into private businesses are booming as investors are chasing profits outside more traditional stocks and bonds.
IRA Financial Group & IRA Financial Trust Company’s self-directed IRA platform allows investors to invest into private businesses through private placements for as little as a few hundred dollars a year with no account valuation fees. The primary advantage of using a self-directed IRA to make private placement investments is that generally all income and gains associated with the IRA investment grow tax-deferred or tax-free in the case of a Roth IRA.
IRA Financial Group is the market's leading provider of self-directed retirement plans. 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, cryptocurrency, and private business investments.
The IRA Financial Trust Company, a self-directed IRA custodian, was founded by Adam Bergman, a partner with the IRA Financial Group. Mr. Bergman is a leading expert on the taxation of retirement funds and has authored multiples articles on how to use a self-directed IRA to buy cryptocurrencies.
Adam Bergman, IRA Financial Group partner, has written seven books the topic of self-directed retirement plans, including, “How to use Retirement Funds to Purchase Cryptocurrencies, “The Checkbook IRA”, “Going Solo,” Turning Retirement Funds into Start-Up Dreams, Solo 401(k) Plan in a Nutshell, Self-Directed IRA in a Nutshell, and in God We Trust in Roth We Prosper.
To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.