What if you could use your retirement savings to invest in real estate, start a business, or buy cryptocurrency - all while keeping the tax advantages of your IRA or 401(k)?
Tax attorney and entrepreneur Adam Bergman reveals the hidden power of self-directed retirement accounts that most Americans are unaware of. As the founder and CEO of IRA Financial Group, Adam shares how he discovered, by accident, that IRAs can invest in far more than just stocks and bonds—and how he built a $5 billion company helping business owners unlock these opportunities.
From the ROBS strategy for funding businesses with retirement funds to the surprising tax advantages that even seasoned professionals may not be aware of, this episode reveals the retirement planning secrets that savvy individuals use to build substantial wealth.
5 Key Takeaways
➤ IRAs can invest in almost anything except three prohibited categories - collectibles like art, life insurance, and transactions that personally benefit you or your family members.
➤ Three ways to fund your business with retirement money: Own less than 50% of the business through a self-directed IRA, borrow up to $50,000 through a 401(k) loan, or use the ROBS (Rollover Business Startup Solution) strategy.
➤ The ROBS strategy enables tax-free, penalty-free access to retirement funds by setting up a C-corporation that adopts a 401(k) plan, which then purchases company stock—completely legal under Section 4970E of the tax code.
➤ Starting retirement savings at 24 vs 34 makes a massive difference - investing just $2,000 annually from age 24-72 at 8.5% returns yields $1.15 million vs. only $498,000 when starting at 34.
➤ Self-directed IRAs cost less than $500 annually to maintain, and the setup process takes just a few hours over a few weeks, giving you complete control over investment decisions.
Notable Quotes"I had no idea that you can use an IRA to do alternative assets. I as a tax lawyer... worked at some of the biggest law firms in the world, and I honestly thought that you had to buy stocks and mutual funds, ETFs with your IRA."
"The US retirement system is rigged in our favor... it's based off compounded returns, the eighth wonder of the world. Albert Einstein said it."
How to Reach Adam BergmanIRA Financial Group
Website: /https://www.irafinancial.com/lp/retirement-solutions/
YouTube Channel: IRA Financial (1000+ educational videos)
Phone: Free consultations with 100+ tax professionals
Resources: Extensive blogs and educational content on self-directed retirement accounts
Adam has authored 9 books on retirement planning and continues to educate entrepreneurs on maximizing their retirement strategies through alternative investments.
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