2026 IRA Financial Review: Pros, Cons, and Alternatives

ira financial It is a self-directed IRA manager that provides retirees, W-2 owners, and self-employed individuals access to Alternative investmentssuch as real estate and cryptocurrencies.

You can open an account online and add funds through a transfer or rollover from an existing retirement account, or add funds directly from your bank.

In this full review, we cover the key features, pros and cons, and explain who the platform is best suited for;

What is a financial IRA?

IRA Financial is an IRA custodian that serves individuals seeking alternatives to traditional retirement plans, such as IRAs and 401(k). These plans often limit investors to stocks, bonds, and investment funds, such as mutual funds and exchange-traded funds (ETFs).

Free +1000 AI Tools

As a custodian, IRA Financial does not offer its own investment products, but rather manages self-directed IRAs, solo 401(k)s, etc. According to the company, it has helped more than 24,000 clients in 50 states, and holds more than $3.2 billion in alternative assets.

As previously mentioned, IRA Financial offers access to Self-Directed IRAs (including LLCs), Solo 401(k), IRA Approved ROBS Solutions accounts, and IRAfi Crypto to invest exclusively in cryptocurrencies. Here’s a closer look at each type of product:

Self-directed IRAs

Self-directed IRAs are similar to traditional IRAs in that they are a tax-advantaged retirement vehicle. However, they offer investments not available through traditional IRAs, including real estate and private companies. CryptocurrenciesPrecious metals, and more.

You can still invest in stocks, ETFs, bonds, etc., but you are able to diversify more with alternative assets.

Here are the two types of self-directed IRA accounts offered by IRA Financial and their main features:

Solo 401(k)

A Solo 401(k) is a retirement plan for self-employed individuals with no full-time employees, besides the owner themselves and their spouses. IRA Financial offers what’s known as an open-structure Solo 401(k) account for more flexibility.

Plan holders can access a Roth IRA subaccount and invest in a wide range of alternative investments. There’s even a loan feature, which allows you to borrow up to as little as $50,000 or 50% of your account value.

Plan holders have full control of the checkbook, which means you don’t have to involve the custodian (IRA Financial) when you make a transaction. As long as your account balance is less than $250,000, you should be able to avoid filing an annuity.

Relay as a startup (ROBS)

A Financial IRA allows you to use your retirement savings to fund a new business venture or an existing one, through a ROBS plan. Here is the 6-step Financial IRA process:

1. Create a C corporation.
2. A C Corp adopts a prototype 401(k) plan.
3. Choose to participate in your new 401(k) plan, then roll over funds from your previous employer’s 401(k) plan.
4. Buy shares of newly issued C Corporations with your new 401(k).
5. C Corporation purchases the assets of the new company using the proceeds from the stock sale.
6. You can now withdraw your salary from business profits and personally guarantee a business loan.

A ROBS plan gives you access to capital without having to pay any penalties or taxes on early withdrawal. Of course, there are ongoing costs and risks involved. If your business fails, you could lose all of your retirement savings.

Eravi encryption

IRAfi Crypto is a retirement account platform, created by IRA Financial, dedicated exclusively to buying, selling and trading crypto assets. Features include:

• 1% fee per trade
• Minimum $10 per trade
• Invest in over 30 popular tokens including Bitcoin and Ethereum
• No need for an LLC
• Annual fee of $100

Clients can upgrade to a full-service IRA Financial account at any time, and the IRAfi Crypto platform will then be included for free.

Are there any fees?

You can open an IRA Financial account for free. Once the funds are transferred, your fees will depend on the type of account you open. Below are the price details:

IRA Financial is one of many Self-Directed IRA Trustees.

Alto era It has low annual fees and offers clients a wide range of alternative investments, such as venture capital, real estate, cryptocurrencies, and private deals. However, they are limited in the types of accounts and investments you can have. Therefore, although it is less expensive, it is limited.

Intrust Group It is a self-directed IRA and Solo 401(k) provider, but unlike most platforms, it also offers access to self-directed HSA and Coverdell Education savings accounts.

IRA Financial offers a straightforward account opening process. You can schedule a free consultation on its website and then work with an IRA Financial representative to complete your application. Or you can go straight to submitting the application online and complete it yourself in just minutes.

Once you open your account, you can start the money transfer process and start investing.

Get started with IRA Financial here >>

Is it safe and secure?

IRA Financial is regulated by the Internal Revenue Service (IRS), which is responsible for ensuring that the company complies with its regulatory requirements.

Its custodian, the IRA Financial Trust, is regulated and licensed by the South Dakota Department of Banking, and all retirement funds are owned by Capital One, a financial partner of the IRA. When you transfer money to a Financial IRA, your money is protected by the FDIC (up to $250,000) until you invest the money.

From a customer perspective, IRA Financial has Rating + With the Better Business Bureau, and has been accredited since 2011.

You can reach IRA Financial Group by phone at 1-800-472-1043 or by email at [email protected].

It may be beneficial to open a self-directed retirement plan with IRA Financial if you have experience investing in alternative assets and want to include them in your retirement portfolio. You may be able to take advantage of increased diversification or the opportunity to use your retirement savings to start or grow a business.

However, you must be willing to accept the risks of investing in alternative assets, the added complexity of self-directed plans, and potentially higher fees.

Check out IRA Financial here >>