IRA Financial

▣About IRA Financial

IRA Financial provides self-directed retirement accounts, including Self-Directed IRAs, Checkbook IRAs, Solo 401(k) plans, ROBS, SEP and SIMPLE IRAs, and self-directed HSAs and Coverdell accounts. Clients can use these accounts to hold alternative assets such as real estate, private equity, precious metals and cryptocurrency. Tax attorney Adam Bergman founded the company in 2010. IRA Financial says it is a South Dakota-chartered trust company regulated by the South Dakota Division of Banking. Its Crypto IRA runs through Bitstamp, a U.S.-regulated exchange, so the bitcoin sits in custodial accounts rather than in the client's own wallet. The Crypto IRA costs $100 a year plus a flat 1% trading fee. The company reports more than 27,000 active accounts.