LROs, or Limited Recourse Obligations, are a debt security offered on our investing platform. Groundfloor submits these to the SEC for qualification. Each loan is backed by the underlying real estate asset, which mean you as the investor are put in a first lien position, making this investment in real estate debt inherently less risky than investing in real estate equity.
Groundfloor allows everyday investors, both accredited and non-accredited alike, to invest fractionally in qualified for public sale real estate projects nationwide.
A tax-deferred savings program that allows individuals to invest earned income in a retirement savings account. Traditional IRAs are the most common accounts individuals use to save for their retirement.
A Traditional IRA can be a good option for individuals who want to save for retirement while receiving a tax deduction for their contributions. The tax-deferred growth can help the account balance grow over time, and the flexibility of investment options can allow the individual to tailor their portfolio to their needs and risk tolerance. However, it’s important to be aware of the potential tax consequences of withdrawals and the required minimum distributions.
Self-directed IRAs provide a unique way for Groundfloor investors to diversify their retirement assets while taking advantage of the tax advantages of IRAs. Groundfloor working with our IRA custodian, Forge Trust, enables individuals and businesses to earn the high returns that Groundfloor is generating while realizing the tax benefits of an IRA.
Groundfloor offers an alternative investment opportunity for investors to build their own portfolios of real estate loans ranging in yield from 5% to 23%. When these assets are held in an IRA, earnings may grow tax-deferred (Traditional IRA) or tax-free (ROTH IRA), helping investors maximize their contribution amounts today while saving for retirement. Ea, consequatur.
Opening a Groundfloor IRA account is straightforward. Simply click here to get started or if you already have a Groundfloor Investor Account, log in and click the top-right section of the page and choose “Open an IRA Account”.
Now is a great time to sign up for a GROUNDFLOOR IRA Account! In addition to taking advantage of the tax benefits of investing through an IRA, Groundfloor will waive all fees associated with IRA accounts through 2023. If/when we do charge investor fees, we will provide all users at least 90 days notice.
When you log in to your Groundfloor IRA account, select “CONTRIBUTE & TRANSFER”. Our site will then guide you through the process of transferring funds from an existing IRA custodian, directly contributing funds via check or rolling over funds from an existing retirement plan such as an employer-issued 401(k). Expect 2-4 weeks for contributions to complete.
Take the time to familiarize yourself with IRAs as an investment vehicle and consult an advisor to talk about tax, legal and financial benefits and responsibilities. It’s great to be hands-on, but you don’t want to risk the chance of being penalized for breaking an IRS rule. Stay in control, and stay ahead of your IRA investing, by consulting a subject matter expert.
Yes. Moving your IRA from another custodian to Groundfloor requires a bit of information. To rollover an account to us from another custodian, please open and log into your account.
A request to transfer funds will begin processing within two business days. Cash-only transfers typically take a few business days to begin processing.