What can I invest in using my Solo 401(k) Plan?
A Solo 401(k) offers a self-employed business owner the ability to use his or her retirement funds to make virtually any type of investment on their own without requiring the consent of a custodian. The IRS only describes the type of investments that are prohibited, which are very few.
The following are some examples of types of investments that can be made with your Solo 401K:
- Residential or commercial real estate
- Raw land
- Foreclosure property
- Mortgage pools
- Private loans
- Tax liens
- Private businesses
- Limited Liability Companies
- Limited Liability Partnerships
- Private placements
- Stocks, Bonds, Mutual Funds
- Most currencies
Please contact one of our 401(k) Experts at 800-472-0646 for more information.