Archive for the ‘Self Directed 401K Plan’ Category

Solo 401(k) Plan 20% Withholding Tax on Distributions

July 20th, 2017

Generally, under most Solo 401(k) Plan, distributions cannot be made until one of the following occurs: You die, become disabled, or otherwise have a severance from employment. The plan terminates and no successor defined contribution plan is established or maintained by the employer. You reach age 59½ or incur a financial hardship. The distributions can […]

Read More →




Tips For Buying Real Estate With A Solo 401(k) Plan And Staying Out Of IRS Trouble

July 10th, 2017

IRA Financial Group’s Self-Directed Solo 401(k) Plan offers one the ability to use his or her retirement funds to make almost any type of investment on their own without requiring the consent of any custodian or person. The IRS and Department of Labor only describe the types of investments that are prohibited, which are very […]

Read More →




How to Use a Self-Directed 401k Loan to Make an Investment

March 15th, 2017

When it comes to using retirement funds, such as a Solo 401K Plan, to make investments, the question arises whether a Solo 401K Plan can utilize a loan as part of the transaction. The IRS has always allowed a Solo 401K Plan, also known as a Self-Directed 401K, to make traditional as well as non-traditional […]

Read More →




Beware The UBTI Rule When Investing In Real Estate With Retirement Funds

December 28th, 2016

This article originally appeared on Forbes.com – Since the creation of individual retirement accounts (“IRAs”) the Internal Revenue Service (“IRS”) has always permitted an IRA or other retirement account to purchase, hold, or flip real estate.   In fact, it states it right on the IRS website. By using a Self-Directed IRA or 401(k) plan, […]

Read More →




Establishing a Solo 401k Plan with Fidelity

December 5th, 2016

IRA Financial Group, the leading provider of Self-Directed Solo 401(k) Plans, and Fidelity have worked together to allow IRA Financial Group Solo 401(k) clients to establish a Checkbook Control Solo 401(k) Plan account with Fidelity with no custodian fees. IRA Financial Group clients will be able to use IRA Financial Group’s IRS approved Self-Directed Solo […]

Read More →




Forex Trading with Your Solo 401k

November 17th, 2016

The foreign exchange market, also known as Forex, allows someone to exchange currencies around the world.  Currency trading is one of the safest investments since fluctuations in the price of currency are very small (less than one cent per day).  You can open and close positions in hours or hold them for as long as […]

Read More →




Advantages of a Self-Directed 401(k) Plan

August 15th, 2016

A Self-Directed 401(k), also known as a Solo 401(k), is perfect for sole proprietors, small businesses and independent contractors such as consultants. A Solo 401(k) Plan can be adopted by any business with no employees other than the owner(s). The business can be established as a sole proprietorship, LLC, corporation, or partnership. A Solo 401K […]

Read More →




Establishing a Self Directed 401k Plan with Wells Fargo

July 8th, 2016

IRA Financial Group, the leading provider of Self-Directed Solo 401(k) Plans, and Wells Fargo have worked together to allow IRA Financial Group Solo 401(k) clients to establish a Checkbook Control Solo 401(k) Plan account with Wells Fargo with no custodian fees. IRA Financial Group clients will be able to use IRA Financial Group’s IRS approved […]

Read More →