Archive for the ‘Solo 401K provider’ Category

Customized Self-Employed 401(k) Retirement Plan Solution for Small Business Owners with No Custodian or Recordkeeping Fees

May 24th, 2013

Self-Employed 401(k) Plan will offer self-employed business owners with a customized retirement and investment solution with no custodian or third-party recordkeeping fees IRA Financial Group, the leading provider of Self-Employed 401K retirement plans, introduces a specially customized self-directed 401(k) retirement plan for self-employed professionals and small business owners with no full-time employees. A Self-Employed 401K [...]

May 22nd, 2013

Internal Revenue Code Section 72(p) allows a Solo 401K Plan participant to take a loan from his or her 401K Plan so as long as it is permitted pursuant to the business’s 401K Plan documents. A solo 401k loan is permitted at any time using the accumulated balance of the solo 401k as collateral for [...]

May 20th, 2013

A Solo 401(k) plan” is an IRS approved retirement plan, which is suited for business owners who do not have any employees, other than themselves and perhaps their spouse. The “one-participant 401(k) plan” or individual 401(k) Plan is not a new type of plan. It is a traditional 401k plan covering only one employee. Like [...]

May 20th, 2013

IRA Financial Group, the leading facilitator of Self-Directed IRA LLC and Solo 401(k) Plans, announces a new free webinar as part of its educational series on the area of tax planning opportunities available for individuals and small business owners with retirement funds. The free webinar will be aimed at offering investors an extensive array of [...]

May 16th, 2013

In 2002, the Economic Growth and Tax Reconciliation Act granted the solo 401(k) equal benefits to a traditional 401(k), greatly popularizing the plan. The flexible retirement plan quickly gained widespread praise and recognition– mainly for its substantially higher contribution limits, which include employee deferral contributions as well as profit sharing contributions. For 2012, the maximum [...]

May 14th, 2013

Though unemployment rates have slowly dropped over the past few months, there are still many Americans out there who don’t have jobs. Whether you were laid off, quit or are simply can’t find a steady paycheck, you still need to find a way to save for your retirement. One of your options may be a [...]

May 13th, 2013

With a Solo 401(k) Plan, as trustee of the Plan, you no longer have to get each 401(k) Plan investment approved by the custodian of your account. This means that all assets of the 401(k) trust are under the sole authority of the Solo 401k Plan participant (you). A Solo 401(k) plan allows you to [...]

May 9th, 2013

The Solo 401(k) plan is unique and so popular because it is designed explicitly for small, owner only business. It’s a tax efficient and cost effective plan that offers all the benefits of a Self Directed IRA plan, and includes additional benefits, such as high contribution limits (up to $49,000) and a $50,000 loan feature. [...]