Is I have a Full-Time Job but Earn Compensation on The Side Can I Use a Solo 401k Plan?

March 24th, 2011

Yes – as long as you are generating compensation from a business that you own that does not have any non-owner employees, your business can adopt a Solo 401k Plan.  A Solo 401k Plan can be adopted by a Sole Proprietorship, LLC, C Corporation, S Corporation, or Partnership. In general,to be eligible to benefit from [...]

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New Rules for Making Charitable Contributions With Retirement Funds

January 26th, 2011

The qualified charitable distribution provisions were renewed for 2010 and 2011, allowing individuals age 70½ or over to exclude from gross income up to $100,000 that is paid directly from their IRA or 401K

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