IRS Issues New Retirement Plan Contribution Limits for 2012 for Solo 401K Plan
November 8th, 2011
Among the biggest changes is an increase in the annual contribution limit from $16,500 to $17,000 for employees who participate in 401(k),
Hardship 401k Withdrawal
August 15th, 2011
A 401k is meant to be used as a savings tool to put money away for your retirement. In some cases, you may be able to withdraw money before you are 59 1/2 years of age. However, it is usually discouraged, except if you are in dire straits. If this is the case, you may be able to take a Hardship 401k withdrawal. To withdraw money from your 401k, you must be able to show you are in a hardship situation. Situations that would be allowed to take a Hardship 401k withdrawal would be eviction, foreclosure or difficulty in paying for your basic living expenses.
Why Choose IRA Financial Group’s Solo 401K Plan Over a Vanguard Solo 401K Plan?
July 8th, 2011
There are many features of the IRA Financial Group’s Solo 401K plan that make it so much more appealing than a Vanguard sponsored Solo 401K Plan.
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