July 8th, 2011
Even people who have stable financial sources now worry about their future and security after retirement. This is where a self directed IRA or solo 401k may be a beneficial option. There are not many differences between the options of self directed IRA and solo 401k, only that the last involves a plan with the employee’s company.
The two are similar when it comes to taxes and withdrawal age, but most people choose self-directed IRA simply because of the flexibility offered with various plan types. In addition to the freedom to choose according to preference, an IRA will offer more security as it is not connected to one’s employment like the solo 401k.
June 15th, 2011
As you get older, you start to invest in your future, either with a retirement fund, buying a house, or purchasing other assets. Have you tried to make an investment and have something hold you back because you found out that you really were not in control of your IRA or retirement plan? Now you no longer have to worry about that. With the solo 401k plan, self-directed IRA, Self Directed Roth IRA, and Self Directed IRA real estate, you have the control of those decisions. These decisions can be made when you want, tax-free, and without custodian consent.