Can I rollover IRA Funds from an IRA to a Solo 401(k) Plan?

May 3rd, 2013

In general, an individual with an IRA is permitted rollover existing IRA funds to a new Solo 401(K) Plan. The IRA rollover can be in cash or in-kind assets, such as real estate or notes. The IRS allows IRA holders to rollover IRA funds and assets in a 401(k) qualified retirement plan. Note – Roth [...]

May 3rd, 2013

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 to make traditional as well as non-traditional investments such as real estate. However, [...]

March 11th, 2013

IRS Form 990-T, specifically Schedule E, is the tax form where a charitable organization of retirement account, such as an IRA or Roth IRA would report income that would be subject to the Unrelated Business Taxable Income (also known as UBIT or UBTI) or Unrelated Debt Financed Income tax. In general, only income generated from [...]

February 24th, 2013

July 3rd, 2012

It is a little known fact that the IRS allows retirement funds, such as an IRA or 401(k) Plan, to make real estate investments tax-free and penalty free. The way to accomplish this is to establish a self directed IRA. The main difference between an IRA and a self-directed IRA, is that with a [...]

May 17th, 2012

During the past two years as crop prices have increased, so has the value of farmland. Midwest farmers in a five state region saw a 19% increase in value as of April 1 from a year earlier. The Great Plains states posted a 25% increase led by a 39% jump in Nebraska and 24% in [...]

December 1st, 2011

When establishing an IRS compliant self directed IRA LLC it is important work with a tax professional who has experience in navigating the tax and ERISA rules regarding using retirement funds to make investments.

September 7th, 2011

By using the self directed IRA real estate structure from IRA Financial Group’s attorneys and putting together a plan that fits your family’s circumstances, the Morgan heirs have the luxury of time to make the right decisions.