The Solo 401K Retirement Plan

June 23rd, 2015

The Solo 401(k) plan is an IRS approved qualified 401(k) plan designed for a self-employed individual or the sole owner-employee of a corporation. It works best when there are no other employees or a very small number of employees. The Solo 401K plan is the best retirement plan for the self-employed. In 2001, the Economic […]

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The No Custodian Fee Real Estate Solo 401(k) Plan

March 20th, 2014

Real estate solo 401(k) plan will be designed specifically for real estate investors looking to take advantage of no custodian fees IRA Financial Group, the leading provider of self-directed solo 401(k) retirement plans, introduces a specially customized real estate solo 401(k) plan with no custodian fee. The real estate solo 401(k) plan is designed specifically […]

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Business Funding With Your Retirement Funds

March 14th, 2014

Our dismal economy has left many individuals without jobs due to layoffs, downsizing, corporate bankruptcies and myriad other unhappy events. Even the companies that are hiring have the advantage of choosing from an extremely wide range of qualified candidates resulting in lower wages and salaries.  With these limited options, many individuals are leaving the uncertainty […]

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The Facts About the Solo 401(k) Plan

March 7th, 2014

The Solo 401(k) Plan is essentially a regular, plain-old, vanilla 401(k) plan that has one participant, who is a self-employed individual, or that person and his or her spouse. There is some misinformation being disseminated about these plans and we would like to set the record straight. We want to let you know what is […]

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My Solo 401K Plan Loan Rules

February 12th, 2014

One of the more popular options of a solo 401(k) Plan is the loan feature.  Unlike an IRA which does not offer a loan feature, with a solo 401(k) Plan, an individual has the opportunity to borrow money from his or her solo 401k plan without any penalty or tax.   The Solo 401k allows […]

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My Solo 401K Contribution Rules

February 12th, 2014

One of the most popular reasons for having a solo 401(k) Plan is the ability to make high annual contributions in either pre-tax or after tax (Roth format).  Under the 2014 Solo 401(k) contribution rules, a plan participant under the age of 50 can make a maximum employee deferral contribution in the amount of $17,500. […]

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IRA Financial Group Reviews – Best Retirement Plan for the Self-Employed

January 14th, 2014

When it comes to looking for the best retirement plan for the self-employed or small business owner with no full-time employees other than himself/herself or a spouse, the options generally include the SEP IRA and the solo 401(k) Plan.  Generally, unless one has earned sufficient income to max out on a SEP IRA contribution (typically […]

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401k Plan Options for Entrepreneurs

September 10th, 2013

Starting your own business comes with certain risks, both personal and financial.  However, your retirement plan should not be one of them.  No matter your age or how stable your finances are right now, you never what the future will bring, so saving for retirement should be one of your top priorities in life.  You […]

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