Using a Loan With a Solo 401K Plan to Make an Investment

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, [...]

April 25th, 2013

At one point in everybody’s life they have or will contemplate the dilemma of what retirement plan is best suited for them. There are over 45 million IRA today. However, that does not necessarily mean the Self-Directed IRA is the right retirement strategy. A Self-Directed IRA, which is governed by the rules pursuant to IRC [...]

January 3rd, 2013

Self-employed individuals and business owners can defer up to $51,000 and $56,500 if over 50 years old in 2013 Starting on January 1, the Internal Revenue Services (“IRS”) announced that elf-employed individuals and small business owners that have adopted a solo 401K plan for the 2013 taxable year will be able to make tax-deferral employee [...]

March 5th, 2012

There are a number of significant advantages of establishing a Solo 401K over an IRA. The first major advantage of a 401K or Solo 401K plan over an IRA is in the area of annual contributions.

January 30th, 2012

The 401K Plan for the self-employed is an IRS approved plan that was designed specifically for the self-employed.

January 23rd, 2012

A Solo 401K Plan, also known as an Individual 401K or Self Directed 401K Plan offers a self employed business owner the ability to use his or her retirement funds to make almost any type of investment, including real estate