IRA Financial Group Vs. Fidelity Solo 401k Plan

March 16th, 2017

The Solo 401K Plan, also known as the Individual 401K or Self Directed 401K Plan is an IRS approved plan that was designed specifically for the self-employed or small business owner with no employees other than the owners(s). Since the adoption of the 2002 Economic Growth and Tax Reconciliation Act, the Solo 401K Plan has […]

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Can I adopt a Solo 401(k) Plan if I have a Full-Time Job?

June 5th, 2013

In general, an individual who has a full-time job can still adopt a Solo 401K plan, assuming that individual generated self-employment income in a business with no other non-spouse full-time employees. The Presence of Self Employment Activity Self employment activity generally includes ownership and operation of a sole proprietorship, Limited Liability Company (LLC), C Corporation, […]

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The Scottrade Solo 401K Plan – What You Need to Know

August 31st, 2011

Like Scottrade’s Solo 401K Plan, IRA Financial Group’s Solo 401K Plan is easy to operate. There is generally no annual filing requirement unless your solo 401K Plan exceeds $250,000 i

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The TD Ameritrade Solo 401K Plan – What You Need to Know

August 31st, 2011

Like most financial institutions, TD Ameritrade’s Solo 401K Plan offers no loan feature, while IRA Financial Group’s Solo 401K Plan allows plan participants to borrow up to $50,000 or 50%

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The Vanguard Solo 401K Plan – What You Need to Know

August 31st, 2011

Unlike Vanguard’s Solo 401K Plan, by adopting IRA Financial Group’s Solo 401K Plan, you can serve as trustee of the plan and make traditional investments as well as non-traditional investments such as real estate

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The Fidelity Solo 401K Plan – What You Need to Know

August 31st, 2011

Unlike a Fidelity Solo 401K Plan, by adopting IRA Financial Group’s Solo 401K Plan, you can serve as trustee of the plan and make traditional investments as well as non-traditional investments such as real estate

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The Charles Schwab Solo 401K Plan – What You Need to Know

August 31st, 2011

Unlike Charles Schwab’s Solo 401K Plan which restricts your investment opportunities to stocks and mutual funds, with IRA Financial Group’s Solo 401K Plan, making a traditional as well as non-traditional investment such as real estate

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The Roth 401K – How to Designate a Roth 401K Account

August 26th, 2011

The advantages of electing to make a Roth 401K contribution is that if certain requirements are met, an individual will be able to take as a distribution the income and gains generated by the Roth 401K investment tax-free

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