Setting Up a Solo 401(k) Plan

February 24th, 2014

When looking to establish a solo 401(k) Plan it is imperative that one works with tax and ERISA experts who understands the rules and regulations surrounding the adoption, maintenance. With IRA Financial Group, you will work directly with tax attorneys and CPAs to help establish your IRS compliant solo 401(k) Plan. The Solo 401(k) plan […]

Read More →




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 […]

Read More →




Can I Rollover Real estate from an IRA to a Solo 401(k) Plan?

May 3rd, 2013

In general, an individual with a self-directed IRA that owns real estate is permitted to transfer in-kind the real estate to the a new Solo 401(k) Plan without tax or penalty.  The IRS allows IRA holders to rollover IRA funds and assets in a 401(k) qualified retirement plan.  Note – Roth IRA funds cannot be […]

Read More →




Solo 401K Rules

March 13th, 2012

A Solo 401K Plan offers a self-employed business owner the ability to make high contribution limits (up to $55,500) as well as borrow up to $50,000 for any purpose.  In addition, a Solo 401(k) Plan allows a a plan participant to use his or her retirement funds to make almost any type of investment, including […]

Read More →




What is the Difference Between a 401K Rollover and a 401K Contribution?

August 15th, 2011

The difference between a 401K or Solo 401K PLan transfer and a rollover is a transfer is generally between IRA and IRA or for inter-plan transfers.

Read More →




Options for Rolling 401K Funds from a Former Employer – Time to think about the Solo 401K

August 3rd, 2011

What many individuals are not aware of is that if they are permitted to roll over their 401(k) plan funds, they are not required to roll those funds directly to a Self Directed IRA or Solo 401K Plan.

Read More →




Transferring Retirement Funds to a Solo 401K Plan

May 27th, 2011

Transfer retirement funds such as a Traditional IRA, SEP-IRA, SIMPLE IRA, 401 K, 403b, and most other pre-tax retirement plans tax-free from your current custodian to any financial institution or credit union who can serve as your Solo 401K Plan custodian for no fee.

Read More →