Completing IRS Form 5500 for Your Individual 401k

March 20th, 2017

In general, the solo 401(k) plan, also known as an Individual 401(k), is easy¬†to operate. There is¬†generally no annual filing requirement unless the fair market value of your solo 401(k) plan asset exceeds $250,000, as of December 31 of the previous year. If your solo 401(k) plan assets exceed $250,000 as of 12/31 of the […]

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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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How to Use a Self-Directed 401k Loan to Make an Investment

March 15th, 2017

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, also known as a Self-Directed 401K, to make traditional as well as non-traditional […]

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Documents You Need When Opening a Solo 401k Plan

March 9th, 2017

IRA Financial Group will help you set-up your Solo 401(k) plan quickly, professionally, and economically. The IRA Financial Group is attorney-owned and operated and its on-site tax and ERISA professionals will personally customize your Solo 401(k) Plan to fit the needs of your business as well as satisfy your retirement and tax planning goals. Once […]

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IRA Financial Group Podcast Episode 71: How to Get Around the RMD Rules With a Roth 401k Plan

March 7th, 2017

IRA Financial Group’s Adam Bergman discusses strategies for circumventing or delaying RMDs with a Roth 401k Plan.   Click Here to Listen  

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UDFI And Using A 401(k) Plan To Buy Real Estate

February 27th, 2017

One of the advantages of using retirement funds, such as a Solo 401(k) plan, to make investments is that, in most cases, all income and gains from the investment will flow back to the 401(k) plan tax-deferred or tax-free in the case of a Roth. This is because a 401(k) plan is exempt from tax […]

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Why Choose the IRA Financial Group for Your Solo 401k Plan

February 22nd, 2017

IRA Financial Group is one of the nation’s top Solo 401(k) Plan providers. Excellence: Our in-house retirement tax professionals have worked at some of the largest law firms in the United States, including White & Case LLP and Dewey & LeBoeuf LLP. Their tax and ERISA experience is unmatched in the industry and is the […]

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Solo 401k Myths Debunked

February 15th, 2017

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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