Self-Directed IRA
UBTI Rules and House Flipping with Retirement Accounts
It’s easy to flip homes or engage in a real estate transaction with a Solo 401(k) plan. It’s as easy as writing a check from
August 5, 2024
Solo 401(k)
Can a Solo 401(k) Reduce Self-Employment Tax?
Can a solo 401(k) reduce self-employment tax? If you’re self-employed or a small business owner, discover the tax advantages of a Solo 401(k) plan today.
July 31, 2024
Solo 401(k)
Solo 401(k) Plan Distribution Rules
In this article, we provide a general overview of the Solo 401(k) plan distribution rules. It may seem unfair to some that one would need
March 28, 2024
Solo 401(k)
Solo 401k Nonrecourse Financing
Solo 401(k) nonrecourse financing – A nonrecourse loan is a loan not personally guaranteed by the plan participant. Find out how you can benefit with the solo 401(k) retirement plan.
March 7, 2024
401(k) Rules & Regulations
Solo 401(k) Tax Filing Rules
The major question to address when it comes to Solo 401k tax filing is: Are there any annual tax filing requirements for the plan? Since
March 6, 2024
Solo 401(k)
Does a Solo 401k Have the Same UBTI Rules as a Self Directed IRA LLC?
Yes and No. Like an IRA, the tax advantage of a Solo 401(k) Plan is that income is tax-free until distributed. In general, an exempt
March 4, 2024
IRA Rules & Regulations
Correcting a Prohibited Transaction
When correcting a prohibited transaction, you must undo the transaction so as to not be penalized, or in the case of an IRA, lose your tax-exempt account.
February 26, 2024
Solo 401(k)
Is ERISA Testing Required for a Solo 401(k) Plan?
Generally, because of how the Solo 401(k) plan is established, there are no ERISA nondiscrimination testing required for the plan.
February 16, 2024
Solo 401(k)
IRS Form 5500-EZ: Solo 401(k) Filing & Reporting Requirements for 2023 Taxable Year
You must submit IRS Form 5500-EZ if your Solo 401(k) plan asset exceeds $250,000. IRA Financial Group explains reporting requirements and instructions.
January 9, 2024
Solo 401(k)
What are the Solo 401(k) Rules?
The Solo 401(k) rules must be adhered to in order to maintain your plan and stay IRS compliant so you maintain the freedom to invest in almost anything.
January 6, 2024
