401(k) Rules & Regulations
Solo 401k and the UBIT Rules
One of the advantages of using retirement funds, such as a 401(k), Solo 401k or an IRA to make investments is that in most cases
November 4, 2022
IRA Rules & Regulations
Required Minimum Distribution Rules
In general, excluding Roth IRAs, retirement plans, including Self-Directed IRAs and Solo 401(k) plans are subject to required minimum distributions (RMDs). The RMD rules are
September 15, 2022
401(k) Rules & Regulations
EARN Act Passed Through Senate
The EARN Act passed unanimously through the Senate. Along with the House bill, the legislation will help shape how we save for retirement.
June 27, 2022
401(k) Rules & Regulations
Can a Sole Proprietorship Open a Solo 401(k)?
If you own a business and do not elect the entity, by default, you are a sole proprietorship and can establish a Solo 401()k plan.
June 3, 2022
401(k) Rules & Regulations
SECURE Act 2.0 Impact on Self-Directed Retirement Plans
The SECURE Act 2.0 contains some significant IRA and 401(k) changes, including new RMD age, expand and ‘Roth-ify’ Catch-up contributions, higher IRA catch-up contributions for those from age 62-65, and much more.
April 1, 2022
401(k) Rules & Regulations
Solo 401k IRS Rules and Guidelines
Solo 401(k) IRS Rules and guidelines refer to the prohibited transactions with disqualified persons and assets you cannot purchase with retirement funds.
December 4, 2021
401(k) Rules & Regulations
Understanding the Solo 401(k) Employee Deferral Rules
The Solo 401(k) Employee Deferral Rules state that you can contribute up to $19,500 ($26,000 if age 50+) for 2021 in pre-tax or Roth.
November 12, 2021
IRA Rules & Regulations
Real Estate UBTI – When Does it Apply?
What is UBTI? UBTI is defined as “gross income derived by any organization from any unrelated trade or business regularly carried on by it” reduced
May 4, 2021
401(k) Rules & Regulations
How to Report an IRA or 401(k) CARES Act Distribution/Withdrawal
Not sure how to report an IRA or 401(k) CARES Act Distribution? IRA Financial Group explains which form you need to fill out and include when you file taxes.
February 9, 2021
401(k) Rules & Regulations
Understanding the Solo 401(k) Employer Profit Sharing Contribution Rules
The Employer Profit Sharing Contribution rules can be tricky, however, there are ways to maximize your Solo 401(k) contributions.
December 28, 2020
