IRA Financial Group Blog
Solo 401k – Common Prohibited Transactions
Categories of Prohibited Transactions In general, the type of transactions that could fall under the Solo 401k Prohibited Transactions rules pursuant to Code Section 4975
What is a Solo 401(k) Prohibited Transaction?
The Internal Revenue Code & ERISA does not describe what a Solo 401k Plan can invest in, only what it cannot invest in. Internal Revenue
What is a Solo 401(k) Loan?
Solo 401(k) Loan – Learn about the rules surrounding the Solo 401(k) plan loan and how you can borrow up to $50,000, without tax or penalty.
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
Solo 401(k) Plan – How Can I Benefit?
Solo 401(k) Plan A Solo 401(k) Plan (also known as an individual 401(k) Plan or self-directed 401(k) Plan) is a retirement plan few of us
Solo 401(k) Contribution Deadline
The Solo 401(k) Contribution Deadline is typically dependent on the type of entity that has adopted the Solo 401(k) Plan, as well as the type
2018 Solo 401k Contribution Limits
Just like the 2017 Solo 401k, the 2018 Solo 401k contribution limits will increase. If you’re a plan participant under 50, you can make a
Solo 401(k) to Purchase Real Estate
Use Your Solo 401(k) to Purchase Real Estate A Solo 401(k) to purchase real estate is a wise choice. Previously, we explained how a Solo
Solo 401k & ERISA – The Law
What is ERISA? The Employee Retirement Income Security Act of 1974 (ERISA), enacted September 2, 1974, is an American federal statute that establishes minimum standards
Why Choose a Solo 401k Plan vs. SIMPLE IRA?
A SIMPLE IRA plan is similar to a Solo 401k Plan in that it is funded by employee deferrals and additional employer contributions. However, unlike
