3 Important Questions for Your Solo 401(k) Provider
A solo 401(k) provider must be able to answer your questions regarding the retirement plan. We provide the three most important questions to ask your provider.
Safe Harbor 401(k) – The Best Small Business 401(k) Plan
The Safe Harbor 401(k) plan is the best plan for small business owners as it does not require testing and will allow for greater contributions.
What is a C Corporation?
A C Corporation is a legal structure where the owners, or shareholders, are taxed separately from the entity itself, but also taxed at the corporate level.
5 Ways to Make Your Business Succeed
Review these 5 ways to make your business succeed after you have employed the Rollover as Business Startup (ROBS) Solution.
Potential ROBS Drawbacks to Buy a Business
ROBS drawbacks do exist, even though it is a legal structure with many benefits. It’s important to consider potential drawbacks, such as IRS audits before using the ROBS solution to buy a business.
Small Business and Franchise Funding
Our dismal economy has left many individuals without jobs due to layoffs, downsizing, corporate bankruptcies and myriad other unhappy events. Even the companies that are hiring have the advantage of choosing from an extremely wide range of qualified candidates resulting in lower wages and salaries. With these limited options, many individuals are leaving the uncertainty […]
Solo 401(k) Advantages
A Solo 401(k) is the perfect retirement plan for sole proprietors, small businesses, and independent contractors, such as consultants. Any business with no employees can adopt a Solo 401(k) plan. The business can be a sole proprietorship, LLC, corporation, or partnership. A Solo 401(k) plan offers the same advantages as a Self-Directed IRA LLC, but […]
Best Retirement Plans for the Self-Employed
Retirement plans for the self-employed include the Solo 401(k), SEP IRA and SIMPLE IRA. We explain which plan is best for self-employed workers.
The Self-Directed SEP IRA
What is a Self-Directed SEP IRA? A Self Directed SEP IRA LLC “Checkbook Control” structure is an IRS approved and Tax Court certified structure that offers one the ability to use his or her SEP IRA funds to make almost any type of investment on their own without requiring the consent of a custodian. Tired […]
Is ROBS 401(k) Legal?
The ROBS solution is the only IRS approved way one can use retirement funds to invest in a business the 401(k) plan participant will personally be involved in.
