Self-directed solo 401(k) Plan solution can be set-up in one day and would offer self-directed investment features and can be opened at any local bank
IRA Financial Group, the leading provider of IRS compliant self-directed solo 401(k) plans, announces the one-day solo 401(k) plan set-up in light of the looming December 31, 2015 deadline for establishing a solo 401(k) Plan for the 2015 taxable year. The newly featured one-day self-employed 401(k) Plan set-up program will allow plan participants to rollover former employer 401(k) Plan, 403(b), 457(b), or IRA funds to a self-directed and open architecture solo 401(k) plan tax-free and penalty-free. The one-day solo 401(k) plan solution is designed specifically for individuals who are looking to gain access to their retirement funds to make traditional as well as non-traditional investments, such as real estate with no annual fees for the 2015 taxable year. “Because of strong demand from potential solo 401(k) plan clients to establish plans before December 31, 2015, we are offering a one-day solo 401(k) plan set-up for no additional fees.“ stated Susan Glass, a retirement tax specialist with the IRA Financial Group. “The self-directed self-employed 401(k) plan is a great retirement and investment vehicle for the self-employed looking to get more control of their retirement funds and make high tax deductible or after-tax contributions,” stated Ms. Glass.
IRA Financial Group’s self-directed solo 401k Plan, also known as a solo 401(k) plan or individual 401(k) plan, is a cost effective 401(k) plan that was designed specifically for the self-employed or the small business owner with no employees. IRA Financial Group’s open architecture self-employed 401(k) plan is a retirement plan designed to maximize contributions and be less complex and less expensive to maintain than a conventional 401(k) Plan. With IRA Financial Group’s individual 401(k) Plan, in 2015, a plan participant can make high contributions – up to $57,500 – borrow $50,000 or 50% of his or her account value, and make real estate and other investments tax-free and without custodian consent.
With IRA Financial Group’s one-day set-up individual 401(k) Plan solution, as trustee of the plan, the plan participant will have “checkbook control” over the plan funds and have the ability to make traditional (stocks, mutual funds, etc.) as well as non-traditional investments (real estate, precious metals, tax liens, private businesses, etc.) without tax. Furthermore, IRA Financial Group’s self-directed 401K Plan account can be opened at any local bank or credit union.
IRA Financial Group proudly announces the latest book titled “The Checkbook IRA” written by tax partner Adam Bergman, which is now available on Amazon. This is the second book in a four-part series on self-directed retirement plans. The first book “Going Solo” is also available on Amazon.
The IRA Financial Group was founded by a group of top law firm tax and ERISA lawyers who have worked at some of the largest law firms in the United States, such as White & Case LLP, Dewey & LeBoeuf LLP, and Thelen LLP.
IRA Financial Group is the market’s leading solo 401k plan provider. IRA Financial Group has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate without custodian consent.