Individual 401k has tons of benefits and upsides if you know how to maximize this lucrative retirement plan. This is a remarkable option especially for those who want to establish a lucrative and trusted retirement plan with a reputable administrator, Sense Financial. The…

For those who are looking for the ultimate qualified retirement plan, the Solo 401k is the answer to your long and challenging search. Also known as the Self-Directed plan, this account is highly recommended for people who want nothing but the best financial preparation for their future…

When it comes to contributing money into a Solo 401(k) Roth account, there are some questions that are often asked. One of the most important things to remember is that there are limitations to the amount of contributions that can be made. You may not know this, but traditional retirement accounts like that of Roth IRA and other options, have…

Have you ever wondered how a Solo 401k plan works and what makes it different from the more traditional 401(k) plan?

A Solo 401k plan is a plan that is designed for business…

With Election Day finally here and the race for the White House as tight as it has ever been, many Americans are already planning ahead in case of a Barack Obama victory.

The re-election of President Obama would almost certainly mean an increase in the…

If you are currently employed then you are more than likely paying 401k contributions already. A 401k plan is already a known investment opportunity for employees, but what is not as well-known is the fact that an employed individual can avail several 401k plans.

Today, being gainfully…

There’s never been a more important time to protect and grow your retirement funds. If you are self-employed real estate agent and your plans include investing in real estate, mortgage notes, tax deeds or liens, a Solo 401k plan could be the answer.

The difference between a Solo 401k and a…

Someone recently made a comment to one of my articles that it would be better to purchase real estate outside the Self-directed IRA or Solo 401k because of more favorable tax treatment.  Here is my answer to that comment:

You are comparing buying real estate inside of IRA with making the…

Is it possible – or even prudent – to roll over funds from your 401(k) plan into self-directed IRAs? If you’re at least age 59½, the answer could be yes.

Rollovers are not an option most 401k plans promote, and for good reason: the company administering your plan wishes to keep the funds just where they are, collecting fees. But you can…

Real Estate Investing with Solo 401k can be very powerful! 

Many people mistakenly believe that their retirement accounts must be invested in stock or mutual funds. Intelligent educated investors realize that the IRS has always permitted real estate to be held inside retirement accounts. Real Estate investing with a …

If you are self-employed and have a desire to shelter more of your income from taxes, then you may know about retirement plans for small-business owners such as SEP IRA and SIMPLE IRA.  But have you heard about Individual 401k (also know as Solo 401k)?

Individual 401 k Plan is unique and designed explicitly for small, owner only business.…

Use Solo 401k or Checkbook IRA to invest in real estate, there is no better time to do it than it is now.  Housing market is at the…

A Solo 401k plan is perfect for sole proprietors, small businesses owners and independent contractors. A Solo 401k Plan can be adopted by any business with no employees other than the owner(s). The business can be established as a sole proprietorship, LLC, corporation, or partnership. A Solo 401k plan offers the same advantages as a…