If you’re looking for a tax break this year, there’s still time to open a Solo 401(K). But do your research and seek experts to help you understand the plan, how to manage your account without the need for a custodian which amounts to extra fees, and how to transfer your existing new plan. You’ll find the options for investing and maximizing your contributions are plentiful but the clock’s ticking—you only have until December 31st to open one for 2009.
Open a Solo 401k for 2009 before it’s too late!
Filed Under: Blog, Setting up a Solo 401k Tagged With: 401k, advice, advisor, alternative investment, contribution, eligibility, government, individual 401k, individual k, invest, investing, investment, ira, one person k, planning, retirement, retirement plan, savings, self directed, self employed, self employment, solo, solo 401k, solo k, strategies, strategy, tax, uni k, unlimited
Video: Self Directed Solo 401k
I recently sat down with Eric Wikstrom – CPA, CFP, & Founder of Integrated Wealth Strategies.
In this segment we briefly discuss the Solo 401k and how it differs from a Self Directed IRA.
The following clip observes the benefits of unrestricted investment choices. [Read more...]
Filed Under: Blog, Solo 401k Investment Options & Ideas Tagged With: account, contribution, custodian, invest, investing, ira, limits, loan, plan, reale state, retirement, self directed, solo 401k
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