After being asked “What’s the difference between your Solo 401(k) and one offered by a custodian?” for the umpteenth time in the past few months, I figured it’s about time to write a post about it. Why custodians exist IRAs are governed by section 408 of ... Continue Reading
In addition to saving money in a tax favored account, a Self Directed Solo 401k enables you to invest in virtually anything. Unknown to most people, retirement accounts and stock market investments do not have to go hand in hand. While the stock market only represents a small fra ... Continue Reading
Solo 401k eligibility requires 2 things: Presence of self employment activity – This can be as a sole proprietor or more formally organized as a Corporation, Partnership, or LLC. It’s okay to also be employed elsewhere even if that is your full time job and you parti ... Continue Reading
The stock market implosion of 2008 has millions of Americans feeling financially helpless. Yet individuals who are investing their 401k & IRA money in ventures outside the stock market are singing a different tune. Janice and Jack Stoddard, real estate professionals in Ark ... Continue Reading
We’ve just relaunched solo401k.com on this blogging platform to allow for regular information updates and easy navigation. Use the categories at the bottom of the page to learn more about the world’s most powerful investment vehicle – the Solo 401k! Subscribe ... Continue Reading