…a lot really. Some might say the health care bill is a distraction from what’s next. Peeling back the layers of the politicians’ never-ending string of nationalizations reveals that they may just be ramping up. Believe it or not, the self-trustee Solo 401k ... Continue Reading
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 ... Continue Reading
With tens of thousands of self directed IRA investors utilizing LLC structures to enjoy “checkbook control” authority of their self directed IRA investments, this post may serve as great news for those who aim to follow suit. Solo 401(k) retirement plans can grant dir ... Continue Reading
Solo 401(k)’s most touted feature is its uniquely large annual contribution limits ($49k – $108k). A lesser known feature may be just as useful for some: participant loans. What is a participant loan? A Solo 401(k) participant can borrow up to either $50,000 or 50% of ... Continue Reading
You heard it right: a FREE Solo 401k from Nabers Group. This is a contest, and you have a good chance of winning. I estimate that 98% of my readers will not even try to win. It’s a phenomenon: people think “Oh too many others will enter the contest and my odds wonR ... Continue Reading
This is quite a simple concept so this post will be very brief. Our weak economy has brought very high inflation: as high as 13% over the past year. Future dollars are worth much less than dollars today. With a Solo 401k you can make tax-deductible contributions to your retirem ... Continue Reading
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. Continue Reading
While there are many people finding themselves more fearful than ever, there are others who are more excited than ever. Here’s why… The rules of safety and courage have changed. Since the industrial revolution, employee-ism has surged. During this time, getting a jo ... Continue Reading
We have seen some unbelievable things over the past few years… especially the past few months. The only thing certain is that there is a lot of uncertainty ahead. If you haven’t already done so, right now I strongly suggest you watch the 30 minute condensed version o ... Continue Reading
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