Retirement plan documents are a mystery! If you're not an attorney or tax specialist, most of the paperwork is confusing. It's written in the language
Avoid UDFI Tax with the Self-Directed Solo 401k
Did you know the Solo 401k is exempt from paying UDFI, or the mortgage tax? Unrelated Debt Financed Income (UDFI) and Unrelated Business Income Tax
Why Do I Need a Contingent Successor Trustee?
One of many important decisions you’ll make when setting up your Solo 401k is who will handle your affairs in the event that you’re no longer able to.
Your Solo 401k and Divorce
Divorces can be messy. You have a lot going on both emotionally and financially. Financially, people often first think about the big items in their
Can You Contribute to Multiple Retirement Plans?
At times, retirement planning can seem to be more of a headache than anything. What is allowed? What’s not? Let’s say you’re working a full-time job
Solo 401k Basics Series: What does a Document Sponsor do?
A Solo 401k document provider is a vital piece to the puzzle in controlling your own retirement funds. It's exciting to be in charge of your financial
Voluntary After-Tax and Roth Contributions in the Solo 401k
If you’ve never heard of voluntary after-tax contributions for a Solo 401k, you aren’t alone. Although they have been in existence for many years ,
RMDs and the Solo 401k
When you retire, the questions start piling up. Do you have enough money to live on? Did you pick the best retirement plan? Are you taking too much
Succession Planning and the Solo 401k
As the owner of a solo 401k plan, you are the administrator as well as the trustee of your plan. This means you have total control over the plan and