Archive for September, 2011

Serving as Trustee of a Self Directed 401K Plan

September 27th, 2011

One of the advantages of a Self Directed 401K Plan, also known as a Solo 401K Plan. is that the individual plan participant can serve as trustee of the Plan.  As trustee of the Self Directed 401K Plan, the individual has the ability to make investment decisions on behalf of the Self Directed 401K Plan.  […]

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What is the Role of a Trustee of an Individual 401K Plan

September 27th, 2011

One of the advantages of an Individual 401K Plan, also known as a Solo 401K Plan. is that the individual plan participant can serve as trustee of the Plan.  As trustee of the Individual 401K Plan, the individual has the ability to make investment decisions on behalf of the Individual 401K Plan.  Unlike most conventional […]

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Role as Trustee of a Solo 401K Plan

September 27th, 2011

One of the advantages of a Solo 401K Plan, is that the individual plan participant can serve as trustee of the Plan.  As trustee of the Solo 401K Plan, the individual has the authority to make investment decisions on behalf of the Solo 401K Plan.  Unlike most conventional Solo 401K Plan, with a trustee directed […]

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When Does Solo 401k Employee Contributions Need To Be Made for the Self Employed?

September 13th, 2011

One of the main advantages of adopting a Solo 401K Plan for the self-employed or small business owner with no employee is the ability to make high annual employee deferral contributions. For 2011, an individual under the age of 50 is entitled to make am annual employee deferral contribution of $16,500, whereas, an individual over […]

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Is the Solo 401K Plan a new Retirement Plan?

September 13th, 2011

The Solo 401K Plan, also known as the Individual 401K or Self-Directed 401K Plan is not a new type of plan. It was designed by the IRS to provide a self-employed individual or small business owner with all the same benefits of a conventional 401(k) qualified retirement plan, but without the administrative burdens. In general, […]

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A History of the Solo 401K Plan

September 13th, 2011

The Solo 401K Plan is an IRS approved qualified retirement plan that has been in existence for a number of years. In 1962, after years of agitation, Congress enacted the Self-Employed Individuals Tax Retirement Act of 1962, extending some of the benefits of qualified plan participation to self-employed persons. Plans covering self-employed individuals were often called […]

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Buying Real Estate with a Solo 401K – An Overview

September 12th, 2011

The Solo 401K Plan is a perfect investment vehicle for a self-employed individual or small business owner with no employees.  The Solo 401K Plan, also known as the individual 401K or Self Directed 401K is an IRS approved qualified retirement plan that was designed specifically for the self-employed or the small business owner with no […]

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The Self Directed 401K

September 1st, 2011

The Self Directed 401K plan is an IRS approved 401(k) qualified retirement plan that was designed especially for the self-employed or the small business owner.  The Self Directed 401K Plan is an ideal retirement plan for any self-employed individual or small business owner with no employees. The Self Directed 401K Plan can be adopted by […]

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The Individual 401K

September 1st, 2011

The Individual 401K plan is an IRS approved qualified retirement plan that was designed specifically for the self-employed or the small business.  The Individual 401K Plan is perfect retirement plan for any self-employed individual or small business owner with no employees. The Individual 401K Plan can be adopted by any type of business, including a […]

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