Archive for February, 2012

Using a Solo 401(k) To Purchase Real Estate

February 28th, 2012

Most people mistakenly believe that their 401(k) must be invested in bank CDs, the stock market, or mutual funds. Few Investors realize that the IRS has always permitted real estate to be held inside 401(k) retirement accounts. Investments in real estate with a Solo 401(k) are fully permissible under the Employee Retirement Income Security Act […]

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Internal Revenue Code Section 4975

February 10th, 2012

When it comes to understanding the rules governing making investments through a 401(k) qualified retirement plan or Solo 401K Plan, one must first understand the intent of the IRS when it first developed the prohibited transaction rules. The IRS and the Internal Revenue Code do not describe what a 401(k) qualified plan or Solo 401K […]

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Individual 401k With “Checkbook Control”

February 1st, 2012

With an Individual 401(k) Plan, as trustee of the Plan, you no longer have to get each 401(k) Plan investment approved by the custodian of your account. This means that all assets of the 401(k) trust are under the sole authority of the Individual 401k Plan participant (you). A Individual 401(k) plan allows you to eliminate […]

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