Archive for January, 2014

IRA Financial Group Introduces New Solo 401(k) Annual Contribution Calculator Tool for 2014

January 29th, 2014

Updated Solo 401(k) Plan Contribution calculator will allow individuals to calculate their maximum solo 401(k) Plan annual capital contributions for 2014 IRA Financial Group, the leading facilitator of self-directed solo 401K Plans, announces the introduction of its newly updated online Solo 401(k) annual contribution calculator for the 2014 taxable year. The newly deigned online Solo […]

Read More →




IRA Financial Group Introduces the 2014 “Checkbook Control” Individual 401(k) Plan for the Self-Employed

January 23rd, 2014

“Checkbook control” individual 401(k) Plan will serve as a retirement and investment vehicle for the self-employed and small business owner IRA Financial Group, the leading individual 401(k) Plan provider, announces the introduction of the 2014 “checkbook control” self-directed individual 401(k) Plan designed exclusively for the self-employed or small business owner with no full-time employees. IRA […]

Read More →




IRA Financial Group Reviews – The Best Solo 401(k) Plan Providers

January 15th, 2014

The Solo 401(k) Plan, also known as the Individual 401(k) or Self-Directed 401(k) Plan, is an IRS approved type of qualified retirement plan which is suited for business owners who do not have any employees, other than themselves and perhaps their spouse. The Solo 401(k) plan is not a new type of plan. It is […]

Read More →




IRS Announces Annual Solo 401(k) Plan Contribution Limitations to Increase by $1,000 to $52,000 & $57,500 respectively for 2014

January 14th, 2014

Self-employed individuals and business owners can now defer up to $52,000 and $57,500 if over 50 years old to a self-directed solo 401(k) plan in 2014 Starting on January 1, 2014, the Internal Revenue Services (“IRS”) announced that self-employed individuals and small business owners that have adopted a solo 401K plan for the 2014 taxable […]

Read More →




Who is Eligible to Fund a Solo 401(k)?

January 8th, 2014

A Solo 401(k) plan is well suited for businesses that either do not employ any employees or employee certain employees that may be excluded from coverage. A Solo 401K plan is perfect for any sole proprietor, consultant, or independent contractor. To be eligible to benefit from the Solo 401(k) Plan, investors must meet just two […]

Read More →




Recent IRS Guidance on in-Plan Roth Solo 401(k) Plan Rollovers Impacting Solo 401(k) Plan Owners

January 2nd, 2014

IRS Notice 2013-74 offers guidance to solo 401(k) Plan owners on deadlines for adopting in-plan Roth rollover amendment The IRS on December 12, 2013 issued guidance in IRS Notice 2013-74 to qualified retirement plans, including the solo 401(k) plan, on in-plan rollovers to designated Roth Solo 401K accounts. The guidance in IRS Notice 2013-4 relates […]

Read More →