Archive for September, 2014

Solo 401(k) Contribution Limits for 2014

September 24th, 2014

Under the 2014 Solo 401(k) contribution rules, a plan participant under the age of 50 can make a maximum employee deferral contribution in the amount of $17,500. That amount can be made in pre-tax or after-tax (Roth). On the profit sharing side, the business can make a 25% (20% in the case of a sole […]

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Are All Individual 401k Plans the Same?

September 17th, 2014

When it comes to determining what type of 401(k) qualified retirement plan is best for a self-employed individual or small business owner with no employees, it is important to look at all the options the plan provides to make sure it will satisfy your retirement planning, tax, and investment goals. Most financial institutions offer Solo […]

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IRA Financial Group Introduces One-Day Set-Up Self-Employed 401(k) Plan Program For Small Businesses

September 8th, 2014

Self-employed 401(k) Plan solution can be set-up in one day and would offer self-directed investment features and can be opened at any local bank IRA Financial Group, the leading provider of self-directed self-employed 401(k) plans, announces the introduction of the one-day self-employed 401(k) plan set-up program for sole proprietors and small businesses owners with no […]

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Eligibility Rules for a Solo 401(k)

September 4th, 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 […]

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