Archive for June, 2016

IRA Financial Group Announces Expanded Solo 401(k) Plan Annual Services to Include Filing of IRS Form 5500-EZ

June 30th, 2016

Solo 401(k) plan clients of the IRA Financial Group to be offered IRS Form 5500-EZ completion services IRA Financial Group, the leading provider of self-directed Solo 401(k) plans, announces a new service for its annual tax and compliance service for Solo 401(k) plan clients to include the completion of the annual IRS information form – […]

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Strong Demand for Solo 401(k) Plan With Non-Deductible Contribution Option

June 15th, 2016

Strong Interest in Solo 401(k) Plan with non-deductible after-tax contribution option IRA Financial Group, the leading provider of checkbook control self-directed Solo 401(K) plans, announces strong demand for the Solo 401k plan with a non-deductible Contribution option. The advantage of using a Solo 401(k) plan, which includes a nondeductible contribution option, is that it allows […]

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With a Solo 401k Plan – Make High Contributions, Borrow up to $50,000, and Use Your Retirement Funds to Invest in Almost Anything

June 9th, 2016

In 1981, the IRS formally described the rules for 401k Plans. The Solo 401k Plan is an IRS approved type of qualified plan. The Solo 401k plan” is not a new type of plan. It is a traditional 401k plan covering only one employee. The plans have the same rules and requirements as any other […]

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Solo 401(k) – The Rules

June 2nd, 2016

401(k) plans are defined in the Internal Revenue Code (Section 401) as retirement savings trusts. A 401(k) Plan is an IRS approved qualified retirement plan. As the name implies, the Solo 401(k) plan is an IRS approved qualified 401(k) plan designed for a self-employed individual or the sole owner-employee of a corporation. It works best […]

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